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Premier African Minerals Ltd

Premier African Min - Lifting of Suspension

RNS Number : 7792K
Premier African Minerals Limited
12 July 2017
 

Premier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining

For immediate release

12 July 2017

Premier African Minerals Limited

("Premier" or the "Company")

Lifting of Suspension

 

Premier African Minerals Limited, the AIM-traded, multi-commodity resource and development Company focused on Southern and Western Africa, is pleased to announce that it has posted its Annual Accounts for the year ended 31 December 2016 ("Accounts") to shareholders which are also available on its website www.premierafricanminerals.com. Following publication of the Accounts, trading in the Company's shares has re-commenced from 7:30am today.

 

Enquiries

Fuad Sillem

Premier African Minerals Limited

Tel: +44 (0)7734 922074

Michael Cornish / Roland Cornish

Beaumont Cornish Limited

(Nominated Adviser)

Tel: +44 (0) 207 628 3396

Jerry Keen/Edward Mansfield

Shore Capital Stockbrokers Limited

Tel: +44 (0) 207 408 4090

Jon Belliss

Beaufort Securities Limited

Tel: +44 (0) 20 7382 8300

Charles Goodwin/ Harriet Jackson

Yellow Jersey PR Limited

Tel: +44 (0) 7747 788221

 

Notes to Editors:

Premier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused in Southern and Western Africa with production started at its flagship RHA project in Zimbabwe.

The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, gold, lithium and tantalum in Zimbabwe and Benin, encompassing brownfield projects with near-term production potential to grass-roots exploration. The Company recently acquired a 52% controlling stake in Mozambique-based TCT Industrias Florestais Limitada, which owns a substantial limestone deposit and forestry business located on rail in the Sofala Province of Mozambique. In addition, the Company holds 2 million shares in Circum Minerals Limited ("Circum"), the owners of the Danakil Potash Project in Ethiopia, which has the potential to be a world class asset. At present those shares are valued at US$4 million based on the latest price at which Circum has accepted subscriptions. Premier also has a 4.5% interest in Casa Mining Limited, a privately-owned exploration company that has a 71.25% interest in the 1.2 million ounce inferred resource Akyanga gold deposit in the DRC.

ENDS


This information is provided by RNS
The company news service from the London Stock Exchange
 
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