WA-focused explorer Horizon Minerals has executed a binding term sheet with US-based resources financer, Nebari Partners LLC, for a US$5 million senior secured credit facility to develop the company’s Cannon gold project in WA. The funding agreement comes hot on the heels of Horizon’s A$300,000 sale of its Kangaroo Hill and Phoenix gold projects to Greenstone Resources earlier this month as it looks to lean down and focus on the more-advanced assets in its portfolio.
19/10/2022 - 14:00
Horizon Minerals locks in funding for WA gold mine
By Matt Birney
19/10/2022 - 14:00
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Rank Company Revenue 81st Horizon Minerals $9.4m 103rd Legacy Iron Ore $3.5m 104th Jupiter Mines $3.5m 106th Medallion Metals $3.1m 107th Bulletin Resources $3.1m 604 listed resources wa companies ranked by revenue.
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