Horizon Copper Strengthens Financing Capacity with $30 Million Revolving Credit Facility Plus $20 Million Accordion Feature | HNCUF Stock News
Summary
Horizon intends to use the Revolving Loan for future asset acquisitions, its funding requirements related to the development of the Hod Maden project, and general corporate purposes. "This credit facility, coupled with our existing cash reserves, improves Horizons financing flexibility as we look to grow the Company and continue to invest in the development work at Hod Maden. Horizon plans to actively grow its portfolio of assets with a focus on copper projects.This press release contains forward-looking information within the meaning of Canadian securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "postulate" and similar expressions, or are those, which, by their nature, refer to future events. Further information concerning risks, assumptions and uncertainties associated with these forward-looking statements and our business can be found in Horizons Annual Information Form for the year ended December 31, 2023, filed under the Companys profile on SEDAR+ (www.sedarplus.ca), as well as subsequent filings that can also be found under the Companys profile.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.