Published: 22 November 2018

Premier African Minerals says it has converted a $300 000 loan availed by chief executive George Roach into equity.

Last week, the company's board agreed to amend terms of the existing loan agreement by granting conversion rights with respect to the entire loan amount in return for cancellation of the loan's security over the company's shareholding of 6.1 million shares in ARC Minerals Limited.
- Dailynews

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