Premier African Minerals Limited

Transaction in Own Shares • Oct 27, 2014

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RNS Number : 3948V

Premier African Minerals Limited

27 October 2014

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

For immediate release

27 October 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 that following the disposal on 27 October 2014 of a material shareholding in the Company by AgriMinco Corp. that it no longer has a notifiable interest in the Company.

Enquiries:

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 and tantalum 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 Limited, the owners of the Danakil Potash Project formerly held in part by AgriMinco Corp. At inception, those shares had a fair value of $1.4m. Circum is fully funded to completion of feasibility study.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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