BUZZ-Australia's Horizon Minerals soars after divestment of nickel project in Western Australia
Reuters
Nov 14
BUZZ-Australia's Horizon Minerals soars after divestment of nickel project in <a href="https://laohu8.com/S/WER.AU">Western Australia</a>
** Shares of Horizon Minerals HRZ.AX rise as much as 9.7% to A$0.068, their highest level since October 27
** Gold producer's unit Poseidon Nickel Pty, to divestits Lake Johnston Project to Forestania Resources FRS.AX for A$35 million
** The Lake Johnston projectis a lithium and nickel exploration project located in Western Australia
** Funds from sale to be used to advance co's Black Swan nickel project in Western Australia
** HRZ gains 65% YTD, including day's moves
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
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