LAS VEGAS, NEVADA–(Marketwired – Nov 7, 2014) – Horizon Minerals Corp. (OTCQB:HZNM) Horizon Minerals Corp. (the “Company” or “Horizon”) is pleased to announce that the Company will complete a Private Placement of 500,000 units for gross proceeds of up to USD $250,000.00 ($0.50 per unit). Each unit will consist of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the Company at a price of $0.75 per share for a period of one year.
The Proceeds will be used for working capital purposes and ongoing due diligence activities on potential business opportunities.
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Horizon cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Horizon’s control. Such factors include, among other things: risks and uncertainties relating to Horizon’s business plan, Horizon’s ability to raise sufficient financing and Horizon’s limited operating history. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Horizon undertakes no obligation to publicly update or revise forward-looking information. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Horizon Corp. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.