15th Jul 2020 20:10
Premier African Minerals Ltd - develops projects located across Africa - Says it has agreed with Lithium Consolidated Ltd to extend the due diligence period on the portfolio of hard-rock lithium until Friday next week due to continuous interruptions as a result of Covid-19 issues in Zimbabwe. Back in June, Premier African has conditionally agreed to acquire a portfolio of hard-rock lithium assets located in Zimbabwe and Mozambique from Lithium Consolidated. Premier has conditionally agreed to purchase the Lithium Consolidated African projects for a gross consideration of AUD150,000, around GBP82,411, which will be satisfied through the issuance of new shares.
Current stock price: 0.07 pence
Year-to-date change: down 22%
By Evelina Grecenko; [email protected]
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