Fladgate LLP has advised AIM quoted Premier African Minerals Limited (Premier) on the sale of its Togolese and Malian mineral assets.
Premier is a multi-commodity natural resources company with mineral properties throughout Africa. Premier works across a wide range of commodities including tungsten, phosphates, lithium, tantalum, rare earth elements and clays.
Ethiopian Potash Corp. (EPC) purchased Premier’s Togolese subsidiary, G and B African Resources SARL, and its Malian subsidiary, G and B African Resources Mali SARL, for an aggregate consideration of 120,000,000 new shares in EPC. Following completion, Premier will hold approximately 42% of the issued share capital of EPC.
Fladgate corporate partners Grant Gordon and Paul Airley advised Premier.
Fladgate also advised Premier on its admission to AIM in December 2012
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