Kingwest Resources Ltd.

• Horizon Minerals Limited: Divestment of Kingwest Shares For $1.3M Cash

  Horizon Minerals Ltd. advises it has divested its remaining interest in Kingwest Resources Ltd. through a managed off-market sale process and received cash proceeds totaling $1.3 million. The Company has sold 37,088,333 KWR shares it held as part of the divestment of the Menzies gold project in 2019 at a price of 3.5c per share. Proceeds from the sale, together with existing cash, will be applied towards the CY2023 [...]

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  19.01.2023

  von ABN Newswire
• Horizon Minerals Limited: Receives Final Payment For Menzies

  Horizon Minerals Ltd. is pleased to advise the receipt of the final cash and share payment for the divestment of the Menzies and Goongarrie gold projects. As announced to the ASX on 9 July 2019 and 18 September 2019, the Company agreed to divest its 100% interest in the projects to Kingwest Resources Ltd. for a total consideration of $8 million on the following terms: - An initial deposit of $750,000 cash - On [...]

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  25.03.2021

  von ABN Newswire

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