Premier African Minerals Limited Total Voting Rights (2413W)
August 14 2020 - 12:00PM
UK Regulatory
TIDMPREM
RNS Number : 2413W
Premier African Minerals Limited
14 August 2020
Premier African Minerals Limited / Ticker: PREM / Index: AIM /
Sector: Mining
For immediate release
14 August 2020
Premier African Minerals Limited
Admission and Total Voting Rights
The Board of Premier African Minerals Limited ("Premier" or the
"Company") announces that admission to trading on AIM in respect of
the issue of 232,647,763 new ordinary shares, as previously
announced on 30 July 2020, is expected to take place on 18 August
2020.
This will be in addition to the admission to trading on AIM on
the same date in respect of 64,470,222 new ordinary shares (issued
in respect of the conversion of an investment agreement as
announced on 11 August 2020) and 374,920,533 new Ordinary Shares
(issued in settlement of accrued but unpaid contractual amounts
due, also announced on 11 August 2020) .
In aggregate therefore, a total of 672,038,518 new ordinary
shares will be admitted to trading on AIM on 18 August 2020.
Total Voting Rights
Following the admission of the new ordinary shares, the
Company's issued share capital consists of 13,233,595,634 Ordinary
Shares, with voting rights. This figure may 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 Financial Conduct Authority's Disclosure and Transparency
Rules.
Enquiries:
George Roach Premier African Minerals Limited Tel: +27 (0) 100 201 281
Michael Cornish / Roland Cornish Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396
(Nominated Adviser)
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Jerry Keen/Edward Mansfield Shore Capital Stockbrokers Limited Tel: +44 (0) 20 7408 4090
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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,
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 Ethiopia, which has the potential to be a world class
asset.
In addition, the Company holds a 19% interest in MN Holdings
Limited, the operator of the Otjozondu Manganese Mining Project in
Namibia.
ENDS
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END
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