Horizon Minerals Gains New Substantial Shareholder In Delphi AG

Horizon Minerals Ltd (ASX:HRZ) has a new substantial shareholder in prominent junior resources investor, German-based Delphi Unternehmensberatung AG, which has accumulated a 6.39% interest.

The status was achieved on May 14 with Heidelberg-based Delphi and its subsidiaries now holding almost 29 million shares.

Sparta AG holds 22.5 million on these shares after purchasing 10 million at 6 cents each on May 14 which followed the purchase of 12.5 million HRZ shares on March 23 at 8 cents each.

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