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 conversion of its term loan...
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 electromagnetic ("BHEM") plates from N2 Limb and South Limb. The Company will...
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 ("Ni-Cu-PGE") Selkirk deposit in Botswana (the "Selkirk Mine").There...
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 Ltd.PREM is a mineral exploration...
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 Consulting Agreement has a term of an initial term...
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% CuEq or 1.68% NiEq (0.99% Cu, 1.20% Ni, 0.06%...
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 date of grant....
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, currently a director of PREM,...
2024-12-02 7:30 AM EST
Premium Resources Announces Initial Mineral Resource Estimate of 44.2 MT for the Selkirk Mine in Botswana
Selkirk DepositInferred Mineral Resource Estimate of 44.2 million tonnes at 0.81% CuEq or 1.91g/t PdEq.Contained metal Inferred - 132,000 tonnes copper and 108,000 tonnes nickelToronto, 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...
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 ticker symbol "PREM" at the...
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 Here and can also be found on the Company's website at www.premiumresources.com....
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 additional...
2024-11-11 8:00 AM EST
Premium Nickel Announces Results of Annual General and Special Shareholders' Meeting Including Name Change
Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to report on the results of its Annual General and Special Meeting (the "Meeting") of shareholders held on October 29, 2024. All proposed resolutions, each described in the notice of the meeting and management information circular of the Company dated September 19, 2024, were approved by the shareholders of the Company. The shareholders re-elected James Gowans (Chairman), Don Newberry, Jason...
2024-10-30 3:38 PM EDT
Premium Nickel's Selkirk Deposit Provides Strong Historic Drill Core Results Including 186.25 Metres of 1.65% CuEq or 0.96% NiEq
Toronto, Ontario--(Newsfile Corp. - October 28, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") provides exceptional assay results from the re-sampling of historic drill core and an update on the Mineral Resource Estimate ("MRE") for the Selkirk deposit at its nickel-copper-cobalt-platinum group elements ("Ni-Cu-Co-PGE") sulphide Selkirk mine ("Selkirk Mine") in Botswana. The Selkirk Mine is the Company's second asset in Botswana, located 28 kilometres south-east of the town of Francistown and approximately 75 kilometres north of...
2024-10-28 8:00 AM EDT
Premium Nickel Expands Selebi North Deposit with Discoveries of New Mineralization Beyond Initial Mineral Resource Estimate
Toronto, Ontario--(Newsfile Corp. - October 24, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") announces deposit expansion and high-grade assay results for a further three holes and assays pending for one hole all drilled outside of the initial 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 Here...
2024-10-24 8:00 AM EDT
Premium Nickel Continues to Deliver High Grade Results: 7.25 Metres of 7.48% CuEq or 3.63% NiEq Including 1.80 Metres of 10.27% CuEq or 4.99% NiEq
Toronto, Ontario--(Newsfile Corp. - October 22, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") announces more high-grade assay results for a further six holes from drilling 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 Here and can also be found on the Company's website at www.premiumnickel.com. An initial Mineral Resource Estimate ("MRE")...
2024-10-22 8:00 AM EDT
Premium Nickel Engages Altitude Capital Partners
Toronto, Ontario--(Newsfile Corp. - October 17, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to announce that the Company has entered into an advisory agreement with Altitude Capital Partners Inc. ("Altitude") to support the Company with capital markets strategy and analysis of funding. This engagement aims to enhance the Company's market presence as the Company advances its past-producing copper-nickel-cobalt-platinum group element ("Ni-Cu-Co-PGE") sulphide Selebi and Selkirk mines in Botswana.Altitude is a capital markets advisory...
2024-10-17 8:00 AM EDT
Premium Nickel Highlights More Assays from Selebi North Underground Including 8.30 Metres of 6.07% CuEq or 2.94% NiEq
"These in-fill assay results continue to meet our expectations and confirm both the high grade and scale of our Selebi North resource. Our underground drilling program at Selebi North continues to be an efficient process for both converting the NI 43-101 MRE Inferred resources to Indicated resources, while also increasing the size of the deposit" - CEO, Keith MorrisonToronto, Ontario--(Newsfile Corp. - September 26, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") announces more high-grade assay...
2024-09-26 8:00 AM EDT
Premium Nickel Files NI 43-101 Technical Report: Initial Mineral Resource Estimate of 27.7 MT for the Selebi Mine in Botswana
Toronto, Ontario--(Newsfile Corp. - September 20, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to announce that the Company has filed an initial Mineral Resource Estimate ("MRE") titled "Technical Report, Selebi Mines, Central District, Republic of Botswana" (the "Technical Report") and dated September 20, 2024 (with an effective date of June 30, 2024) on its past-producing copper-nickel-cobalt ("Cu-Ni-Co") sulphide Selebi Main and Selebi North deposits (together, the "Selebi Mine") in Botswana.The Technical Report has...
2024-09-20 7:30 AM EDT
Premium Nickel Resources Ltd. Announces Board Changes
Toronto, Ontario--(Newsfile Corp. - September 19, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to announce the appointment of Mr. Paul Martin to the Board of Directors of the Company. Mr. Martin was appointed to the Board effective immediately, to fill a vacancy resulting from the retirement from the Board of Mr. John Hick.Mr. Martin is a mining executive with over thirty years' experience at the CEO, CFO and director levels, in challenging and...
2024-09-19 8:00 AM EDT