REG - Premier African Min. - Appointment of Managing Director

Premier African MineralsAnnouncement

27/06/2025 07:00

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RNS Number : 6544O  Premier African Minerals Limited  27 June 2025

27 June 2025

Premier African Minerals Limited

 

 Appointment of Managing Director

Premier African Minerals Limited ("Premier" or the "Company") is pleased to
announce that it has agreed terms with Mr. Graham Hill ("Mr. Hill" or
"Graham") for his engagement as the Managing Director (non-Board) of the
Company with effect from the 16 July 2025 ("Agreement").

Mr. Hill is expected to strengthen the Company's technical capacity and
enhance its ongoing efforts to bring the plant at Zulu Lithium and Tantalum
Project ("Zulu") into profitable long-term production.

Premier may also subsequently invite Mr. Hill to join the Board as Premier
Chief Executive Officer following the resignation of Mr George Roach as
announced on the 20 May 2025, subject to the satisfactory completion of
standard regulatory checks in compliance with the AIM Rules and also the
completion of the probationary period under the Agreement.

Godfrey Manhambara, Chairman, commented, "I am pleased and relieved that
Graham has accepted this. I expect that his contribution to final resolution
of the issues at Zulu will be marked and significant. Graham has wide
experience that has direct relevance to our operations, and I welcome his
hands on direct approach at Zulu."

About Mr. Hill

Mr. Hill is a qualified engineer with over 41 years of experience in mine
development and management in Africa, Southern Europe and Central Asia. He has
extensive prior experience at Senior Executive and Board levels.

Mr. Hill was most recently Chief Operating Officer of ASX and Main Listed
Adriatic Metals PLC, where he oversaw the pre-feasibility, feasibility and
development of the Vares Project in Bosnia and Herzegovina. Previously, Mr.
Hill delivered the Silver Bear silver mine in eastern Siberia. Mr. Hill
commenced his career with Anglo American Corporation, and was selected into
its Management Development Programme, eventually leading the design and
construction of 3 operations in South Africa and Mali. Between 2002-11, Mr.
Hill oversaw the development of several mines for Oxus Gold plc, before
working as Chief Operating Officer at Axmin, where he delivered the EIA,
infrastructure development and mine plan optimisation at the Passendro Gold
Project in the Central African Republic.

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of
the European Union (Withdrawal) Act 2018 ("UK MAR").

The person who arranged the release of this announcement on behalf of the
Company was Godfrey Manhambara.

A copy of this announcement is available at the Company's
website, www.premierafricanminerals.com
(https://url.avanan.click/v2/___http:/www.premierafricanminerals.com/___.YXAxZTpzaG9yZWNhcDphOm86ZGY1ZmJhODIyMzc4M2QzZDhkOTg4N2JjZDYzZmVlYmE6NjpmOTgwOmY1YjRmNjZjOWFiZTcwYzkwNjNlYWRmNmYwNjY2NGVhN2ZiNzFmYjBhYjdkMGUxMzQ1YjRhMTRlNjVlNTdkYjQ6cDpUOk4)
.

Enquiries:

 

 George Roach                        Premier African Minerals Limited    Tel: +27 (0) 100 201 281
 Michael Cornish / Roland Cornish    Beaumont Cornish Limited            Tel: +44 (0) 20 7628 3396

                                     (Nominated Adviser)
 Douglas Crippen                     CMC Markets UK Plc                  Tel: +44 (0) 20 3003 8632
 Toby Gibbs/Harry Davies-Ball        Shore Capital Stockbrokers Limited  Tel: +44 (0) 20 7408 4090
 Andrew Monk / Andrew Raca           VSA Capital Limited                 Tel: +44 (0)20 3005 5000

 

Nominated Adviser Statement

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and
regulated in the United Kingdom by the Financial Conduct Authority, is
acting as nominated adviser to the Company in connection with this
announcement and will not regard any other person as its client and will not
be responsible to anyone else for providing the protections afforded to the
clients of Beaumont Cornish or for providing advice in relation to such
proposals. Beaumont Cornish has not authorised the contents of, or any part
of, this document and no liability whatsoever is accepted by Beaumont Cornish
for the accuracy of any information, or opinions contained in this document or
for the omission of any information. Beaumont Cornish as nominated adviser to
the Company owes certain responsibilities to the London Stock Exchange which
are not owed to the Company, the Directors, Shareholders, or any other person.

Notes to Editors:

 

Premier African Minerals Limited (AIM: PREM) is a multi-commodity mining and
natural resource development company focused on Southern Africa with its RHA
Tungsten and Zulu Lithium projects in Zimbabwe.

 

The Company has a diverse portfolio of projects, which include tungsten, rare
earth elements, lithium and tantalum in Zimbabwe and lithium and gold
in Mozambique, encompassing brownfield projects with near-term production
potential to grass-roots exploration.

 

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