RCS - Atlantic Lithium Ltd - Corporate Update – 2023 OTCQX Best 50 - ALLIF

Atlantic LithiumAnnouncement

20/01/2023 07:00

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RNS Number : 3480N  Atlantic Lithium Limited  20 January 2023

20 January 2023

 

Corporate Update

 Atlantic Lithium in the 2023 OTCQX Best 50

Share listing has enhanced North American investor marketing activities

 

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium"
or the "Company"), the funded African-focussed lithium exploration and
development company targeting to deliver Ghana's first lithium mine, is
pleased to announce that it has been listed in the 2023 OTCQX® Best 50, a
ranking of top performing companies traded on the OTCQX Best Market last year.

 

The OTCQX Best 50 is an annual ranking of the top 50 US and international
companies traded on the OTCQX market. The ranking is calculated based on an
equal weighting of one-year total return and average daily dollar volume
growth in the previous calendar year.

 

The complete 2023 OTCQX Best 50 ranking can be found at the following link:

https://www.otcmarkets.com/files/2023_OTCQX_Best_50.pdf
(https://www.otcmarkets.com/files/2023_OTCQX_Best_50.pdf)

 

Atlantic Lithium trades on the OTCQX under the ticker "ALLIF".

 

Commenting, Neil Herbert, Executive Chairman of Atlantic Lithium, said:

 

"North America has become an important market for existing and prospective
Atlantic Lithium shareholders. Since the Company's shares were listed on
OTCQX in November 2021, we have increased our North American investor
marketing activities and have witnessed the growing demand for exposure to
lithium and the EV battery supply chain.

 

"The OTCQX listing has played an important role in helping the Company to
enhance its corporate profile, whilst also providing easier access to trading
of the Company's shares for investors based in this jurisdiction. As such, we
are proud to be included in the top 50 best-performing companies on the
OTCQX market for 2022.

 

"As we advance the Ewoyaa Lithium Project in Ghana towards production, we will
continue to broaden our shareholder base on an international level."

 

For any further information, please contact:

 

 Atlantic Lithium Limited                                          Tel: +61 2 8072 0640

 Neil Herbert (Executive Chairman)

 Amanda Harsas (Finance Director and Company Secretary)

 www.atlanticlithium.com.au (http://www.atlanticlithium.com.au)
 atlantic@yellowjerseypr.com (mailto:atlantic@yellowjerseypr.com)

 SP Angel Corporate Finance LLP                                    Tel: +44 (0)20 3470 0470

 Nominated Adviser

 Jeff Keating

 Charlie Bouverat

 Canaccord Genuity Limited                                         Tel: +44 (0) 20 7523 4500

 Joint Company Broker

 Raj Khatri

 James Asensio

 Harry Rees

 Liberum Capital Limited                                           Tel: +44 (0) 20 3100 2000

 Joint Company Broker

 Scott Mathieson

 Edward Thomas

 Kane Collings

 Yellow Jersey PR Limited                                          Tel: +44 (0)20 3004 9512

 Henry Wilkinson

 Charles Goodwin

 Bessie Elliot

Notes to Editors:

 

About Atlantic Lithium

www.atlanticlithium.com.au (http://www.atlanticlithium.com.au/)

 

Atlantic Lithium is an AIM and ASX-listed lithium exploration and development
company advancing a portfolio of lithium projects and licenses in Ghana and
Côte d'Ivoire through to production.

 

The Company's flagship project, the Ewoyaa Project in Ghana, is a significant
lithium spodumene pegmatite discovery on track to become Ghana's first lithium
producing mine. The Company signed a funding agreement with Piedmont Lithium
Inc. for US$103m towards the development of the Ewoyaa Project. Based on the
Pre-Feasibility Study, the Ewoyaa Project has indicated Life of Mine revenues
exceeding US$4.84bn, producing a spodumene concentrate via simple gravity only
process flowsheet.

 

Atlantic Lithium holds 560km(2) & 774km(2) of tenure across Ghana and
Côte d'Ivoire respectively, comprising significantly under-explored, highly
prospective licenses.

 

 

 

 

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