16th Jul 2014 08:42
Premier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining
16 July 2014
Premier African Minerals Limited ('Premier' or 'the Company')
Receives Second Tranche of $1million from Circum
Premier African Minerals Limited, the AIM traded, multi-commodity natural resource company with mineral projects located in Western and Southern Africa, announces that it has received the second tranche of USD$1 million from Circum Minerals Limited.
Premier will receive a further USD$1 million on the 15 September, 15 November 2014 and 15 January 2015.
For further information please visit www.premierafricanminerals.com or contact the following:
Pamela Hueston
| Premier African Minerals Limited | Tel: +44 (0) 755 778 3855
|
Michael Cornish / Roland Cornish | Beaumont Cornish Limited (Nominated Adviser) | Tel: +44 (0) 207 628 3396 |
Jerry Keen/ Edward Mansfield | Shore Capital Stockbrokers Limited | Tel: +44 (0) 207 408 4090 |
Tim Blythe/ Halimah Hussain | Blytheweigh | Tel: +44 (0) 207 138 3204 |
Notes
Premier African Minerals Limited (AIM: PREM) is a multi-commodity exploration and development company focused in Southern and West Africa. The Company has a diverse portfolio of multi-commodity projects which includes tungsten, rare earth elements, gold, lithium, tantalum and uranium in Zimbabwe and Togo, which span from brownfield projects with near-term production potential to grass-roots exploration. The Company holds 2m shares in Circum Minerals Limited, the owners of the Danakil Potash Project formerly held in part by AgriMinco Corp. At inception, those shares had a nominal value of $1,4m. Circum is fully funded to completion of feasibility study.
Related Shares:
Premier African Minerals