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The latest update is out from Premier African Minerals ( (GB:PREM) ).
Premier African Minerals Limited announced that Canmax Technologies Co., Ltd has converted £688,957.63 of accrued interest into new ordinary shares, issuing 5,741,313,598 shares at 0.012 pence each. This conversion aligns with the terms of a previous agreement and will see the new shares admitted to trading on AIM, impacting the company’s total voting rights and potentially influencing shareholder interests.
More about Premier African Minerals
Premier African Minerals Limited is a multi-commodity mining and natural resource development company focused on Southern Africa, with significant projects such as the RHA Tungsten and Zulu Lithium projects in Zimbabwe. The company has a diverse portfolio that includes tungsten, rare earth elements, lithium, and tantalum in Zimbabwe, as well as lithium and gold in Mozambique, ranging from brownfield projects with near-term production potential to grassroots exploration.
Average Trading Volume: 1,151,261,254
Technical Sentiment Signal: Sell
Current Market Cap: £9.13M
Learn more about PREM stock on TipRanks’ Stock Analysis page.