Horizon Petroleum Successfully Exercises Warrants and Partners with Key Firms for Investor Relations

Horizon Petroleum Announces Exercise of Warrants and Strategic Partnerships

Horizon Petroleum Ltd., a Calgary-based oil and gas company, has made significant strides recently with the successful exercise of over 9 million warrants and new agreements for investor relations services. This move is expected to enhance the visibility and engagement of the company in the competitive energy market.

Successful Exercise of Warrants

On April 1, 2025, Horizon Petroleum reported the successful exercise of 9,160,000 warrants which were initially set to expire on March 1 and March 28, 2025. The exercise price was set at $0.075, which resulted in the company receiving a total of $687,000. This exercise not only boosts Horizon's financial position but also increases the number of common shares outstanding to 55,893,364. This increase in shares reinforces the company's capacity for growth and funding in its exploration and development projects in Europe.

Strategic Partnerships for Investor Relations

In a bid to enhance its market communication and investor awareness, Horizon Petroleum has entered into consulting agreements with two notable firms: Adelaide Capital Markets Inc. and Milestone Capital Partners - FZCO.

Partnership with Adelaide Capital Markets

Horizon has agreed to partner with Adelaide Capital for a four-month term that can be renewed on a month-by-month basis. Under this agreement, Adelaide will provide comprehensive marketing and communications services focused on the North American investment community. The firm will work closely with Horizon's management team on advertising, PR strategies, and investor outreach through its established network. Importantly, the agreement includes a monthly consulting fee of $10,000 along with 80,000 stock options at an exercise price of $0.16. The options will vest in tranches over the next two years, allowing for gradual equity participation, which is key for aligning incentives between the company and its investors.

Collaboration with Milestone Capital Partners

Similarly, Horizon has engaged Milestone Capital Partners for a 30-day term to facilitate communications in European markets. Milestone, known for its expertise in investor relations, will focus on enhancing the company's profile through targeted marketing and PR initiatives. The agreement specifies a consulting fee of €120,000 which is payable at the beginning of services. This partnership is aimed at leveraging Milestone's strong connections and understanding of the European investment landscape.

Horizon's Commitment to Growth

Horizon Petroleum has recently focused its efforts on the appraisal and development of conventional oil and natural gas resources in Europe. With a management team composed of seasoned professionals with extensive experience in the international oil and gas sector, Horizon aims to capitalize on emerging opportunities within the European energy market. These recent agreements with Adelaide and Milestone signify the company's commitment to enhancing its investor relations and building a robust foundation for future growth.

Conclusion

As Horizon Petroleum continues to navigate the dynamic landscape of the energy sector, the successful exercise of warrants and strategic partnerships with investor relations firms highlight its forward-thinking approach. These developments are expected to significantly bolster Horizon's market presence and investor engagement, setting the stage for future achievements in oil and gas exploration and production in Europe.