Premier African Minerals Limited’s Board To Adopt A Formal Policy For Circum Minerals Investment

Premier African Minerals Limited (AIM: PREM) company’s board of Directors have decided to adopt a formal policy in respect of its investment in Circum Minerals Limited. They would convene a general meeting at which shareholders will be asked to approve the disposal of the Circum Interest, while the company will first be repaying all existing debts and liabilities incurred in the ordinary course of business as at the date of the liquidity event of the Circum Interest.

On 30th August 2019, at the time of writing, GMT 10:53 AM, PREM shares were trading at GBX 0.03, up by 9.25% against the previous day closing price.