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An announcement from Premier African Minerals ( (GB:PREM) ) is now available.
Premier African Minerals Limited has successfully raised approximately £500,000 through the subscription of new ordinary shares, aimed at supporting essential operational requirements and preparations for the installation of a new flotation cell plant at the Zulu Lithium and Tantalum Project. This financial move is crucial for maintaining operations and advancing the Zulu project, potentially enhancing the company’s position in the mining industry by enabling the production of commercially viable lithium products.
More about Premier African Minerals
Premier African Minerals Limited is a multi-commodity mining and natural resource development company focused on Southern Africa, with projects in Zimbabwe and Mozambique. The company has a diverse portfolio that includes tungsten, rare earth elements, lithium, and tantalum, with a focus on both brownfield projects with near-term production potential and grassroots exploration.
Average Trading Volume: 78,450,236
Technical Sentiment Signal: Strong Sell
Current Market Cap: £6.53M
For an in-depth examination of PREM stock, go to TipRanks’ Overview page.