Premier African Minerals Limited

PREM

VGG7223M1005

Diversified Mining

Market Closed - London S.E. Other stock markets 11:35:16 2024-04-29 am EDT			5-day change	1st Jan Change
0.1925 ^GBX	+1.32%		-1.28%	-12.50%

Apr. 12	Premier African Minerals announces third share subscription of 2024	AN
Apr. 12	Premier African Minerals Raises Further GBP1 Million for Zimbabwe Lithium-tantalum Project	MT

Premier African Minerals announces third share subscription of 2024

April 12, 2024 at 05:48 am EDT

(Alliance News) - Premier African Minerals Ltd on Friday said it has accepted the subscription of further shares following strong institutional interest.

The African-focused metals and mineral project developer will issue 588.2 million shares at a price of 0.17 pence each to raise approximately GBP1 million.

This latest round of funding follows two previous efforts earlier in April and in February, which raised a total of GBP4.5 million.

Most of the additional funding is expected to go towards the company's Zulu lithium and tantalum project in Zimbabwe.

An application will be made for the shares to be admitted to trading on AIM with admission expected to occur around April 19.

Premier African shares were down 3.6% to 0.19 pence each in London on Friday morning.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Premier African Minerals Limited

Premier African Minerals announces third share subscription of 2024	Apr. 12	AN
Premier African Minerals Raises Further GBP1 Million for Zimbabwe Lithium-tantalum Project	Apr. 12	MT
Premier African Minerals Raises GBP2 Million for Zulu Lithium, Tantalum Project in Zimbabwe	Apr. 11	MT
Premier African raises GBP2 million for Zulu lithium asset	Apr. 11	AN
Premier African Minerals Nears Commissioning of Zulu Plant in Zimbabwe	Apr. 10	MT
Fulcrum acquires Ontario gold tailings project	Apr. 10	AN
Premier African Minerals Limited Provides an Update on Progress At Operations At Zulu Lithium and Tantalum	Apr. 10	CI
Transcript : Premier African Minerals Limited - Shareholder/Analyst Call	Apr. 08
Transcript : Premier African Minerals Limited - Shareholder/Analyst Call	Mar. 30
Redrock acquires remainder of Australian subsidiary	Mar. 13	AN
Premier African Minerals Limited Provides an Update on Operations At Zulu Lithium and Tantalum	Mar. 13	CI
United Oil adds Jamaica expert; Vaalco makes buy	Feb. 29	AN
Premier African Minerals Limited Provides Zulu Lithium Plant Update	Feb. 29	CI
Begbies trading in line; Probiotix inks partnership	Feb. 26	AN
Premier African Minerals Says Zulu Plant Operations Set to Stabilize	Feb. 26	MT
Premier African Minerals Limited Provides Zulu Lithium Plant Update	Feb. 26	CI
EARNINGS AND TRADING: Sure Ventures value down after VividQ fundraise	Feb. 21	AN
Premier African Minerals announces discounted Zulu fundraise	Feb. 15	AN
Premier African Minerals to Raise GBP2.5 Million to Fund Zulu Project in Africa	Feb. 15	MT
Premier African notes new mineral resource estimate for Zulu	Feb. 09	AN
Premier African Minerals Says New Resource Estimate for Zimbabwe Project Backs 'Expedited' Development	Feb. 09	MT
Premier African Minerals Limited Reports New Mineral Resource Estimate on Zulu Lithium and Tantalum Project	Feb. 09	CI
EARNINGS AND TRADING: Nanoco receives proceeds from Samsung litigation	Jan. 24	AN
Premier African Minerals Limited Provides Update on Further Assay Results and Current Progress on Zulu Lithium and Tantalum	Jan. 24	CI
Premier African says production to begin next month at Zulu	Jan. 18	AN

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Premier African Minerals Limited is a multi-commodity mining and natural resource development company. The Company focuses to acquire and develop mineral properties. The Companyâs segments include RHA and RHA Mauritius segment, and Zulu and Zulu Mauritius segment. The RHA and RHA Mauritius segment is engaged in the development and mining of wolframite. The Zulu and Zulu Mauritius segment is engaged in the development of lithium and tantalite. The Company has projects in Zimbabwe, Togo, Benin and Mozambique. Its projects include RHA Tungsten Mine, Katete REE Project, Zulu Project, Tinde Project, Lubimbi Project, Pagala Project, Haito Project, Kara-Niamtougou Project, Dapaong Project and Catapu Limestone Project. The Company holds interest in Circum Minerals Limited, the owner of the Danakil Potash Project in Ethiopia. The Company also holds interest in MN Holdings Limited, the operator of the Otjozondu Manganese Mining Project in Namibia.

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Diversified Mining

Calendar

2024-06-26 - Q4 2023 Earnings Release (Projected)

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Sector Integrated Mining

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