IN BRIEF: Premier African Minerals raises GBP500,000 from subscription
11th Mar 2026 14:28
Premier African Minerals Ltd - developer of the RHA tungsten and Zulu lithium projects in Zimbabwe - Raises approximately GBP500,000 before expenses through a subscription for 2.70 billion new shares at 0.0185 pence per share. Also says it has settled suppliers' invoices worth GBP100,000 through the issue, at the same price, of 540.5 million new shares. Says it primarily intends to use the proceeds to support the ongoing commissioning of Xinhai Flotation Plant at the Zulu Lithium & Tantalum Project, to fund operating expenses at Zulu, and to manage essential creditors at Zulu, as well as to provide general working capital. Read More