UK 06:10 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The three largest shareholders in Horizonte Minerals (HZM) have today announced a keep the lights on financing. They have provided a $15 million Senior Secured Loan Facility and the release of $5 million by OMF Fund III (Cr) Ltd. previously secured at Vermelho. The shares have zoomed ahead by 27% to 9.95p on the news as bulletin board morons have piled in. They will regret it.
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