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Premier African Minerals Limited

Net Asset Value Sep 29, 2014

10542_rns_2014-09-29_9acfb104-cb30-4ce3-b3de-1a4b48024fdf.html

Net Asset Value

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RNS Number : 9157S

Premier African Minerals Limited

29 September 2014

Premier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining

29 September 2014

Premier African Minerals Limited ("Premier" or "the Company")

Holding(s) in Company

Premier African Minerals Limited, the AIM-traded, multi-commodity natural resource

company with mineral projects located in Southern and Western Africa, announces that it

has been informed today that following disposal of shares on 29 September 2014,

AgriMinco Corp. (TSX VENTURE: ANO) ("AgriMinco") is now directly interested in 50,833,454 ordinary shares representing 10.10% of the Company's issued share capital.

For further information please visit www.premierafricanminerals.com or contact the following:

Pamela Hueston Premier African Minerals Limited Tel: +44 (0) 755 778 3855
Michael Cornish / Roland Cornish Beaumont Cornish Limited

(Nominated Adviser)
Tel: +44 (0) 207 628 3396
Jerry Keen/ Edward Mansfield Shore Capital Stockbrokers Limited Tel: +44 (0) 207 408 4090
Tim Blythe/ Halimah Hussain Blytheweigh Tel: +44 (0) 207 138 3204

Notes

Premier African Minerals Limited (AIM: PREM) is a multi-commodity exploration and development company focused in Southern and West Africa. The Company has a diverse portfolio of multi-commodity projects which includes tungsten, rare earth elements, gold, lithium, tantalum, graphite and uranium in Zimbabwe and Togo, which span from brownfield projects with near-term production potential to grass-roots exploration. The Company holds 2m shares in Circum Minerals Ltd ("Circum"), the owners of the Danakil Potash Project. At inception, those shares had a fair value of USD$1.4m. Circum is fully funded to completion of feasibility study.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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