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Poseidon-Horizon Merger Schemes Now Effective, Trading Suspended

9:09am on Monday 2nd of June, 2025 AEST Mining
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Poseidon-Horizon Merger Schemes Now Effective, Trading Suspended

9:09am on Monday 2nd of June, 2025 AEST
Key Points
  • Schemes of arrangement between Poseidon Nickel and Horizon Minerals legally effective
  • Trading of Poseidon shares and options suspended from February 10, 2025
  • Poseidon shareholders to receive 0.1156 Horizon shares per Poseidon share held
  • Scheme consideration distribution scheduled for February 19, 2025
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