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Premier African Minerals Update Agreement with Canmax & Plan to Run Plant Mid January #premn #stocks
StockBoxMedia spoke to Premier African Minerals CEO George Roach about updates to their agreement with Canmax for the Zulu Lithium and Tantalum project. 1️⃣ Canmax can either take a direct interest in Zulu Lithium valued at $100M or accept Premier shares to settle outstanding prepayment plus interest by April 2025. 2️⃣ George addressed shareholder concerns about potential dilution, stressing efforts to secure advanced financing and strategic partnerships. 3️⃣ Updates on the commissioning of the plant and anticipated test runs in January were shared, signaling ongoing development milestones. #StockMarket #Mining #Lithium
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