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PRMMF / Premier African Minerals funds Zulu production with new share issue

Premier African Minerals Ltd (AIM:PREM), the mining company, is set to issue £4,000,000 worth of shares at 0.35p each to help fund production at its Zulu lithium and tantalum projects in Zimbabwe, a company statement revealed. Targeting revenue-generating production by November of this year, Premier African will use part of the shares issued to pay two of its contractors involved with the instalment and development of its open pit mine until the end of the year. Read More

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Posted: Aug 25 2023, 03:01

Author Name: Proactive Investors

PRMMF News

By Proactive Investors
November 3, 2023

Premier African Minerals focused on first shipment from Zulu

Premier African Minerals said issues still need to be sorted to meet the quantity stipulated for a maiden lithium shipment from its Zulu lithium proj

By Proactive Investors
September 29, 2023

Premier African looks forward to cash generation as Zulu restarts

Premier African Minerals said that after restarting operations in the latter part of September 2023, it expects to meet the production target for ship

By Proactive Investors
September 21, 2023

Premier African Minerals preps for open pit mining operations at Zulu Lithium project

Premier African Minerals Ltd (AIM:PREM) is making headway on the installation and commissioning of the RHA Ball Mill at the company's Zulu Lithium an

By Proactive Investors
August 30, 2023

Premier African Minerals gets cash injection from major shareholder

Premier African Minerals is to get a £5 million cash injection for the Zulu lithium and tantalum development in Zimbabwe from major shareholder Canma

By Proactive Investors
August 25, 2023

Premier African Minerals funds Zulu production with new share issue

Premier African Minerals Ltd (AIM:PREM), the mining company, is set to issue £4,000,000 worth of shares at 0.35p each to help fund production at its

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