REG - Aterian PLC - Morocco Statement

AterianAnnouncement

12/09/2023 12:30

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RNS Number : 1954M  Aterian PLC  12 September 2023

12 September 2023

 

Morocco Statement

 

Aterian Plc

("Aterian" or the "Company")

 

 

Aterian Plc (LSE: ATN), the critical and strategic metal-focused exploration
and development company, extends its support and sympathy to the people of
Morocco in the aftermath of the recent natural disaster. While our employees
and operations have not been directly impacted, our thoughts are with all
those affected by the earthquake, and we offer our support to the country
during these difficult and challenging times.

 

"We are deeply saddened by the devastation caused by the recent earthquake in
Morocco. Our thoughts and prayers are with the affected communities. Aterian
plc is committed to providing immediate assistance and longer-term support to
help Morocco recover and rebuild." said Simon Rollason, CEO at Aterian plc.

 

Aterian plc is dedicated to corporate social responsibility and understands
the importance of being a responsible and compassionate corporate citizen. We
believe in the strength of unity during such difficult times and are ready to
stand with the Kingdom of Morocco as the nation embarks on the path to
recovery.

 

 

- ENDS -

 

 

For further information, please visit the Company's website:
www.aterianplc.com (http://www.aterianplc.com) or contact:

 

Aterian Plc:

Charles Bray, Executive Chairman - charles.bray@aterianplc.com
(mailto:charles.bray@aterianplc.com)

Simon Rollason, Director - simon.rollason@aterianplc.com
(mailto:simon.rollason@aterianplc.com)

 

Financial Adviser and Broker:

Novum Securities Limited

David Coffman / George Duxberry

Tel: +44 (0)207 399 9400

 

Financial PR:

Bald Voodoo - ben@baldvoodoo.com

Ben Kilbey

Tel: +44 (0)7811 209 344

Notes to Editors:

About Aterian Plc

www.aterianplc.com (http://www.aterianplc.com)

 

Aterian plc is an LSE-listed exploration and development company with a
diversified African portfolio of critical and strategic metals/minerals
projects.

Aterian plc is actively seeking to acquire and develop new critical and
strategic metal resources to strengthen its existing asset base whilst
supporting ethical and sustainable supply chains as the world transitions to a
sustainable, renewable future. The supply of these metals is vital for the
development of the renewable energy, automotive and electronic manufacturing
sectors that are playing an increasing role in reducing carbon emissions and
meeting climate ambitions globally.

 

The Company recently entered into a joint venture agreement with Rio Tinto
Mining and Exploration Limited for Rio Tinto to earn into the HCK project in
southern Rwanda and holds two further partnerships in Rwanda exploring and
developing lithium-tantalum-niobium-tin mining operations. In October 2022,
the Company acquired Aterian Resources Limited, a wholly owned battery
metals-focused subsidiary of Elemental Altus Royalties Corporation. Aterian
currently holds a portfolio of 17 copper-silver and base metal projects with a
project area of 897 km(2) in the Kingdom of Morocco.

 

The Company's strategy is to seek new exploration and production opportunities
across the African continent and to develop new sources of strategic and
critical mineral assets for exploration, development, and trading.

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