Horizon Minerals (ASX:HRZ) and Poseidon Nickel (ASX:POS) secured approval from the Supreme Court of Western Australia to conduct a shareholder meeting to vote on the companies' proposed merger, according to a Monday filing with the Australian bourse.
The meeting is set for Jan. 31, 2025, per the filing.
Horizon Minerals' shares fell almost 3% in recent Tuesday trade.
Price (AUD): $0.04, Change: $-0.0010, Percent Change: -2.56%