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RNS Number : 5271C Atlantic Lithium Limited 13 June 2023
13 June 2023
Corporate Update
Resignation of Director
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, announces
that, after 10 years, Stuart Crow will step down from the Board with immediate
effect to focus on his other business interests.
As Senior Non-Executive Director Mr Crow has played a leading role in guiding
the Company through its transformation to become a near-term, significant
lithium producer.
As the Company's leadership team continues to take shape with the focus on
first production from its Ewoyaa Lithium Project, Mr Crow has decided to step
back from his role to focus on his other business ventures, where his
increasing involvement will be greatly valued.
Commenting, Neil Herbert, Executive Chairman of Atlantic Lithium, said:
"Stu has served as a highly valued member of the Atlantic Lithium Board for
over a decade. In this time, he has played a significant role in the Company's
ability to weather commodity and market cycles and his insights have been
vital in advancing the Company from junior multi-commodity explorer to
near-term lithium producer.
"On behalf of the Board, I would like to thank Stu for the considerable
contributions he has made towards the growth of the Company. We wish him every
success in all his business endeavours."
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)
IR@atlanticlithium.com.au
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
Kane Collings
Yellow Jersey PR Limited Tel: +44 (0)20 3004 9512
Charles Goodwin
Bessie Elliot
atlantic@yellowjerseypr.com (mailto:atlantic@yellowjerseypr.com)
Notes to Editors:
About Atlantic Lithium
www.atlanticlithium.com.au (http://www.atlanticlithium.com.au/)
Atlantic Lithium is an AIM and ASX-listed lithium company advancing a
portfolio of lithium projects 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. towards the development of the Ewoyaa Project. Atlantic Lithium
is currently advancing the Ewoyaa Project through feasibility studies and
intends to be 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 licences.
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