Mr. Jeremy Martin reports

HORIZONTE MINERALS PLC ANNOUNCES RESULT OF AGM

At Horizonte Minerals PLC's annual general meeting held today at Rex House, 4-12 Regent St., London, SW1Y 4RG, all resolutions were voted on by way of a poll and were duly passed.

About Horizonte Minerals PLC

Horizonte Minerals is developing two 100-per-cent-owned, Tier 1 projects in Para state, Brazil: the Araguaia nickel project and the Vermelho nickel-cobalt project. Both projects are large scale, high grade, low cost, low carbon and scalable. Araguaia is under construction with first metal scheduled for early 2024, when fully ramped up with Line 1 and Line 2, and is forecast to produce 29,000 tonnes of nickel per year. Vermelho is at feasibility study stage and is expected to produce 24,000 tonnes of nickel and 1,250 tonnes of cobalt to supply the electric vehicle battery market. Horizonte's combined production profile of over 60,000 tonnes of nickel per year positions the company as a globally significant nickel producer. Horizonte's top three shareholders are La Mancha Investments sarl, Glencore PLC and Orion Resource Partners LLP.

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