Horizonte Minerals Plc: Directors Dealings in Shares 2
November 16 2018 - 9:14AM
Horizonte Minerals Plc, (AIM: HZM, TSX: HZM)
(‘Horizonte’ or ‘the Company’), announces that on 15 November 2018,
Jeremy Martin, Chief Executive Officer of the Company, purchased
475,000 ordinary shares of 1p each in the capital of the Company
("Ordinary Shares") at an average price of 2.10p per Ordinary Share
(the "Purchase"), as well as 245,000 Ordinary Shares at a price of
CAD$0.05 per Ordinary Share. Following the Purchases, Mr. Martin is
now interested in 1,803,908 Ordinary Shares representing 0.13% of
the total voting rights of the Company.
1 |
Details of the person
discharging managerial responsibilities / person closely
associated |
a) |
Name |
Jeremy Martin |
|
|
|
|
|
2 |
Reason for the
notification |
|
|
a) |
Position/status |
Chief Executive
Officer |
|
|
|
|
|
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 |
a) |
Description of the
financial instrument, type of instrument |
Ordinary Shares of 2.10p
each in Horizonte Minerals plcOrdinary Shares of CAD$0.05 each in
Horizonte Minerals plc |
|
|
|
|
|
|
Identification code |
ISIN: GB00B11DNM70 |
|
|
|
|
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b) |
Nature of the
transaction |
Share Purchase |
|
|
|
|
|
|
Price(s) and
volume(s) |
|
|
|
|
Price(s) |
Volume(s) |
|
|
2.10p |
475,000 |
|
|
CAD$0.05 |
245,000 |
|
|
40 |
|
d) |
Aggregated
information |
|
|
|
|
|
|
|
Aggregate volume |
475,000 Ordinary Shares
purchased at |
|
|
|
245,000 Ordinary Shares
purchased at |
|
|
Price |
|
|
|
|
2.10p per Ordinary
Share |
|
|
|
CAD$0.05 per Ordinary
Share |
|
|
|
|
|
e) |
Date of the
transactions |
15 November 2018 |
|
|
|
14 November 2018 |
|
|
|
|
|
f) |
Place of the
transactions |
London Stock Exchange |
|
|
|
Toronto Stock
Exchange |
|
For further information visit www.horizonteminerals.com or
contact:
Horizonte Minerals plc |
|
Jeremy
Martin (CEO) |
+44 (0) 20
7763 7157 |
|
|
Numis Securities Ltd (NOMAD & Joint
Broker) |
|
John
PriorPaul Gillam |
+44 (0) 20
7260 1000 |
|
|
Shard Capital (Joint Broker) |
|
Damon
HeathErik Woolgar |
+44 (0) 20
7186 9952 |
|
|
Tavistock (Financial PR) |
|
Gareth
TredwayEmily Fenton |
+44 (0) 20
7920 3150 |
About Horizonte Minerals:
Horizonte Minerals plc is an AIM and TSX-listed
nickel development company focused in Brazil. The Company is
developing the Araguaia project, as the next major ferronickel mine
in Brazil, and the Vermelho nickel-cobalt project, with the aim of
being able to supply nickel and cobalt to the EV battery
market. Both projects are 100% owned.
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, the ability of the Company to
complete the Acquisition as described herein, 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; the ability of the Company to
complete the Placing as described herein, 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: the inability of the Company to
complete the Acquisition as described herein, 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, the inability of the Company
to complete the Placing on the terms as described herein, 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.
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