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General mining & base metals

Premier African soars as Darwin converts last of its loan notes

All Darwin loan notes are now converted and there is no longer any debt owed to Darwin as of this conversion notice.

Proactive

Darwin Capital has now converted all of its Premier African Minerals Limited (LON:PREM) loan notes into Premier shares.

The final 27 notes were converted at an issue price of 0.212368p per share, resulting in the issue of 317.84mln shares and the receipt of £675,000 by Premier.

Premier’s shares shot up 21.3% t0 0.697p on the news.