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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (124597)	5/19/2022 4:13:32 AM
From: Goose94	Read Replies (1) of 202297

Horizonte Minerals Plc (HZM-T) May 16, '22 Strong balance sheet with cash and cash equivalents of $252-million (U.S.) at (as of March 31st 2022) money.tmx.com Highlights for the period: Closing of US$633 million funding package for construction of Araguaia nickel project Awarded a number of key construction contracts including furnace, EPCM, and earthworks Further additions to the project execution team Approved start of construction in late January 2022 with earthworks contractor mobilised to site in May to maximise productivity during the dry season Project development work is running in line with the project execution schedule with a significant ramp-up in activity expected over the coming months as we move into the dry season Company to adopt reporting currency to USD (previously GBP) ahead of first revenue in 2024 Strong balance sheet with cash and cash equivalents US$252m at 31 March 2022

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