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Premier African Minerals ( (GB:PREM) ) has provided an announcement.
Premier African Minerals Limited announced that Canmax Technologies Co., Ltd has converted accrued interest of £77,233.89 into 134,319,818 new ordinary shares in the company. This issuance is part of the Restated and Amended Offtake and Prepayment Agreement, with the new shares expected to be admitted to trading on AIM by 22 December 2025. This move increases Premier’s issued share capital to 9,489,787,939 ordinary shares, impacting shareholder voting rights and potentially altering shareholder interests in line with Financial Conduct Authority’s rules.
More about Premier African Minerals
Premier African Minerals Limited is a multi-commodity mining and natural resource development company focused on Southern Africa, with key projects in Zimbabwe, including the RHA Tungsten and Zulu Lithium projects. The company has a diverse portfolio encompassing tungsten, rare earth elements, lithium, and tantalum, ranging from brownfield projects with near-term production potential to grassroots exploration.
Average Trading Volume: 88,785,708
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.04M
Find detailed analytics on PREM stock on TipRanks’ Stock Analysis page.