Premium Drills Significant Mineralized Step-Out at Selebi North
Toronto, Ontario--(Newsfile Corp. - May 1, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces that it has successfully intersected significant mineralization at Selebi North Underground ("SNUG") below the Mineral Resource Estimate ("MRE") confirming the down-plunge continuation of massive sulphides. Key Highlights: Drill hole SNUG-25-184 intersected mineralization 183 metres down-plunge from the MRE marking a major step-out and opening new growth...
2025-05-01 7:30 AM EDT
Premium Appoints Mining Finance Executive and Former Gatos Silver CFO Andre van Niekerk to the Board
Toronto, Ontario--(Newsfile Corp. - April 24, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce the appointment of Mr. André van Niekerk to the Board of Directors of the Company. Mr. van Niekerk was appointed to the Board, effective immediately. Mr. van Niekerk's appointment will fill a vacancy arising from the retirement of Mr. Don Newberry as a director of the Company. André van Niekerk brings over 23 years of progressive...
2025-04-24 6:51 PM EDT
Premium Resources Infill Drilling at Selebi Delivers Grades Significantly Higher than Mineral Resource Estimate 27.55 Metres of 4.97% CuEq
Toronto, Ontario--(Newsfile Corp. - April 17, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces additional high-grade assay results from resource reclassification drilling at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North underground ("SNUG") mine in Botswana. Results from a total of ~34,300 metres over 80 holes, including the 17 holes reported herein, were not included in the mineral resource estimate ("MRE"). Final...
2025-04-17 7:30 AM EDT
Premium Resources High Impact Six Month Strategy Including Deep Drilling at Selebi
Toronto, Ontario--(Newsfile Corp. - April 10, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce an exciting new strategic direction aimed at rapidly demonstrating the size potential of the Selebi North and Selebi Main deposits (together the "Selebi Mine"). The Company will aggressively execute a carefully designed exploration drilling program at the Selebi Mine while concurrently finalizing metallurgical work to identify the optimal...
2025-04-10 7:30 AM EDT
Premium Appoints Former Blackrock Senior Executive Chris Leavy to Board of Directors
Toronto, Ontario--(Newsfile Corp. - March 25, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce the appointment of Mr. Chris Leavy to the Board of Directors of the Company. Mr. Leavy was appointed to the Board, effective immediately. Mr. Leavy's appointment will fill a vacancy arising from the retirement of Mr. William O'Reilly as a director of the Company. Mr. Leavy brings more than two decades of experience in asset management...
2025-03-25 7:30 AM EDT
RETRANSMISSION: Premium Resources Announces Closing of $46 Million Non-Brokered Equity Financing, Equity Conversion of $20.8 Million of Debt and New Strategic Advisors
Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce the closing of the previously announced recapitalization of the Company (see news releases dated February 18 and 20, 2025), including a C$46 million equity private placement (the "Private Placement") and the equity conversion of its C$20,882,353 term loan debt (the "Debt Conversion") with support from Cymbria Corporation ("Cymbria"), the...
2025-03-19 12:44 PM EDT
Premium Resources Announces Closing of $46 Million Non-Brokered Equity Financing, Equity Conversion of $20.8 Million of Debt and New Strategic Advisors
Toronto, Ontario--(Newsfile Corp. - March 18, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce the closing of the previously announced recapitalization of the Company (see news releases dated February 18 and 20, 2025), including a C$46 million equity private placement (the "Private Placement") and the equity conversion of its C$20,882,353 term loan debt (the "Debt Conversion") with support from Cymbria Corporation ("Cymbria"), the...
2025-03-18 8:45 PM EDT
Premium Resources Closes Book and Upsizes Non-Brokered Private Placement to C$44MM Due to Strong Demand
Toronto, Ontario--(Newsfile Corp. - February 20, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces that due to significant demand, it is increasing the size of its previously-announced non-brokered private placement (the "Offering") of units of the Company (the "Units") at a price of $0.30 per Unit from C$36MM to up to C$44MM. Other than the upsize of the Offering, all other details of the non-brokered private placement remain as disclosed in...
2025-02-20 7:30 AM EST
Premium Resources Announces New Strategic Investor Group, Non-Brokered Equity Financing of Up to C$36MM, Equity Settlement of C$20.8MM of Debt, and Leadership Change
Toronto, Ontario--(Newsfile Corp. - February 18, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce a significant refinancing, including the introduction of a new strategic investor group led by a lead order from Frank Giustra, Andrew Bowering and Mathew August and the provision of Fiore management group services, and incoming new CEO, Morgan Lekstrom. The Company also announces the deleveraging of its balance sheet with the...
2025-02-18 7:30 AM EST
Premium Resources Drills 14.20m of 5.14% CuEq or 2.49% NiEq Outside of Selebi North MRE and Provides Drilling Program Update
Toronto, Ontario--(Newsfile Corp. - January 27, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces significant assay results for two holes that were drilled outside of the Mineral Resource Estimate ("MRE") at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North underground ("SNUG") mine in Botswana. The Company has commenced an underground exploration drilling program at Selebi North to test the deeper borehole...
2025-01-27 7:30 AM EST
Premium Resources Files NI 43-101 Technical Report: Initial Mineral Resource Estimate of 44.2 MT for the Selkirk Mine in Botswana
Toronto, Ontario--(Newsfile Corp. - January 10, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") is pleased to announce that the Company has filed an initial Mineral Resource Estimate ("MRE") titled "NI 43-101 Technical Report Selkirk Nickel Project, North East District, Republic of Botswana" (the "Technical Report") and dated January 8, 2025 (with an effective date of November 1, 2024) on its past-producing Nickel-Copper-Platinum Group Elements sulphide...
2025-01-10 6:58 PM EST
Premium Resources Announces Quarterly Director DSU Grants
Toronto, Ontario--(Newsfile Corp. - January 10, 2025) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces that it has granted an aggregate of 317,500 deferred share units ("DSUs") to its independent directors at an effective price of CDN$1.00 per DSU. The DSUs were granted in consideration for services rendered by the independent directors for the quarter ended December 31, 2024 pursuant to the Company's Deferred Share Unit Plan. About Premium Resources...
2025-01-10 5:11 PM EST
Premium Resources Amends Consulting Agreement with Altitude Capital Partners
Toronto, Ontario--(Newsfile Corp. - December 23, 2024) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces, further to the Company's news release dated October 17, 2024 (entitled "Premium Nickel Engages Altitude Capital Partners"), that it has entered into an amended and restated consulting agreement dated December 20, 2024 (the "Consulting Agreement") with Altitude Capital Partners Inc. ("Altitude") which is effective as of October 1, 2024. The...
2024-12-23 9:42 AM EST
Premium Resources Continues to Intersect Significant Lengths of Mineralization at Selebi North: 16.80 Metres of 5.77% CuEq or 2.80% NiEq
Toronto, Ontario--(Newsfile Corp. - December 10, 2024) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM"or the"Company") announces high-grade assay results for a further eight in-fill drilling holes, all drilled within the Mineral Resource Estimate ("MRE") at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North underground ("SNUG") mine in Botswana. Infill Drilling Assay Highlights for Resource Reclassification: SNUG-24-148: N3 Limb 14.95 metres of 3.47%...
2024-12-10 7:30 AM EST
Premium Resources Ltd. Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - December 5, 2024) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM" or the "Company") announces that, effective December 4, 2024, it has granted to certain directors, officers, employees and/or consultants of the Company and/or its subsidiaries an aggregate of 300,000 stock options of the Company ("Options") pursuant to the stock option plan of the Company. The Options have an exercise price of C$0.49 per share and a five-year term from the...
2024-12-05 7:30 AM EST
Premium Resources Ltd. Announces Management and Board Changes
Toronto, Ontario--(Newsfile Corp. - December 2, 2024) - Premium Resources Ltd. (TSXV: PREM) (OTC Pink: PRMLF) ("PREM", and together with its subsidiaries, the "Company") announces the retirement of Keith Morrison as Chief Executive Officer and a director of PREM, to take effect December 31, 2024. PREM has commenced a search process to recruit a new CEO. Sean Whiteford, President of Premium Resources International, will continue to oversee the Company's operational activities and Paul Martin,...
2024-12-02 7:30 AM EST
Premium Resources Announces Initial Mineral Resource Estimate of 44.2 MT for the Selkirk Mine in Botswana
Toronto, Ontario--(Newsfile Corp. - November 27, 2024) - Premium Resources Ltd. (TSXV: PREM) ("PREM" or the "Company") is pleased to report an initial Mineral Resource Estimate ("MRE") with an effective date of November 1, 2024, prepared in accordance with CIM (2014) Definitions Standards incorporated in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), on its past-producing Nickel-Copper-Platinum Group Elements sulphide ("Ni-Cu-PGE ") Selkir
2024-11-27 8:00 AM EST
Premium Resources Ltd. Announces Name Change
Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - Premium Resources Ltd. (TSXV: PNRL) ("PRL" or the "Company") is pleased to announce that the Company has changed its name from "Premium Nickel Resources Ltd." to "Premium Resources Ltd." (the "Name Change"). The Name Change was approved at the Annual General and Special Meeting of shareholders held on October 29, 2024. Accordingly, it is anticipated that the Company's common shares will commence trading under the new name and new stock...
2024-11-18 8:00 AM EST
Premium Nickel Intersects Significant Lengths of Mineralization at Selebi North: 28.70 Metres of 3.45% CuEq or 1.67% NiEq
Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") announces high-grade assay results for a further ten holes all drilled within the Mineral Resource Estimate ("MRE") wireframe at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North underground ("SNUG") mine in Botswana. Drill core photos for all highlighted holes released to date, including the holes reported herein, are accessible by Clicking...
2024-11-13 8:00 AM EST
Premium Nickel Extends Selebi Mines Study Phase and Provides Operational Update
Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") has extended the Study Phase (as defined under Section 43 of the Botswana Mining Act) for the Selebi Mines project pursuant to the terms of the asset purchase agreement (the "Selebi APA") with the BCL liquidator. This extension follows successful completion by the Company of the work and investment milestones required by the Selebi APA. It provides the Company with an...
2024-11-11 8:00 AM EST