BRIEF-Horizonte buys Glencore's Brazil nickel project for $8 mln

lunes 28 de septiembre de 2015 02:19 GYT

Sept 28 (Reuters) - Horizonte Minerals Plc :

* Acquisition of Glencore's nickel project, brazil

* Total acquisition cost $8 million

* Placing of new shares to raise 1.55 million pounds through existing Cornerstone shareholders

* Combination of GAP and Horizonte's Araguaia project will create one of largest saprolite nickel projects in world Source text for Eikon: Further company coverage: (Bengaluru Newsroom)