Horizonte Minerals PLC will list an additional 50 million shares on the Toronto Stock Exchange at the open on Thursday, July 31, 2014, according to the TSX. As in a July 24, 2014, short form prospectus, Horizonte plans to sell a maximum of 50 million shares to the public at 11 cents each, raising $5.5-million. It has granted the agent an overallotment option to buy up to 7.5 million more shares at the same price for 30 days from the closing of the offering.

Horizonte plans to use the money raised to develop its Araguaia nickel project, and for working capital and general corporate purposes.