Horizonte Minerals PLC PDMR dealing (2196R)
September 20 2017 - 1:01AM
UK Regulatory
TIDMHZM
RNS Number : 2196R
Horizonte Minerals PLC
20 September 2017
20 September 2017
Horizonte Minerals Plc
('Horizonte' or 'the Company')
PDMR DEALING
Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) announces that on
15 September 2017, William Fisher, Non-Executive Director of the
Company, purchased 200,000 ordinary shares of 1p each in the
capital of the Company ("Ordinary Shares") at a price of CAD$0.055
per Ordinary Share (the "Purchase"). Following the Purchase, Mr.
Fisher is now interested in 1,020,000 Ordinary Shares representing
0.09% of the total voting rights of the Company.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name William Fisher
2. Reason for the Notification
a) Position/status Non-Executive Director
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Horizonte Minerals plc
b) LEI 213800OEYYR39UNYQY91
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
a) Description of the Financial Ordinary share of 1p each
instrument, type of instrument
Identification code GB00B11DNM70
b) Nature of the transaction Share Purchase
c) Price(s) and volume(s) Price(s) Volume(s)
C$0.055 200,000
d) Aggregated information:
-- Aggregated volume 200,000 Ordinary Shares purchased
-- Price at CAD$0.055 per ordinary share
e) Date of the transaction 15 September 2017
f) Place of the transaction Toronto Stock Exchange
For further information visit www.horizonteminerals.com or
contact:
Horizonte Minerals plc
Jeremy Martin (CEO) / David +44 (0) 20 7763
Hall (Chairman) 7157
finnCap Ltd (NOMAD & Joint
Broker)
Emily Morris / Christopher
Raggett / James Thompson +44 (0) 20 7220
/ Anthony Adams 0500
Shard Capital (Joint Broker)
+44 (0) 20 7186
Damon Heath / Erik Woolgar 9952
Tavistock (Financial PR)
Jos Simson / Barney Hayward +44 (0) 207 920
/ Emily Fenton 3150
About Horizonte Minerals:
Horizonte Minerals plc is an AIM and TSX-listed nickel
development company focused in Brazil, which wholly owns the
advanced Araguaia nickel laterite project located to the south of
the Carajás mineral district of northern Brazil. The Company is
developing Araguaia as the next major nickel mine in Brazil, with
targeted production by 2020.
The Project has good infrastructure in place including rail,
road, water and power.
Horizonte has a strong shareholder structure including Teck
Resources Limited 17.9%, Lombard Odier Asset Management (Europe)
Limited 14.11%, Richard Griffiths 14.5%, JP Morgan 8.4%, Hargreave
Hale 6.4% and Glencore 6.4%.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION
Except for statements of historical fact relating to the
Company, certain information contained in this press release
constitutes "forward-looking information" under Canadian securities
legislation. Forward-looking information includes, but is not
limited to, statements with respect to the potential of the
Company's current or future property mineral projects; the success
of exploration and mining activities; cost and timing of future
exploration, production and development; the estimation of mineral
resources and reserves and the ability of the Company to achieve
its goals in respect of growing its mineral resources; and the
realization of mineral resource and reserve estimates. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "would",
"might" or "will be taken", "occur" or "be achieved".
Forward-looking information is based on the reasonable assumptions,
estimates, analysis and opinions of management made in light of its
experience and its perception of trends, current conditions and
expected developments, as well as other factors that management
believes to be relevant and reasonable in the circumstances at the
date that such statements are made, and are inherently subject to
known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including
but not limited to risks related to: exploration and mining risks,
competition from competitors with greater capital; the Company's
lack of experience with respect to development-stage mining
operations; fluctuations in metal prices; uninsured risks;
environmental and other regulatory requirements; exploration,
mining and other licences; the Company's future payment
obligations; potential disputes with respect to the Company's title
to, and the area of, its mining concessions; the Company's
dependence on its ability to obtain sufficient financing in the
future; the Company's dependence on its relationships with third
parties; the Company's joint ventures; the potential of currency
fluctuations and political or economic instability in countries in
which the Company operates; currency exchange fluctuations; the
Company's ability to manage its growth effectively; the trading
market for the ordinary shares of the Company; uncertainty with
respect to the Company's plans to continue to develop its
operations and new projects; the Company's dependence on key
personnel; possible conflicts of interest of directors and officers
of the Company, and various risks associated with the legal and
regulatory framework within which the Company operates.
Although management of the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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