Premier African Minerals : Result of AGM

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

For immediate release

10 August 2018

Premier African Minerals Limited

Result of AGM

Premier African Minerals Limited ('Premier' or the 'Company'), the AIM-traded, multi-commodity mining and natural resource development company is pleased to announce that Resolution 2 proposed to shareholders at the Company's AGM held yesterday was duly passed.

Resolution 1 to approve the reappointment of Russel Swarts, who was retiring by rotationwas withdrawn from the meeting. Mr Russel Swarts had decided not to stand for reappointment at the AGM and therefore ceases to be a director of the Company with effect from close of the AGM yesterday. Mr Russel Swart will though continue to act as a consultant to the Company and to provide ongoing financial oversight as may be required by the Company.

The Board would like to thank Mr Russel Swarts for his contribution as a director.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged the release of this announcement on behalf of the Company was George Roach.

Enquiries:

Fuad Sillem	Premier African Minerals Limited	Tel: [phone]
Michael Cornish / Roland Cornish	Beaumont Cornish Limited (Nominated Adviser)	Tel: [phone]
Jerry Keen/Edward Mansfield	Shore Capital Stockbrokers Limited	Tel: [phone]
Jonathan Evans	Brandon Hill Capital Limited	Tel: [phone]

Notes to Editors:

Premier African Minerals Limited (AIM: PREM) is a multi-commodity mining and natural resource development company focused on Southern Africa with its RHA and Zulu projects in Zimbabwe.

The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in Zimbabwe, encompassing brownfield projects with near-term production potential to grass-roots exploration. In addition, the Company holds 5,010,333 shares in Circum Minerals Limited ('Circum'), the owners of the Danakil Potash Project in Ethiopia, which has the potential to be a world class asset. Premier also has an interest in Arc Minerals that has a number of mineral assets in Europe and Africa.