Horizonte Minerals PLC Announces Result of GM & Equity Fundraise Update

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LONDON, UK / ACCESSWIRE / December 20, 2021 / Horizonte (AIM:HZM)(TSX:HZM), announces that all resolutions proposed at its General Meeting, held earlier today, were duly passed. A breakdown of the poll result for each resolution is set out below:

Resolution	Votes for	%	Votes Against	%	Votes Withheld
1. to allot and issue the Fundraising Shares and to issue the Convertible Loan Notes (including the Ordinary Shares which may be issued in the event of the conversion of the Convertible Loan Notes) in each case in connection with the Fundraising	332,390,635	91.69	30,119,834	8.31	5,693,440
2. to allot and issue the Fundraising Shares and to issue the Convertible Loan Notes (including the Ordinary Shares which may be issued in the event of the conversion of the Convertible Loan Notes) pursuant to the Fundraising, in each case for cash on a non-pre-emptive basis	361,424,492	99.71	1,060,445	0.29	5,718,972

Equity Fundraise Update

Following the General Meeting, and Open Offer announcement earlier today, a total of 2,102,209,850 new Ordinary Shares in the capital of the Company have been placed with, or subscribed for by, new and existing investors at the Issue Price. On settlement, the Equity Fundraise will raise gross proceeds of approximately £147 million (approximately US$197 million) for the Company before expenses consisting of: