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Title: Premium Resources Raises $46 million to Advance Two Critical Metal Projects in Botswana

Canada, 16th Apr 2025 – Sponsored content disseminated on behalf of Premium Resources. On April 10, 2025, Premium Resources (TSXV: PREM) (OTC Pink: PRMLF) outlined a six-month plan to advance its two permitted, previously producing copper, nickel and cobalt mines in Botswana, a Tier 1 mining jurisdiction in Africa, known for its diamond mines.Last month, a consortium of institutional investors made sizable early bets on the future of Premium’s Botswana assets. A March 2025, $46 million non-brokered equity financing included the participation of the Fiore Management and Advisory Corporation, headed by Frank Giustra.The underground Selebi Mines were in production between 1980 and 2016. Both Selebi and Selebi North mines, having produced 40 million tonnes of ore, were put into Care & Maintenance due to low metal prices and a failure of the on-site smelter. The underground Selkirk Mine operated between 1989 and 2002 and produced 1 million tonnes of high-grade ore. “The mining laws in Botswana are similar to those in Canada,” Morgan Lekstrom told Guy Bennett, CEO of Global Stocks News (GSN). “It’s a positive environment for Canadian mining corporations to operate. Botswana follows the same environmental and regulatory rules that we are accustomed to.”Currently, diamonds account for around 80% of Botswana’s exports, one-third of fiscal revenues, and one-quarter of GDP. The country is the world’s largest diamond producer by value.“I’ve had the privilege of meeting President Duma Boko,” Lekstrom continued. “He is a Harvard Law School graduate, a passionate politician and a sharp businessman. Boko wants to expand Botswana’s extraction industry beyond diamonds. It’s a smart move. They have the commodities, a skilled workforce and the capacity for ample solar power genera...

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