Premier African Min - Placing - Correction
The following announcement replaces the announcement released on
The reference to the admission date of the Placing Shares has been changed from "
The full amended text is shown below.
For immediate release
Issue of Equity
At the same time, we are pleased with reports of ongoing increases in production tonnage at Otjozondu Mining in
Premier has today issued by way of a placing ("Placing"), conditional on admission, 1,250,000,000 new ordinary shares of nil par value ("Placing Share") at a Placing price of
Total Voting Rights
Following the issue of the Placing Shares, the Company's issued share capital will consist of 11,003,778,500 Ordinary Shares, with voting rights. This figure may then be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged the release of this announcement on behalf of the Company was
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Tel: +44 (0)7734 922074
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Tel: +44 (0) 20 7628 3396
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Tel: +44 (0) 20 7408 4090
Notes to Editors:
The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in
Forward Looking Statements:
Certain statements in this announcement are or may be deemed to be forward looking statements. Forward looking statements are identiﬁed by their use of terms and phrases such as ''believe'' ''could'' "should" ''envisage'' ''estimate'' ''intend'' ''may'' ''plan'' ''will'' or the negative of those variations or comparable expressions including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth results of operations performance future capital and other expenditures (including the amount. nature and sources of funding thereof) competitive advantages business prospects and opportunities. Such forward looking statements reﬂect the Directors' current beliefs and assumptions and are based on information currently available to the Directors. Many factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions competition environmental and other regulatory changes actions by governmental authorities the availability of capital markets reliance on key personnel uninsured and underinsured losses and other factors many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions. The Company cannot assure investors that actual results will be consistent with such forward looking statements.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
This information is provided by RNS, the news service of the
Quick facts: Premier African Minerals Ltd
Market Cap: £12.87 m
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