Horizonte Minerals Plc

09:33 AM EST - Horizonte Minerals Plc : Has satisfied all conditions precedent for the first utilisation under the senior secured project finance debt facilities of US$346.2 million, as previously announced in March 2022. Importantly, the Company is now in receipt of the first tranche of funds from the Senior Lenders. This important milestone unlocks the balance of the funding required to complete construction, commissioning and ramp-up at Horizonte's 100%-owned Araguaia Nickel Project in Brazil, where construction is underway and progress remains on schedule. Horizonte Minerals Plc shares T.HZM are trading unchanged at $2.21.

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