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Pin to quick picksPremier African Minerals Share News (PREM)

Share Price Information for Premier African Minerals (PREM)

London Stock Exchange
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Share Price: 0.185
Bid: 0.18
Ask: 0.19
Change: -0.005 (-2.63%)
Spread: 0.01 (5.56%)
Open: 0.19
High: 0.19
Low: 0.185
Yest. Close: 0.19
PREM Live PriceLast checked at -

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IN BRIEF: Premier African Raises GBP1.1 Million To Fund Exploration

Wed, 21st Oct 2020 14:22

Premier African Minerals Ltd - southern Africa-focused miner - Raises GBP1.1 million through issue of 2.8 million shares at 0.04 pence per share. Cash will be used to assist with funding to identify and secure high-value exploration assets in other jurisdictions, payment of certain debts and for general working capital purposes.

Commenting on the placing, Chief Executive George Roach said: "Premier will be in a position to responsibly reassess its Zimbabwean assets and determine the best course of action to generate value for shareholders. I continue to believe in the value of our Zimbabwean assets and it is my fervent desire that the Zimbabwean government will resolve the issues surrounding RHA Tungsten and grant Premier the exclusive prospecting order over the extended area at Zulu Lithium."

Current stock price: 0.042 pence

Year-to-date change: down 53%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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