Premier African Minerals Limited Otjozondu Presentation (4383F)
12 Julio 2019 - 10:40AM
UK Regulatory
TIDMPREM
RNS Number : 4383F
Premier African Minerals Limited
12 July 2019
Premier African Minerals Limited / Ticker: PREM / Index: AIM /
Sector: Mining
For immediate release
12 July 2019
Premier African Minerals Limited
("Premier" or the "Company")
Otjozondu Presentation
Following the announcement dated 8 July 2019 regarding the
strategic loan by Premier to MN Holdings Limited ("MNH"), the owner
and operator of the Otjozondu Manganese Mining Project
("Otjozondu") in Namibia, Premier reports that it has been provided
by MNH with an updated presentation of the Otjozondu project (which
has been reviewed but not independently verified by Premier) and
which is now available on Premier's website. Please visit
www.premierafricanminerals.com/.
MNH's updated presentation includes a target annualised
manganese production of the Otjozondu project of 500,000 tonnes as
compared to the 200,000 tonnes target reported in Premier's
announcement dated 8 July 2019.
Webinar
The Company is hosting a webinar on Saturday 13 July at 10:00am
GMT. To join the webinar please register by clicking on the
following link: https://zoom.us/j/427503335
Enquiries:
Premier African Minerals Tel: +44 (0)7734
Fuad Sillem Limited 922074
Michael Cornish / Beaumont Cornish Limited Tel: +44 (0) 20 7628
Roland Cornish (Nominated Adviser) 3396
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Jerry Keen/Edward Shore Capital Stockbrokers Tel: +44 (0) 20 7408
Mansfield Limited 4090
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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,
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.
Forward Looking Statements:
Certain statements in this announcement are, or may be deemed to
be, forward looking statements. Forward looking statements are
identi ed by their use of terms and phrases such as "believe"
"could" "should" "envisage" "estimate" "intend" "may" "plan" "will"
or the negative of those variations or comparable expressions
including references to assumptions. These forward-looking
statements are not based on historical facts but rather on the
Directors' current expectations and assumptions regarding the
Company's future growth results of operations performance future
capital and other expenditures (including the amount. nature and
sources of funding thereof) competitive advantages business
prospects and opportunities. Such forward looking statements re ect
the Directors' current beliefs and assumptions and are based on
information currently available to the Directors. A number of
factors could cause actual results to differ materially from the
results discussed in the forward-looking statements including risks
associated with vulnerability to general economic and business
conditions competition environmental and other regulatory changes
actions by governmental authorities the availability of capital
markets reliance on key personnel uninsured and underinsured losses
and other factors many of which are beyond the control of the
Company. Although any forward-looking statements contained in this
announcement are based upon what the Directors believe to be
reasonable assumptions. The Company cannot assure investors that
actual results will be consistent with such forward looking
statements.
ENDS
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END
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