Horizonte Minerals PLC Quarterly Report (7225N)
11 May 2018 - 4:00PM
UK Regulatory
TIDMHZM
RNS Number : 7225N
Horizonte Minerals PLC
11 May 2018
NEWS RELEASE
11 May 2018
HORIZONTE MINERALS QUARTERLY FINANCIAL STATEMENTS FOR THE THREE
MONTHS ENDED 31 MARCH 2018
_____________________________________________________________________
11 May 2018 - Horizonte Minerals Plc, (AIM: HZM, TSX: HZM)
('Horizonte' or 'the Company'), the nickel development company
focused in Brazil, announces that it has today published its
unaudited financial results for the three month period to 31 March
2018 and the Management Discussion and Analysis for the same
period. Both of the above have been posted on the Company's website
www.horizonteminerals.com and are also available on SEDAR at
www.sedar.com.
* * ENDS * *
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)
Christopher Raggett/ James +44 (0) 20 7220
Thompson / Emily Morris 0500
Numis Securities Ltd (Joint
Broker)
+44 (0) 207 260
John Prior / Paul Gillam 1000
Shard Capital (Joint Broker)
+44 (0) 20 7186
Damon Heath / Erik Woolgar 9952
Tavistock (Financial PR)
Jos Simson / Gareth Tredway +44 (0) 20 7920
/ Barney Hayward 3150
About Horizonte Minerals:
Horizonte Minerals plc is an AIM and TSX-listed nickel
development focused in Brazil. The Company is developing the
Araguaia Project as the next major ferro-nickel mine in Brazil.
With the Vermelho nickel-cobalt project being advanced with the aim
of being able to supply nickel and cobalt to the EV battery market.
Both projects are 100% owned.
Horizonte shareholders include; Teck Resources Limited,
Canaccord Genuity Group, JP Morgan, Lombard Odier Asset Management
(Europe) Limited, City Financial, Richard Griffiths and
Glencore.
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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