8 April 2024
Premier African Minerals Limited
Result of Annual General Meeting
Premier African Minerals Limited ("Premier" or the "Company") announces the results for the resolutions proposed to shareholders at the Company's 2024 Annual General Meeting held earlier. The voting was determined by a poll and the results in respect of each Resolution were as follows:
| Resolution | Votes for | Votes against | Outcome
|
| Ordinary Resolution |
|
|
|
| Re-election of Dr Luo Wei as a director of the Company
| 12,272,384,643 | 24,951,189 | Resolution passed |
| Special Resolution |
|
|
|
| Authority to disapply pre-emption rights
| 12,185,152,708 | 119,846,717 | Resolution passed |
| Notes: 8 Proxies with votes lodged. | |||
Enquiries:
| George Roach | Premier African Minerals Limited | Tel: +27 (0) 100 201 281 |
| Michael Cornish / Roland Cornish | Beaumont Cornish Limited (Nominated Adviser) | Tel: +44 (0) 20 7628 3396 |
| Douglas Crippen | CMC Markets UK Plc | Tel: +44 (0) 20 3003 8632 |
| Toby Gibbs/Rachel Goldstein | Shore Capital Stockbrokers Limited | Tel: +44 (0) 20 7408 4090 |
Nominated Adviser Statement Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this document and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information, or opinions contained in this document or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.
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 and lithium and gold in Mozambique, encompassing brownfield projects with near-term production potential to grass-roots exploration. The Company has accepted a share offer by Vortex Limited ("Vortex") for the exchange of Premier's entire 4.8% interest in Circum Minerals Limited ("Circum"), the owners of the Danakil Potash Project in Ethiopia, for a 13.1% interest in the enlarged share capital of Vortex. Vortex has an interest of 36.7% in Circum.
In addition, the Company holds a 19% interest in MN Holdings Limited, the operator of the Otjozondu Manganese Mining Project in Namibia.
Ends
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