REG - Premier African Min. - Postponement of General Meeting

Premier African MineralsAnnouncement

22/10/2024 14:00

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RNS Number : 1694J  Premier African Minerals Limited  22 October 2024

22 October 2024

Premier African Minerals Limited

 

Postponement of General Meeting

 

Premier African Minerals Limited ("Premier" or the "Company"), announces that
it will be postponing the General Meeting ("GM") scheduled to be held at the
Chesterfield Mayfair Hotel, 35 Charles Street, London W1J 5EB, United Kingdom
at 15:30 (BST) on 23 October 2024.

 

The Company has agreed to postpone the GM as a result of issues reported by
the Company's registrar in respect of the capturing of CREST votes within the
CREST system, including uncertainty around a potentially large voting
instruction against the resolution.

 

Shareholders should be advised that all current votes will remain valid,
however shareholders will have the right to withdraw their vote, change their
vote, or submit a vote for those who have not yet voted, in the window before
the new proxy deadline date for the postponed GM which is expected to be
announced on 25 October 2024.

 

For additional support with voting or inquiries regarding the GM, shareholders
can contact the Company or its registrar.

 

The person who arranged the release of this announcement on behalf of the
Company was George Roach.

 

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 / Rachel Goldstein       Shore Capital Stockbrokers Limited  Tel: +44 (0) 20 7408 4090

 

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. The Company has accepted a share offer
by Vortex Limited ("Vortex") for the exchange of Premier's entire 4.8%
interest in Circum Minerals Limited ("Circum"), the owners of the Danakil
Potash Project in Ethiopia, for a 13.1% interest in the enlarged share capital
of Vortex. Vortex has an interest of 36.7% in Circum.

 

In addition, the Company holds a 19% interest in MN Holdings Limited, the
operator of the Otjozondu Manganese Mining Project in Namibia.

 

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.

 
Ends

 

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