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

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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.

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 generation.”

Recent interest in the Selebi and Selkirk Mines has been catalysed by a surge in demand for critical metals required for the green energy transformation (Solar, EVs).  In the last five years, as demand drivers intensify, the price of copper has increased 92% – from USD $2.36/lb to $4.50/lb.

Premium Resource’s 6-month targeted milestones:

Exploration and Development

Selebi Main Surface Drilling Program to Target a Potential 3rd Horizon – An initial surface exploration drill program is extending historic drill holes, targeting a large Borehole Electromagnetic (BHEM) plate that could represent a new mineralized horizon 150 metres beneath the Selebi Main resource.

“BHEM results correlate directly with massive sulphides,” Lekstrom told GSN. “It can help identify and locate conductive ore bodies.”

Hinge Drilling Between Selebi Mine Deposits – Surface drilling program targeting BHEM plates in the untested 2-kilometre-long area between the Selebi North and Selebi Main deposits referred to as the hinge. These BHEM targets potentially represent additional mineralization between the two deposits. 

Selebi North Underground Resource Expansion Drilling – Exploring along strike, down-dip and down-plunge of the Mineral Resource Estimate footprint, targeting resource expansion and focusing on areas with strong BHEM response from the N3, N2 and South Limbs.

Selebi Mine Underground Development – Development of a dual-purpose exploration drift from Selebi North is set to commence soon. This will permit both in-fill drilling and exploration drilling at Selebi North.

Selkirk – Surface drilling program for resource expansion and metallurgical test work samples for flowsheet development. The drill core from this program will also be used for preliminary XRT pre-concentration studies.

Advancing Project Economics 

Metallurgical Sampling and Testing – Selebi flotation studies ongoing.

Evaluating XRT (“X-ray Transmission”) ore sorting – potential to have a significant impact on waste rock removal, which positively impacts the head feed grade to the concentrate flowsheet, with potential application at both Selebi and Selkirk. 

Evaluating IDEON Technologies for applying Muon Tomography to create 3D density maps of subsurface mineralization at Selebi and Selkirk.

“We are embarking on an accelerated growth curve that will not only highlight the scale of Selebi and the significance of the hinge zone, but also address key metallurgical questions,” stated Lekstrom in the April 10, 2025 press release.

“The high-grade poly-metallic nature of Selebi, its substantial size, our upcoming drilling and the planned metallurgical work are the critical and simultaneous steps in the larger vision of potentially building a world-class, generational critical metals project,” added Lekstrom.

“China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world,” reported the New York Times (NYT) on April 13, 2025.

“Shipments have been halted at many Chinese ports while the Chinese government drafts a new regulatory system,” added the NYT. “Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.”

“The official crackdown is part of China’s retaliation for President Trump’s sharp increase in tariffs that started on April 2, 2025,” added the NYT.

Concurrent with the March 18, 2025 $46 million financing, PREM announced that the Cymbria Corporation, an affiliate of PREM’s largest shareholder, EdgePoint Investment Group, converted $20.8 million of debt into shares.  EdgePoint manages about $40 billion in global assets.

The $67 million total recapitalization of PREM is a validation of the premise that Selebi and Selkirk can play a role in helping the Western world to decouple from China’s critical mineral supply chains.

The technical information presented in this news release has been reviewed and approved by Sharon Taylor, Vice President Exploration, who is the Qualified Person for technical disclosure at Premium Resources, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”. 

Contact: guy.bennett@globalstocksnews.com

Disclaimer: Premium Resources paid Global Stocks News (GSN) $1,750 for the research, writing and dissemination of this content. 

Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate” and “target,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly. 

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Drug-Free Tennessee Helps Youth in Ripley Tackle the Truth About Drugs

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Nashville, TN, 18th June 2025, ZEX PR WIRE, This past weekend, youth attending a local football camp in Ripley got more than just practice on the field—they received life-changing information that could help them avoid dangerous pitfalls in the future. Volunteers from Drug-Free Tennessee were on hand to educate young athletes about the realities of substance abuse, delivering powerful prevention materials from the Truth About Drugs program.

Each participant at the camp received a full set of educational booklets detailing the harmful effects of various commonly abused substances—from marijuana and alcohol to fentanyl and prescription drugs. The booklets are part of a nationwide campaign to empower young people with factual, engaging, and age-appropriate information so they can make informed choices and resist peer pressure.

“The goal is to reach kids before the dealers do,” said Julie Brinker, Ambassador for Drug-Free Tennessee. “By giving them the facts in a way that’s easy to understand, they’re more likely to say no when someone offers them something dangerous.”

At the close of the event, each youth took a personal pledge to live a drug-free life, signing a poster to mark their commitment. The pledge served not only as a reminder of the day’s lessons but as a promise to themselves, their families, and their teammates to stay healthy and focused on a brighter future.

Drug-Free Tennessee works year-round to bring drug education and prevention to communities across the state through school programs, community events, and partnerships with youth groups. The group utilizes the Truth About Drugs program developed by Foundation for a Drug-Free World, a nonprofit organization that has distributed millions of booklets globally.

For more information or to request materials or a presentation, visit www.drugfreetn.org.

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THAIFEX – ANUGA ASIA 2025 Opens with Global Significance Commerce Minister “Pichai” Leads Welcome for Buyers from 140 Countries

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Bangkok, Thailand, 18th June 2025, ZEX PR WIREOn 27 May 2025, at IMPACT Exhibition and Convention Centre, Muang Thong Thani, Mr. Pichai Naripthaphan, Minister of Commerce, presided over the official opening of THAIFEX – ANUGA ASIA 2025, Asia’s leading food and beverage trade show. The event offers a unique opportunity for businesses to explore cutting-edge food innovations from around the world, engage in trade negotiations, and reaffirm Thailand’s position as a global leader in the food industry under the “Thai Kitchen to the World” policy. The show is jointly organized by the Department of International Trade Promotion (DITP) of Ministry of Commerce, Thai Chamber of Commerce, and Koelnmesse Germany.

Mr.Pichai Naripthaphan, Minister of Commerce stated that Thailand has long been globally recognized for its strengths in the food industry—from the abundance and diversity of raw materials to its rich natural resources and unique culinary culture. With these advantages, the government has continuously driven forward the “Thai Kitchen to the World” policy to elevate the quality of Thai food to international standards. As a result, in 2024, Thailand was ranked as the 12th largest food exporter in the world, and the country’s export value in 2025 is projected to reach 1.75 trillion baht, representing a 6.8% increase from the previous year.

THAIFEX – ANUGA ASIA serves as a key mechanism through which the Ministry of Commerce drives the development of Thailand’s food industry. Recognized as the fourth largest food and beverage trade show in the world, the event provides a vital platform for Thai food businesses of all sizes—from SMEs and startups to major corporations—to engage in trade negotiations, build international business partnerships, and expand their export opportunities in a tangible and impactful way.

This year’s edition of THAIFEX – ANUGA ASIA has expanded significantly in both scale and participation. Over 3,200 companies from Thailand and 56 other countries are showcasing their products across more than 6,200 booths, covering every major segment of the food industry—from agricultural products and processed foods to food technologies and related innovations. The event is expected to welcome more than 90,000 trade visitors from 140 countries throughout the trade days, generating a projected trade value of over 98 billion baht, both in immediate orders and within one year following the event.

“The success of this event and the continued growth of the food industry clearly reflect Thailand’s potential to become a global hub for the food business and a trusted food reserve for the world,” said Mr. Pichai. “Thailand is well-equipped on all fronts—with world-class infrastructure, a strong business network, and steadfast government support. These elements play a vital role in building international confidence and positioning Thailand as a future global center for service industries.”

THAIFEX – ANUGA ASIA 2025 will host trade days from 27–30 May 2025, from 10.00-18.00 hrs. and will open for both trade and public visitors on 31 May 2025, from 10.00-20.00 hrs. The event will take place at IMPACT Challenger Hall 1–3 and IMPACT Exhibition Center Hall 5–12, IMPACT Muang Thong Thani.

In addition to a comprehensive showcase of food and beverage products across all categories, the event features special exhibitions, seminars, and curated activities designed to update attendees on the latest food trends, shifting consumer demands, and other valuable industry insights—creating a fresh, forward-looking experience that supports business growth and long-term success.

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BLOOD and GOLD: A Wake-Up Call Wrapped in Truth

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New release from debut author Christie Sikora unveils the tragedy behind the triumph — and the truth behind the silence

Costa Mesa, CA, 18th June 2025, ZEX PR WIRE, The world came to Munich in 1972 to witness dreams come true. What unfolded instead was a tragedy that shook global consciousness — and left behind questions that have remained unanswered for over fifty years.

In her groundbreaking debut, BLOOD and GOLD: Athletes, Tragedies & Dynamism of Peace, Christie Sikora revisits the darkest day in Olympic history with one goal: to reveal the truth — and offer a path toward understanding.

Based entirely on factual truths, BLOOD and GOLD is not just a history lesson — it’s a mirror. Through investigative depth and emotional clarity, Sikora reveals the personal stories, political decisions, and human consequences that converged in Munich. Her mission is clear: to bring light where silence once stood.

“BLOOD and GOLD is not a book about blame,” says Sikora. “It’s a book about accountability, empathy, and awakening. It’s about the lives that were shattered, the voices that were ignored, and the lessons that still haven’t been learned.”

The book explores:

• The historical context that led to the tragedy
• The political missteps and ignored warnings
• The athletes and families caught in the crossfire
• And the urgent need for global peace, personal healing, and deeper truth

Sikora’s work challenges the black-and-white narratives that have dominated for decades, instead presenting a deeply human, powerfully nuanced account. She offers hope — not through idealism, but through courage, conversation, and clarity.

Every purchase of BLOOD and GOLD supports change:

• A $0.25 donation goes to Doctors Without Borders, delivering critical medical aid to crisis zones.
• A $0.25 contribution supports Dynamism to Peace International Foundation, funding trauma recovery programs for women, children, and survivors of violence worldwide.

About the Author

Christie Sikora writes with a voice that is bold, unflinching, and guided by compassion. BLOOD and GOLD is the culmination of years of research, advocacy, and soul-searching — and is already being called a “blueprint for global empathy.” Her goal is to transform not just how we remember, but how we move forward.

Where to Find It

BLOOD and GOLD: Athletes, Tragedies & Dynamism of Peace is now available at authorchristiesikora.com, Barnes & Noble, and select retailers. A nationwide tour of signings, interviews, and online panels will accompany the release.

For interviews, inquiries, or partnership opportunities:
Den Wasserman
pr@evrimachicago.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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