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How Horizon Minerals’ $35M Lake Johnston Sale Fuels Black Swan Ambitions

10:11am on Friday 14th of November, 2025 AEDT Mining
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How Horizon Minerals’ $35M Lake Johnston Sale Fuels Black Swan Ambitions

10:11am on Friday 14th of November, 2025 AEDT
Key Points
  • Binding agreement to divest Lake Johnston Project for $35 million
  • Consideration includes $30 million cash and $5 million in Forrestania shares
  • Transaction contingent on Forrestania’s capital raising and regulatory approvals
  • Proceeds earmarked for Black Swan processing plant refurbishment and M&A
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