Business
Offer to raise approx. £500,000 via PrimaryBid
Offer to raise approx. £500,000 via PrimaryBid.
About this update from Premier African Minerals Ltd.
[{"type":"text","content":"\n \nRNS Number : 0222X Premier African Minerals Limited 20 November 2017 \n\nPremier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining\nFor immediate release\n \n20 November 2017\n \nTHE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \nNOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.\n \nTHIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY DARWIN STRATEGIC LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. PRIMARYBID LTD IS AN APPOINTED REPRESENTATIVE OF DARWIN STRATEGIC LIMITED.\n \nPREMIER AFRICAN MINERALS LIMITED IS AN EARLY STAGE NATURAL RESOURCES EXPLORATION, DEVELOPMENT AND PRODUCTION COMPANY, IF YOU HAVE ANY DOUBTS AS TO THE RISKS INVOLVED YOU SHOULD SEEK ADVICE FROM A FINANCIAL ADVISER WHO IS DULY AUTHORISED UNDER THE FSMA TO ADVISE ON SUCH FINANCIAL INVSETMENTS.\n \n \nPremier African Minerals Limited\n(\"Premier\" or the \"Company\")\nInstitutionally Underwritten Offer to raise approximately £500,000 via PrimaryBid (\"Primary Bid Offer\") to Advance the Zulu Lithium Project\nPremier African Minerals Limited (AIM:PREM), the London-quoted mining and exploration company, is pleased to announce a fully underwritten offer to raise £500,000 (before expenses) by the issue and allotment by the Company of 125,000,000 new ordinary shares each in the Company (\"New Ordinary Shares\") at an offer price of 0.40 pence per New Ordinary Share, being today's closing bid-price. \nThe Company is pleased to provide existing shareholders, private and other investors the opportunity to participate in the fundraising by applying exclusively through the www.PrimaryBid.com platform under the Offer. In order to comply with the Prospectus Directive, the Company...