Business
Extension to Director's Loan
Extension to Director's Loan.
About this update from Premier African Minerals Ltd.
[{"type":"text","content":"\n \nRNS Number : 7627S Premier African Minerals Limited 27 June 2018 \n\nPremier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining\nFor immediate release\n \n27 June 2018\n \nPremier African Minerals Limited\nExtension to Director's Loan \n \nPremier African Minerals Limited (\"Premier\" or the \"Company\") is pleased to announce that following today's announcement with regards to the conditional strategic investment to fund the Zulu Lithium's Definitive Feasibility Study, the Company has today agreed an extension of the repayment date to 30 November 2018 in respect of the director loan it entered into with a company owned by a trust of which George Roach is a beneficiary as previously announced on 5 June 2018. \n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged the release of this announcement on behalf of the Company was Russel Swarts.\n \nEnquiries:\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 \nNotes to Editors:\nPremier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA and Zulu projects in Zimbabwe.\n \nThe Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in Zimbabwe, encompassing brownfield projects with near-term production potential to grass-roots exploration. In addition, the Company holds 5,010,333 shares in Circum Minerals Limited (\"Circum\"), the owners of the Danakil Potash Project in Ethiopia, which has the potential to be a world class asset. Premier also has an interest in Arc Minerals that has a number of mineral assets in Europe and Africa. \n \nForward Looking Statements:\nCertain statements in this announcement are or may be deemed to be forward looking statements. Forward looking statements are identified by their use of ter...