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Wednesday, February 04, 2026 11:28:17 AM
Premier Development & Investment, Inc. Confirms Material Acquisitions in Further Lithium and Uranium Exploration Properties
December 16 2025 - 6:30AM
Premier Development & Investment, Inc. (OTC: PDIV) (“The Company” or “Premier”) is in a position to confirm that substantial additions have been made to our Lithium and Uranium Exploration Interests.We will be now filing extensive documentation in respect of all matters set out in this Release and on OTCIQ as is required for any and all material events. We will be updating shareholders on a very regular basis and assisted by an IR firm.
The key material events being confirmed today are as follows:
We have expanded our existing Lithium and Uranium Exploration interests in Nevada where we hold “Silverpeak” which encompasses some 1,300 acres with the acquisition of “Hombre” (480 acres) and “Stonewall Flat” (1,245 acres). An additional 840 acres at “Hombre” was staked and completed yesterday. Our other interests are “Gallinas Mountains” in New Mexico which are Rare Earths.
We amended all of the existing Agreements removing minority interests and “Earn In” Agreements. All Exploration Properties are now 100% owned and controlled directly by Premier.
Holders of existing PIK Notes totaling $2 million disposed of the same to an Investment Group. They will be converted into interest free and unsecured long term liabilities.Holders of existing Convertible Loan Notes totaling $6 million disposed of the same to the same Investment Group. They will be converted into interest free and unsecured long term liabilities.Given that 88% of the Company’s outstanding Common Stock are subject to a five year “lock up” which have 3 years remaining and coupled with a very small DTC “free float”; our intention is to increase our “free float” in a reasonable manner and subject to the willingness of Convertible Loan Note Holders to convert. To that end; we have just managed to secure the support of one Note Holder which should result in increased liquidity in the trading of our stock and hopefully start to eliminate wild stock price movements on tiny trading volumes.
Premier is outsourcing all exploration activity (including drilling) to a Nevada based Geological Company under the guidance of our Consulting Geologist.
Our existing financing arrangements are being renegotiated and it is intended to achieve cash of some $5 million during Q1. This cash will be managed by a specialist trading firm in Equities, Derivative Instruments and Futures. They will receive a percentage of realized gains. Our objective is to generate suitable cash profitability to offset General Corporate Expenses and most importantly, Mining Exploration costs.
Premier holds 31% of GNCC Capital, Inc. (“GNCC”), a Gold and Silver Exploration Company quoted on the EXPERT Market under Symbol: GNCP. We can advise that we are increasing our holdings in GNCC to that of 49% this month. Premier has been the long standing (and sole) funder of GNCC; and continues to be. We are exploring options for GNCC given the strength in both Gold and in Silver.
Shareholders are advised that all of the above-mentioned will be reflected and accounted for in our December 31, 2025 Financial Year End Report.
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- Premier Development & Investment, Inc. Update to Shareholders • GlobeNewswire Inc. • 02/11/2026 11:00:00 AM
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- Premier Development & Investment, Inc. Confirms Material Acquisitions in Further Lithium and Uranium Exploration Properties • GlobeNewswire Inc. • 12/16/2025 11:30:00 AM
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