---
title: "PREM: Losses narrowed as Zulu upgrades progressed, but funding and Canmax extension remain critical"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291307754.md"
description: "Losses narrowed year-over-year as Zulu plant upgrades showed promising commissioning results, but going concern remains dependent on extending the Canmax agreement and securing further funding. Equity raises supported operations, while RHA remains impaired but may benefit from improved tungsten prices.Original document: Premier African Minerals Ltd. [PREM] Annual Financial Statement — Jun. 30 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-06-30T15:19:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291307754.md)
  - [en](https://longbridge.com/en/news/291307754.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291307754.md)
generator: "portal-rs"
---

# PREM: Losses narrowed as Zulu upgrades progressed, but funding and Canmax extension remain critical

Losses narrowed year-over-year as Zulu plant upgrades showed promising commissioning results, but going concern remains dependent on extending the Canmax agreement and securing further funding. Equity raises supported operations, while RHA remains impaired but may benefit from improved tungsten prices.

Original document: Premier African Minerals Ltd. \[PREM\] Annual Financial Statement — Jun. 30 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**