Premier African Minerals Ltd (PREM)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.033p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.49
  • 52 Week Low: 0.031
  • Currency: UK Pounds
  • Shares Issued: 36,028m
  • Volume: 268,649,833
  • Market Cap: £11.89m

Premier African raises another £1m due to strong institutional interest

By Josh White

Date: Friday 12 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Premier African Minerals announced on Friday that it had raised a fresh £1m, due to strong institutional interest in its fundraising announced on 11 April.
The AIM-traded firm said the extra funds were raised through a direct subscription of 588,235,294 new shares for 0.17p each.

CMC Markets UK acted as its placing agent for the subscription, which was arranged within the company's existing share authorities.

Premier said it would use the proceeds primarily to support ongoing mining operations at the Zulu lithium and tantalum project, and for general working capital.

Following issue of the subscription shares, the firm's issued share capital would consist of 29,616,938,211 ordinary shares, all with voting rights.

At 1421 BST, shares in Premier African Minerals were down 3.63% at 0.19p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PREM Market Data

Currency UK Pounds
Share Price 0.033p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.49
52 Week Low 0.031
Volume 268,649,833
Shares Issued 36,028m
Market Cap £11.89m

PREM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
29.13% above the sector average29.13% above the sector average29.13% above the sector average29.13% above the sector average29.13% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
95.59% below the sector average95.59% below the sector average95.59% below the sector average95.59% below the sector average95.59% below the sector average
Income Not Available
Growth Not Available

PREM Dividends

No dividends found

Trades for 10-Oct-2024

Time Volume / Share Price
16:19 829,968 @ 0.031p
16:11 1,169,696 @ 0.033p
15:47 168,704 @ 0.033p
15:18 740,993 @ 0.033p
15:06 50,000 @ 0.035p

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