Mr. Jeremy Martin reports

HORIZONTE MINERALS PLC ANNOUNCES APPOINTMENT OF JOINT CORPORATE BROKER

Horizonte Minerals PLC has appointed Barclays Bank PLC as its joint corporate broker alongside Peel Hunt LLP and BMO Capital Markets Ltd., with immediate effect.

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 Q1 2024. When fully ramped up, with Line 1 and Line 2, it 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 EV (electric vehicle) battery market. Horizonte's combined near-term 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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