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March 30 (Reuters) - Horizon Gold Ltd (HRN) : AGREED TO SELL...

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    30/03/20
    17:45
    Post #: 43780843

    March 30 (Reuters) - Horizon Gold Ltd (HRN) :

    • AGREED TO SELL REMINING SHAREHOLDING IN HORIZON GOLD
    • RECEIVED COMMITMENTS TO BUY REMAINING 18.8 MILLION SHARES IN HORIZON FROM SOPHISTICATED & PROFESSIONAL INVESTORS AT $0.20 PER SHARE
    • MANAGEMENT AGREEMENT BETWEEN PANORAMIC AND HORIZON WILL REMAIN IN PLACE IN NEAR TERM
    • VICTOR RAJASOORIAR, EXECUTIVE CHAIRMAN OF HORIZON STEP DOWN FROM BOARD OF HORIZON ONCE NEW NON-EXECUTIVE DIRECTOR IS APPOINTED
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