Premier African Minerals gets early release of Darwin loan notes

AIM-listed multi-commodity resource and development company Premier African Minerals said Darwin Strategic Limited has agreed to bring forward the release date of a second tranche of loan notes.

Premier said Darwin has agreed to release the second tranche of loan notes in the amount of £157,500 on Friday.

Chief executive officer George Roach said: "Use and application of funds is to provide additional working capital and support of the expedited underground developments at RHA as announced on the 27 October 2015. We anticipate a full corporate update during the coming week."

At 1020 GMT, Premier African shares were down 2.7% to 0.5840p.