Fifth tranche of USD1 million received from Circum

RNS Number : 8958B
Premier African Minerals Limited
12 January 2015
 



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

 

12 January 2015

 

Premier African Minerals Limited ('Premier' or 'the Company')

Fifth tranche of USD1 million received from Circum

 

Premier African Minerals Limited, the AIM traded, multi-commodity natural resource company with mineral projects located in Southern and Western Africa, announces that it has received the fifth tranche of USD1 million from Circum Minerals Limited.

 

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 2 million shares in Circum Minerals Limited, the owners of the Danakil Potash Project, located in Ethiopia. At inception, the shares had a fair value of USD1.4m. Circum is fully funded to completion of feasibility study.

 


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