TIDMEVA 
 
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY EVRIMA PLC TO 
CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION 
(EU) NO. 596/2014 AS AMENDED ("MAR") OR EQUIVALENT, TRANSITIONAL REGULATIONS IN 
THE UNITED KINGDOM. ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY 
INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN 
THE PUBLIC DOMAIN. 
 
                                  Evrima plc 
 
                                   AQSE: EVA 
 
                          ("Evrima" or the "Company") 
 
 Evrima plc Investee Update: Premium Nickel Resources Corporation Selected as 
                  Preferred Bidder in BCL Liquidation Process 
 
Particulars of the RIS Announcement 
 
        1.          Premium Nickel Resources Corporation ("PNR") 
        2.         PNR Selected as Preferred Bidder in BCL Liquidation Process 
        3.         Evrima plc's Investment Interest 
 
1.   Premium Nickel Resources Corporation (PNR) 
 
"PNR is dedicated to the exploration and development of high-quality 
nickel-copper-cobalt (Ni-Cu-Co) resources. We believe that the medium to 
long-term demand for these metals will grow through continued global 
urbanization and the increasing replacement of internal combustion engines with 
electric motors. Importantly, these metals are key to a low?carbon future. 
 
PNR maintains a skilled team with strong financial, technical and operational 
expertise to take an asset from discovery to exploration to mining. 
 
PNR has focused its efforts in discovering world class nickel sulphide assets 
in jurisdictions with rule-of-law that fit strict criteria that comply with 
PNR's values and principles which stand up against the highest acceptable 
industry standards. We are committed to Governance through transparent 
accountability and open communication within our team and our stakeholders" 
 
2.   PNR Selected as Preferred Bidder in BCL Liquidation Process 
 
as released by, Premium Nickel Resources Corporation - https:// 
www.premiumnickelresources.ca/pdf/2021-02-16-PNR-Press-Release.pdf 
 
"Toronto, Ontario, February 16, 2021 - Premium Nickel Resources ("PNR") is 
pleased to announce that it has been selected as the preferred bidder for the 
Botswana nickel-copper-cobalt ("Ni-Cu-Co") assets formerly operated by BCL 
Limited ("BCL"), and currently in liquidation. 
 
In June 2020, PNR submitted an indicative offer to the BCL Liquidator to 
acquire the former producing Selebi-Phikwe, Tati Phoenix and Selkirk Mines as 
well as regional exploration joint ventures on highly prospective Ni-Cu-Co 
projects located in Botswana. 
 
On February 10, 2021 the Honourable, Moagi Lefoko, the Minister of Mineral 
Resources, Green Technology and Energy Security of Botswana, affirmed in 
Parliament the press release by the Liquidator for the BCL Group of Companies, 
stating that PNR was selected as the preferred bidder to acquire the assets 
formerly owned by BCL. This announcement follows an independent technical 
evaluation on behalf of the Liquidator, and a review by the Government of 
Botswana, over the last seven months. 
 
PNR would like to thank the Minister of Mineral Resources, Green Technology & 
Energy Security, Botswana for publicly announcing that PNR was being awarded 
the Preferred Bidder status last week, as has been widely reported in the 
global media. PNR will now complete the documentation with the Liquidator to 
govern the six-month exclusivity period to complete due diligence on these 
assets. During the exclusivity period, PNR will negotiate definitive agreements 
to finalize terms on the prioritized assets to be purchased. 
 
PNR continues to monitor the global Covid-19 developments and is committed to 
working with health and safety as a priority and in full respect of all 
government and local Covid-19 protocol requirements. PNR has developed Covid-19 
travel, living and working protocols in anticipation of moving forward to on 
site due diligence and is integrating these protocols with those of The 
Government of Botswana and surrounding communities." 
 
ON BEHALF OF THE BOARD OF DIRECTORS 
 
Charles Riopel 
Chairman of the Board 
Premium Nickel Resources Corporation 
 
Premium Nickel Resources Corporation 
 
130 Spadina Avenue, Suite 401 Toronto, Ontario, Canada M5V 2L4 
 
info@premiumnickelresources.ca 
 
3.   Evrima plc: Investment Interest in PNR 
 
Evrima plc, has completed its investment commitment under the terms of the 
subscription agreement entered with Premium Nickel Resources Corporation. 
 
Since July 2020 Evrima has accumulated through private placement participation, 
1,000,000 shares of PNR representing, 1.37% of the latter's issued share 
capital. 
 
The Company, 
London,  18th February 2021 
 
The Directors of the Company, who have issued this RIS announcement after due 
and careful enquiry, accept responsibility for its content. 
 
REGULATORY ANNOUNCEMENT ENDS. 
Enquiries 
 
Company: 
 
Burns Singh Tennent-Bhohi (CEO & Director) 
 
burns@evrimaplc.com 
 
Simon Grant-Rennick (Executive Chairman) 
 
simon@evrimaplc.com 
 
Direct Office Line: +44 (0) 20 3778 0755 
 
Keith, Bayley, Rogers & Co. Limited (AQSE Corporate Adviser): 
 
Graham Atthill-Beck: +44 (0) 20 7464 4091; +44 (0) 7506 43 41 07; 
+971 (0) 50 856 9408; Graham.Atthill-Beck@kbrl.co.uk; 
blackpearladvisers@gmail.com 
 
Peterhouse Capital Limited (Corporate Stockbroker): 
 
Lucy Williams: +44 (0) 20 7469 0930 
Duncan Vasey: +44 (0) 20 7220 9797 (Direct) 
 
 
 
END

(END) Dow Jones Newswires

February 19, 2021 07:49 ET (12:49 GMT)

Evrima (AQSE:EVA)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Evrima Charts.
Evrima (AQSE:EVA)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Evrima Charts.