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Premier African Minerals raises £1mln as it advances Zulu lithium DFS The equity funding supports the company's efforts at Zulu and ensures it can retain 100% of the project. Premier African Minerals Ltd (LON:PREM) raised £1mln in a share placing as it continues to progress a definitive feasibility study (DFS) for the Zulu lithium project in Zimbabwe. The company is issuing 625mln new shares priced at 0.16p each, which according to the company chief executive George Roach marks only a nominal dilution and “a small price to pay” to retain a 100% interest in Zulu. "The detailed planning, ...

12 March 2021 | 09:58am StockMarketWire.com - Premier African Minerals has been granted an Exclusive Prospecting Order over an area that encompasses the Zulu Lithium and Tantalum claims in the Fort Rixon district of Zimbabwe. The order is effective for three years from 12 March 2021 to 11 March 2024. George Roach, chief executive of Premier commented: ‘I am deeply appreciative of the Zimbabwe Government for the granting of this substantial EPO and Premier will reciprocate with mobilization for the commencement of the definitive feasibility study on the Zulu deposit which has an estimate...

It has appointed EAS, a New York-based boutique corporate advisory firm that works with early-stage mining and industrial groups.

22 February 2021 | 14:23pm StockMarketWire.com - Premier African Minerals has appointed New York-based EAS Advisors as its corporate adviser to assist with introductions to institutions and funding. The appointment, and potential subsequent funding, will enable the company to proceed with development of its current mining and exploration projects in Sub-Saharan Africa, in particular a Definitive Feasibility Study at the company's Zulu Lithium project in Zimbabwe. Having participated in over US$6 billion in transactions since inception, EAS has been instrumental in a number of financing arran...