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Premier African Minerals Ltd (AIM:PREM) | RNS | Premier African Min - Placing and Funding of Zulu DFS Drill Programme


 
The Board of Premier African Minerals Limited ( Premier or the Company ) is pleased to announce a placing today to raise
£1,000,000 before expenses at an issue price of
0.16 pence per new ordinary share for the ongoing Definitive Feasibility Study ( DFS ) at the Company s Zulu Lithium project in
Zimbabwe ( Zulu ).
George Roach, CEO commented: The detailed planning, construction of the exploration camp, road repairs and location of equipment to site, and other work associated with the resource expansion and definition drilling for the DFS at Zulu is progressing and to date has been funded from Premier s retained cash resources. This placement is intended to ensure two definitive objectives. ....

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Premier African Minerals Ltd (AIM:PREM) | RNS | Premier African Min


UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018.
The person who arranged the release of this announcement on behalf of the Company was
George Roach. 
Notes to Editors:
Premier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused on
Southern Africa with its RHA Tungsten and Zulu Lithium projects in
Zimbabwe.
 
The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in
Zimbabwe and lithium and gold in
Mozambique, encompassing brownfield projects with near-term production potential to grass-roots exploration. The Company holds 5,010,333 shares in Circum Minerals Limited, the owners of the Danakil Potash Project in ....

United Kingdom , Matthew Bonner , Roland Cornish , George Roach , Edward Mansfield , Michael Cornish , Beaumont Cornish , African Minerals Limited Ticker , Circum Minerals Limited , Circum Minerals , Shore Capital Stockbrokers , European Union Withdrawal , Lmn Holdings , Circum Minerals Limited Shareholder , African Minerals Limited , African Minerals , Premier African Minerals Limited , Shareholder Letter , Market Abuse Regulations , Kingdom Domestic Law , European Union , Zulu Lithium , Danakil Potash Project , Otjozondu Manganese Mining Project , Nominated Adviser , ஒன்றுபட்டது கிஂக்டம் ,