
June 05, 2024
Horizon Minerals Limited (ASX: HRZ) (Horizon) and Greenstone Resources Limited (ASX: GSR) (Greenstone) refer to the proposed merger between Horizon and Greenstone to be conducted by way of schemes of arrangement under the Corporations Act 2001 (Cth), whereby Horizon will acquire 100% of the fully paid ordinary shares in Greenstone (Share Scheme) and 100% of the listed Greenstone options (Option Scheme, and together with the Share Scheme, the Schemes), as announced on 13 February 2024.
Horizon and Greenstone are pleased to confirm that an office copy of the orders of the Supreme Court of Western Australia approving the Schemes has been lodged with the Australian Securities and Investments Commission.
In accordance with section 411(10) of the Corporations Act, the Schemes are now legally effective. An office copy of the Court orders is annexed to this announcement.
Subsequent important events and dates
The above dates and times are indicative only. Any variation to the above dates and times will be announced to ASX.
Click here for the full ASX Release
This article includes content from Horizon Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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