Premier African Minerals Raises $1.07M via Share Issuance

Deal Summary

London-listed Premier African Minerals Ltd. raised $1.07 million by issuing 4 billion new shares at 0.02 pence each, expanding its share count to 43.3 billion. The proceeds will fund optimisation, working capital and creditor management following the first production of spodumene concentrate at its Zulu Lithium Project. The fundraising was announced on June 11, 2026.