tiprankstipranks
Trending News
More News >

Premier African Minerals Announces Share Conversion with Canmax

Story Highlights
Premier African Minerals Announces Share Conversion with Canmax

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1