Business
Appointment of Financial Advisor for RHA
Appointment of Financial Advisor for RHA.
About this update from Premier African Minerals Ltd.
[{"type":"text","content":"\n \nRNS Number : 6850I Premier African Minerals Limited 23 March 2018 \n\nPremier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining\nFor immediate release\n \n23 March 2018\n \nPremier African Minerals Limited\nAppointment of Financial Advisor for RHA\n \nPremier African Minerals Limited (\"Premier\" or the \"Company\") is pleased to announce today that it has appointed Brandon Hill Capital Limited (\"Brandon Hill\") as financial advisor to assist the Company with regards to the funding and development of the RHA Tungsten Mine in Zimbabwe (\"RHA\") in which Premier has a 49% interest and is the operator. \n \nGeorge Roach, Premier's CEO, commented: \"The ratification of the amendments to the Indigenisation and Economic Empowerment Act strongly reaffirms that Zimbabwe is open for business. Premier finds itself very favourably positioned to advance its well-established profile of exploration assets in Zimbabwe.\nA major procedural hurdle in the ongoing discussions with our joint venture partner NIEEF has now been removed.\nIt is with great pleasure that I welcome Brandon Hill on board, they are widely recognised in the investment community for providing financial advice on transactions. I am pleased that their engagement is completely incentive driven with their principle focus being the future development of RHA.\"\nEnquiries:\n\n\n\n\nFuad Sillem \n\n\nPremier African Minerals Limited\n\n\nTel: +44 (0)7734 922074\n\n\n\n\nMichael Cornish / Roland Cornish\n\n\nBeaumont Cornish Limited\n(Nominated Adviser)\n\n\nTel: +44 (0) 20 7628 3396\n\n\n\n\nJerry Keen/Edward Mansfield\n\n\nShore Capital Stockbrokers Limited\n\n\nTel: +44 (0) 20 7408 4090\n\n\n\n\nJonathan Evans \n\n\nBrandon Hill Capital Limited \n\n\nTel: +44 (0) 20 3463 5000 \n\n\n\n\n \nBeaumont Cornish Limited is acting solely as the Company's Nominated Adviser for the purposes of the AIM Rules and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement.\n \nNotes to Editors:\nPremier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused in Southern and Western Africa with its flagship RHA project i...