Horizon Minerals completes capital consolidation, revises share structure

Horizon Minerals Limited (Horizon) announced the completion of its 15-to-1 capital consolidation, as approved by shareholders on November 28, 2025. This action results in a new capital structure, with 205,455,193 fully paid ordinary shares now quoted. Fractional share holdings were rounded up to the nearest whole number during the process.

The company's unquoted securities now include 1,804,622 Performance Rights, 1,182,501 Unlisted Options expiring on September 3, 2026, exercisable at $0.7785, and 400,002 Unlisted Options expiring on September 30, 2028, exercisable at $1.80.

Holding statements detailing these revised holdings have been dispatched to all relevant holders. Normal settlement trading of the post-consolidated securities is set to commence on Thursday, December 18, 2025.