Result of AGM

Premier African Minerals Limited

26 June 2023

 

26 June 2023

Premier African Minerals Limited

Result of Annual General Meeting

Premier African Minerals Limited ("Premier" or the "Company") announces the results for the resolutions proposed to shareholders at the Company's 2023 Annual General Meeting held earlier. The voting was determined by a poll and the results in respect of each Resolution were as follows:

Resolution	Votes for	Votes against	Outcome
Ordinary Resolution
Re-election of George G Roach as a director of the Company	3,898,390,479	3,007,570,606	Resolution passed
Special Resolution
Authority to disapply pre-emption rights	3,875,569,299	3,030,360,026	Resolution failed
Notes: 6 Proxies with votes lodged.

Accordingly, George Roach has been re-appointed as a director.

As announced earlier today, Premier has the general authority to issue shares on a pre-emptive basis such as an open offer or rights issue. 

Enquiries:

George Roach	Premier African Minerals Limited	Tel: [phone]
Michael Cornish / Roland Cornish	Beaumont Cornish Limited (Nominated Adviser)	Tel: [phone]
Douglas Crippen	CMC Markets UK Plc	Tel: [phone]
John More/Toby Gibbs	Shore Capital Stockbrokers Limited	Tel: [phone]

Notes to Editors:

Premier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA Tungsten and Zulu Lithium projects in Zimbabwe.

The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in Zimbabwe and lithium and gold in Mozambique, encompassing brownfield projects with near-term production potential to grass-roots exploration. The Company has accepted a share offer by Vortex Limited ("Vortex") for the exchange of Premier's entire 4.8% interest in Circum Minerals Limited ("Circum"), the owners of the Danakil Potash Project in Ethiopia, for a 13.1% interest in the enlarged share capital of Vortex. Vortex has an interest of 36.7% in Circum.

In addition, the Company holds a 19% interest in MN Holdings Limited, the operator of the Otjozondu Manganese Mining Project in Namibia.

Ends

 

END