HRZ
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2.78% 3.7¢ horizon minerals limited

Re the 20mil Kingwest shares issued to Horizon the following is...

  1. bodeh
    399 Posts.
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    07/05/20
    11:03
    Post #: 44483638
    Re the 20mil Kingwest shares issued to Horizon the following is what Horizon will get in addition

    A deferred payment no later than 18 months after settlement of: o A further $1.625M in cash; and o $1.625M in value of ordinary shares in Kingwest at a deemed issue price being the lower of $0.15 per share and the 30 day VWAP (subject to shareholder approval and Horizon not exceeding 19.9% ownership in Kingwest).
    HRZ Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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