HORIZON PETROLEUM REPORTS EXERCISE OF WARANTS AND CONTRACTS ADELAIDE CAPITAL MARKETS AND MILESTONE CAPITAL PARTNERS TO PROVIDE INVESTOR RELATIONS ACTIVITIES
Horizon Petroleum Ltd. (TSXV: HPL) (FRA: HPM) (Tradegate: HPM) ("Horizon" or the "Company") is pleased to announce that 9,160,000 warrants with an exercise price of $0.075 that were due to expire on March 1 and March 28, 2025 have all been exercised. The proceeds from the exercise received by the Company totaled $687,000. The Company now has 55,893,364 common shares outstanding.