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Premier African Minerals Ltd - British Virgin Islands-based minerals and metals project developer - Receives £1.2 million non-refundable deposit that Suzhou TA&A Ultra Clean Technology Co was required to pay as part of their conditional subscription agreement announced on Tuesday. The subscription was to raise £12 million for the development of the Zulu Lithium and Tantalum project in Zimbabwe. Suzhou acquires 13% of the share capital of Premier following the completion of the subscription.
Current stock price: 0.34 pence, down 1.1%
12-month change: up 36%
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