03:24 AM EDT, 07/29/2026 (MT Newswires) -- Premier African Minerals (PREM.L) said Wednesday it raised 550,000 pounds sterling through a subscription of 4 billion new shares at 0.0001375 pound each. The mining company will use the proceeds to support operating expenditure, continue mining and stockpiling activities at its Zulu Lithium and Tantalum Project in Zimbabwe, manage essential creditors at the project and meet general working capital requirements. The subscription shares are expected to be admitted to trading on London's AIM on or around Aug. 3.

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