Premier African Minerals Limited

Premier African Minerals Limited (“Company” or “Premier”) is currently developing a portfolio of strategic metals and mineral projects located across Africa.

Premier is an emerging spodumene producer from the Zulu Lithium and Tantalum Project and has a Tungsten operation in Zimbabwe, RHA Tungsten which remains subject to a shareholder restructuring with Government of Zimbabwe who hold 51% of the project. In addition, the Company has an interest in MN Holdings Limited, the owner and operator of the Otjozondu Manganese Mining Project in Namibia. Premier has a 50% interest in the Li3 Project in Mutare, Zimbabwe and now responsible for the full technical management function of the Li3 Project.

The Company has accepted a share offer by Vortex Limited ("Vortex") for the exchange of Premier's entire 4.8% interest in Circum Minerals Limited ("Circum"), the owners of the Danakil Potash Project in Ethiopia, for a 13.1% interest in the enlarged share capital of Vortex. Vortex has an interest of 36.7% in Circum.

Premier has a long history of project discovery, acquisition and development across Africa and the Company is managed by a dedicated team of professionals which have a strong track record is project development and value creation.