Horizon Minerals Shares Divested for $2.7m

Yandal Resources Ltd (ASX: YRL) recently divested its Horizon Minerals Limited shares, generating $2.74m as part of the Gordons Gold Project tenement sale agreement, totaling funds of $3.9m. With net cash inflows of $18.9m in the December 2025 quarter, alongside a capital raising and options exercise, the company reports approximately $2.3m in cash as of September 30. These reserves will enhance exploration programs across key assets. The sale marks progress following the completion of the TSA executed in August 2025. Notable consideration included a cash deposit, payment, and Horizon shares issued to Yandal, inflow contributing to operational acceleration. For more details, visit our Investor Hub at the provided link. Investors are welcome to inquire for further clarification. The Company's dynamic gold projects in Western Australia's Yandal and Norseman-Wiluna Greenstone Belts showcase significant exploration potential, with key holdings like the Ironstone Well and Mt McClure projects displaying promising mineral resource estimates. We remain committed to transparent communications and shareholder value.