Australia's Atlantic Lithium hits over 6-month high on securing funding for Ghana project

Atlantic Lithium

03/09/2025 02:13

** Shares of Atlantic Lithium A11.AX rise 13.9% to A$0.205, highest level since February 19

** Lithium explorer set for best day since late June, if current gains hold

** Co secures funding of up to 28 million pounds ($37.83 million) to develop its Ewoyaa lithium project in Ghana towards production

** Co enters binding financing agreements with investment co Long State Investments for a placement and equity facility

** Stock down ~38% this year, including the day's move

($1 = 0.7402 pounds)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))