Premier African Minerals Ltd (LON:PREM)

Premier African Minerals Ltd (LON:PREM)

Share Price
0.07 p
0.005 (7.69 %)
Market Cap
£5.59 m
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Premier African Minerals Ltd

Premier African Minerals Limited was established to acquire and develop mineral properties across Africa, especially in West and Southern Africa. And, to deliver regional economic development through our investments to unlock multi-transaction earning potential for our shareholders and stakeholders.

Market: AIM:PREM
52-week High/Low: 0.27p / 0.06p
Sector: General Mining
Market Cap: £5.59 m
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Big Picture – A Deep Dive Examination of Premier African Minerals Ltd

Premier African Minerals Ltd Snapshot

Premier is led by an experienced management team with a successful track record in the African mining sector.

The Company works across a wide range of commodities, including tungsten, lithium and tantalum, and rare earth elements.

The Company maintains strong relationships with governments and regional stakeholders, and is committed to the indigenisation process in Zimbabwe and to partnerships with empowerment enterprises.

The Company has offices in Lomé, Bamako and support services in Johannesburg.

Premier African Minerals has a significant portfolio of mining and exploration projects across Africa.

Premier is building a mining operation at RHA tungsten and conduction exploration programmes on its Zulu Lithium and Tantalum project.





Premier is led by a highly experienced team of mining professionals with significant expertise in the international mining and resource development sector with strong Africa-wide knowledge and a reputation as responsible operators.

George Roach
Chief Executive Officer & Executive Chairman

George Roach has extensive experience in natural resources sector in Africa. He has successfully obtained licenses and concluded mineral exploration and exploitation agreements in the entire SADC region, Ethiopia and most of the CEMAC and ECOWAS regions. Under the auspices of Exploration Services, he provided consultancy to prospective exploration companies and has acted in significant capacities for a number of start-ups that have subsequently listed on AIM and TSX-V. Prior to founding Premier, Mr Roach was Managing Director Africa, for UraMin Inc. Mr Roach maintains a number of other interests  in start-ups which include Anglo African Agriculture that recently acquired the Southern Africa based business of Dynamic Intertrade, as well as Agriminco Inc. A TSX-V listed Agricultural developer in Africa.

Wolfgang Hampel
Non-Executive Director

Mr Hampel is a seasoned geologist with 27 years of experience in lithium, rare earth elements and as well precious and base metals. Before joining Premier, between 2008 and 2012 Mr Hampel was Chief Operating Officer and consulting geologist for Tantalus Rare Earths AG which discovered a rare earth ionic clay deposit on the Ampasindava Peninsula in Northern Madagascar. Between 2006 and 2008, Mr Hampel was Head of the Department for Mining Infrastructure and Mineral Exploration for Fugro Consult GmbH, a leading geological and earth sciences consultancy and previously, Mr Hampel worked for the Federal Institute for Geosciences and Natural Resources, the central geoscientific authority providing advice to the German Federal Government on geoscience related matters. In the 1990s, Mr Hampel was involved in the discovery and development of several gold deposits and major gold anomalies in West Africa. Mr Hampel has a degree in Geology, Economic Geology and Petrology from the Technical University of Munich, Germany and is a member of the European Federation of Geologists (n° 1261) and the German Professional Association of Geoscientists. He is a Qualified Person for the purposes of the AIM Rules and NI43-101, JORC, the Pan-European Reserves and Resources Reporting Committee (PERC) and the South African Institute of Mining and Metallurgy (SAIMM).

Michael Foster
Non-Executive Chairman & Non-Executive Director

Mr Foster is a graduate geologist from St Andrews University in Scotland with a MBA in Business Administration from London Business School. He has over 30 years’ experience of all aspects of the mining industry, including exploration, mine development, operations and finance in a variety of commodities. He was a founding shareholder and Director of the AIM traded ZincOx Resources plc until 2008. More recently he served as Non-Executive Chairman of Copperbelt Minerals Limited, a company that discovered a new copper-cobalt deposit in the Democratic Republic of Congo. Mr Foster is currently a Director of CASA Mining Limited, a private company with interest in exploration licences in the DR Congo. He is also a director of Solantera Resources Limited which is involved in copper projects in Angola.

Godfrey Manhambara
Non-Executive Director

Mr Manhambara is Zimbabwean national and has extensive experience in business as well as a number of business interest in Southern Africa. Mr Manhambara was formerly Chief Executive of Affretair, an international cargo commercial airline that operated out of Harare. In 1999, Mr Manhambara was appointed as Chief Executive Officer of the Civil Aviation Authority in Zimbabwe a position he held until 2001. Subsequent to this role, Mr Manhambara became the Chief Executive of Beta Holdings ,which is now the largest infrastructure inputs supply manufacturer in Zimbabwe. He also sits as non-executive director on several private and listed companies in Zimbabwe and Mozambique.

Premier’s shares are publicly traded on Alternative Investments Market (AIM) with the stock ticker of PREM.

Securities in Issue 

The Company’s issued share capital consists 8,038,506,729 Ordinary Shares of no par value (last updated 10 March 2019).

Major Shareholders

As of the 27 September 2018 the Company is aware of the following persons who hold, directly or indirectly, voting rights representing

3% or more of the issued share capital of the Company to which voting rights are attached:

Name Number of Ordinary Shares % Issued Share Capital
George Roach* 476,751,154 6.0%

Notes: * George Roach and/or structures associated with George Roach.
There are no restrictions on the transfer of the Company’s AIM securities.

Click here to view share price table.

South Africa Operational Support Office
The Croft
87, Main Road
Blue Hills (R55)
ZA 1685, Gauteng, South Africa

Tel: 27 (0) 100 201 281

Registered Office
Craigmuir Chambers
P.O. Box 71
Road Town
Tortola VG 1110
British Virgin Islands

Zimbabwe Office
19 John Plagis
Alex Park

Togo Office
213, rue de Agbanlepedogan
Tel: +228 22 25 04 86

For further information please email: [email protected]

Registered Office
Craigmuir Chambers
PO Box 71
Road Town
Tortola VG 1110
British Virgin Islands

Nominated Adviser
Beaumont Cornish Limited
2nd Floor, Bowman House
29 Wilson Street
London EC2M 2SJ
United Kingdom

Shore Capital Stockbrokers Limited
Bond Street House
14 Clifford Street
London W1S 4JU
United Kingdom

85 Empire Road
Park Town
South Africa

Solicitors to the Company
Winckworth Sherwood LLP
Minerva House
5 Montague Close
London, SE1 9BB
United Kingdom

Legal counsel to the Company in Zimbabwe
Scanlen & Holderness Legal Practitioners
CABS Centre
74 Jason Moyo Ave
P.O. Box 188 & 631

Legal counsel to the Company in the BVI
Craigmuir Chambers
PO Box 71
Road Town
Tortola VG 1110
British Virgin Islands

Legal counsel to the Company in Togo
Martial Akakpo et Associes
27, rue Marechal Bugeaud
BP 62210, Lome

Legal counsel to the Company in Mali
Cabinet FSD Conseils
ACI 2000
Bamako Mali

Legal counsel to the Company in Benin
Martial Akakpo et Associes
O2 BP: 698
LOT 1800

Legal counsel to the Company in Mauritius
Suite 330
3rd Floor Barkly Wharf
Le Caudan Waterfront
Port Louis

Principal Bankers
Barclays Bank Plc
1 Churchill Place
London E14 5HP
United Kingdom

Computershare Investor Services (BVI) Limited
Woodbourne Hall
PO Box 3162
Road Town
British Virgin Islands

Computershare Investor Services PLC
The Pavilions
Bridgwater Road
Bristol BS99 6ZZ
United Kingdom

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