Premier African's George Roach 'cementing and improving asset base' with increased Circum stake

Published on 9th Aug 2017

George Roach, chief executive of Premier African Minerals Ltd (LON:PREM) talks through the decision to increase their stake in potash producer Circum Minerals.

Premier African's agreed to snap up another 416,700 shares – around 0.5% of Circum’s issued share capital – from GMP Securities for just shy of US$521,000.

It will make the payment to GMP through the issue of 87.5mln new PREM shares.

That takes the AIM-quoted firm’s total interest in Circum to 4.1mln shares, or 4.2%

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