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Premium Resources Ltd V.PREM

Alternate Symbol(s):  PRMLF

Premium Resources Ltd, formerly Premium Nickel Resources Ltd, is a mineral exploration and development company. The Company is focused on redeveloping its past-producing nickel, copper, and cobalt sulphide mines in the Republic of Botswana. Its Selebi Mine Project consists of a single 10-year mining license covering an area of 11,504 hectares located south of the town of Selebi Phikwe. The Selkirk Project is situated 28 kilometers (km) south-east of the city of Francistown, and 75 km north of the Selebi Mines. The Project consists of a mining license covering an area of 1,457 hectares (ha) and four prospecting licenses covering 12,670 ha. The Maniitsoq Project is a centered approximately 125 km north of Nuuk, the capital of Greenland, and consists of three contiguous mineral exploration licenses situated just east of the towns of Maniitsoq and Napasoq. The Post Creek and Halcyon projects are located 35 km northeast of Sudbury in Norman, Parkin, Alymer and Rathburn townships.


TSXV:PREM - Post by User

Post by BSdetector2016on Jun 10, 2024 8:38am
178 Views
Post# 36080547

Now a 204.4M share company

Now a 204.4M share companyBut they will have $27.5M of financing, which can accomplish a lot. The MRE is coming and there will be no more financing overhang. A great deal for those who participated in the financing. Not so great for existing shareholders. See comments on CEO.CA.
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