TIDMPREM

RNS Number : 3982R

Premier African Minerals Limited

05 March 2021

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

5 March 2021

Premier African Minerals Limited

("Premier" or the "Company")

Share Price Movement

Premier African Minerals Ltd ("Premier" or the "Company") notes the recent movement in the Company's share price and the on-line speculation regarding the status of the Company's exclusive prospecting order applications ("EPO") in respect of Zulu Lithium Private Limited ("Zulu") in the context of the publication in the Zimbabwean National Assembly Hansard Volume 47 Number 28 relating to the general status of all exclusive prospecting order applications.

The Company will notify the market as and when the Company receives any official communication pertaining to the status of Zulu's EPO application.

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 and lithium and gold in Mozambique, 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.

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) 
                                   -----------------------------------  -------------------------- 
 Jerry Keen/Edward Mansfield        Shore Capital Stockbrokers Limited   Tel: +44 (0) 20 7408 4090

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

SPMEAXDSESNFEFA

(END) Dow Jones Newswires

March 05, 2021 13:00 ET (18:00 GMT)

Premier African Minerals (LSE:PREM)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Premier African Minerals Charts.
Premier African Minerals (LSE:PREM)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Premier African Minerals Charts.