M&A

Premier to spin off RHA in latest twist

After months of working hard to get the RHA tungsten project back into production, Premier African Minerals (AIM:PREM) will now hand over the mine and its lithium project to a local Zimbabwean company that will list in London.

Down we go: Some Premier shareholders bailed immediately after reading the proposed deal structure, sending the shares down a third

Down we go: Some Premier shareholders bailed immediately after reading the proposed deal structure, sending the shares down a third

The deal is complicated by the fact the Zimbabwean government is yet to announce whether Premier's appeal to shift its ownership of RHA from 49% to 90% has been successful. The company is confident...

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