Horizon Minerals Notice Of Share Consolidation

Horizon Minerals (ASX: HRZ)

Advised that it intends to undertake a consolidation of capital of the Company on a 15-for-1 basis, subject to the receipt of shareholder approval at its Annual General Meeting to be held on Friday, 28 November 2025.

 

 

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Horizon Minerals

Horizon Baroora project Mining-Operations – Credits Horizon Minerals

 

 

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Horizon Minerals ASX: HRZ
Stage Development, Production
Metals Gold, Nickel, Cobalt
Market cap A$155 million @ A$0.52
Location Kalgoorlie, Western Australia
Website www.horizonminerals.com.au/
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HORIZON MINERALS NOTICE OF SHARE CONSOLIDATION
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Horizon Minerals Limited (ASX: HRZ) (“Horizon” or “the Company”) advises that it intends to undertake a consolidation of capital of the Company on a 15-for-1 basis (“Consolidation”), subject to the receipt of shareholder approval at its Annual General Meeting to be held on Friday, 28 November 2025.

If approved, the Consolidation will have the effect of decreasing the HRZ Shares on issue to a count below one billion, which is a more appropriate and effective capital structure for the Company as well as providing a Share price more appealing for a wider range of investors.
As the Consolidation applies equally to all shareholders, the Consolidation will have no material effect on the percentage interest of each individual shareholder.

In accordance with Listing Rule 7.21 and 7.22 all Options and Performance Rights currently on issue by the Company will be consolidated in the same ratio as Shares, and the exercise price of the Options will be amended as directed by the ASX Listing Rules.

Where a fractional entitlement arises to a security, the Company will round the fraction up to the nearest whole number.

The timetable for the Consolidation in accordance with paragraph 7 of Appendix 7A of the Listing Rules is set out below.


Event
Date

Consolidation announced to ASX (by Appendix 3A.3) 27 October 2025
Send Notice of Meeting to Shareholders
27 October 2025
General Meeting held and approval of Consolidation announced to ASX
28 November 2025
Effective date of Consolidation
5 December 2025
Last day for trading on pre-Consolidation basis
8 December 2025
First day for trading on post-Consolidation and deferred settlement basis
9 December 2025


Record Date for Consolidation

Last day to register transfers on pre-Consolidation basis 10 December 2025
First day to update register and send post-Consolidation holding statements
11 December 2025
Last day to update register, send post-Consolidation holding statements,
announce to ASX that this has occurred and trading on deferred settlement
basis ends (if before noon Sydney time)
17 December 2025

First day for normal trading on post-Consolidation basis
18 December 2025

Note: The timetable is subject to change in accordance with the Listing Rules and applicable laws.
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To read the full news release please click HERE

 

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Horizon Minerals.

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To read our full terms and conditions, please click HERE




Bardoc Gold Share Consolidation

Bardoc Gold (ASX: BDC)

Bardoc Gold have consolidated their shares in issue by a factor of 6 to 1.

As a result the shares in issue have reduced from 1,735,257,376 post consolidation to
289,209,563, representing a 6 to 1 consolidation.   […] 

 

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Bardoc Gold ASX : BDC
Stage Exploration
Metals Gold
Market cap A$111 m   @ 6.4 c
Location Kalgoorlie, Western Australia

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Bardoc Gold logo

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Bardoc Gold Consolidate Their Shares in Issue 6 to 1

 

Bardoc Gold (ASX: BDC) have consolidated their shares in issue by a factor of 6 to 1.

As a result the shares in issue have reduced from 1,735,257,376 post consolidation to
289,209,563, representing a 6 to 1 consolidation.

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Bardoc Gold highlights

Bardoc Gold are a gold mine exploration and development company operating north of Kalgoorlie in Western Australia.

The 100%-owned Bardoc Gold Project is located just north of Kalgoorlie in the Eastern Goldfields of Western Australia.

Bardoc Gold has consolidated a 250km2 ground position 40km north of Kalgoorlie, one of the world’s premier mining locations, with a high-quality Mineral Resource of 3.07M oz and 1M oz Ore Reserve forming the foundation for a long-life Australian gold business.

A high-quality Definitive Feasibility Study was completed in March 2021 – which forecasts average production of 136k oz pa at an AISC of A$1,188/oz, underpinning strong margins and financial returns.

This was followed by a Cash-Flow Optimisation Study in September 2021 which delivered an optimized mine schedule and project configuration for the Bardoc Gold Project.

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To read the full news release, please click HERE

 

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.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

 

.

Disclosure

At the time of writing the poster holds shares in Bardoc Gold, bought in the market at the price prevailing on the days of purchase.

 

To read our full terms and conditions, please click HERE