Entitlement Issue Offer Closed and Shortfall Placed
Released
Released
Announcement PDF
2 April 2026
HORIZON GOLD LIMITED ACN: 614 175 923
Suite 8 / 47 Havelock Street, West Perth, WA 6005 | PO Box 39, West Perth, WA 6872
Telephone: +61 8 6331 6092 | Email: info@horizongold.com.au | Website: www.horizongold.com.au
1
ENTITLEMENT ISSUE OFFER CLOSED & SHORTFALL PLACED
Horizon Gold Limited (‘HRN’ or the ‘Company’) advises that the recent entitlement issue announced
on 4 March 2026 to raise approximately $10.2 million (before costs) on the basis of 1 new fully paid
ordinary share for every 20 shares held, at an issue price of $1.20 (Entitlement Offer) closed on
Thursday, 26 March 2026.
The Company is pleased to advise that it has received acceptances in respect of 7,246,810 shares
(New Shares) representing 85% take up of the Entitlement Offer. The total funds raised from these
acceptances was $8,696,172. The New Shares are expected to be issued today, being Thursday, 2
April 2026.
Subsequent to the Entitlement Offer closing, HRN received firm commitments for the entire shortfall,
representing 1,235,205 shares (Shortfall Shares) for $1,482,246. The Shortfall Shares are expected
to settle on Tuesday, 7 April 2026, with the Shortfall Shares to be issued on Wednesday, 8 April 2026.
The Directors wish to thank all shareholders for their ongoing support of the Company.
This announcement has been authorised by the Board of HRN.
For further information please contact:
Scott Williamson Trevor O’Connor
Managing Director Company Secretary
Perth, Western Australia Perth, Western Australia
+ 61 8 6331 6092 + 61 8 6331 6092
scott.williamson@horizongold.com.au toconnor@horizongold.com.au
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