REG - Premier African Min - Result of AGM

Premier African MineralsAnnouncement

26/06/2023 17:00

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RNS Number : 9463D  Premier African Minerals Limited  26 June 2023

26 June 2023

Premier African Minerals Limited

 

Result of Annual General Meeting

 

Premier African Minerals Limited ("Premier" or the "Company") announces the
results for the resolutions proposed to shareholders at the Company's 2023
Annual General Meeting held earlier. The voting was determined by a poll and
the results in respect of each Resolution were as follows:

 

 Resolution                                                  Votes for      Votes against  Outcome

 Ordinary Resolution
 Re-election of George G Roach as a director of the Company  3,898,390,479  3,007,570,606  Resolution passed

 Special Resolution
 Authority to disapply pre-emption rights                    3,875,569,299  3,030,360,026  Resolution failed

 Notes:

 6 Proxies with votes lodged.

 

Accordingly, George Roach has been re-appointed as a director.

 

As announced earlier today, Premier has the general authority to issue shares
on a pre-emptive basis such as an open offer or rights issue.

 

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
 John More/Toby Gibbs                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.

Ends

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