REG - Atlantic Lithium Ltd - Statement re Media Speculation

Atlantic LithiumAnnouncement

19/10/2023 11:45

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RNS Number : 6941Q  Atlantic Lithium Limited  19 October 2023

 

19 October 2023

Statement re Media Speculation

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium"
or the "Company"), the African-focused lithium exploration and development
company targeting to deliver Ghana's first lithium mine, notes recent
speculation in Ghanaian media in relation to the Company's Mining Lease
application for the Ewoyaa Lithium Project ("Ewoyaa" or the "Project") in
Ghana and issues the following statement.

The Company confirms that it has not yet been granted a Mining Lease in
respect of the Project. There is no certainty as to when this may occur. The
Company will update the market with developments as and when it is appropriate
to do so.

 

 

FOR ANY FURTHER INFORMATION, PLEASE CONTACT:
ATLANTIC LITHIUM LIMITED

Neil Herbert (Executive Chairman)

Amanda Harsas (Finance Director and Company Secretary)

                   www.atlanticlithium.com.au
                   IR@atlanticlithium.com.au
                   Tel: +61 2 8072 0640

 SP Angel Corporate Finance LLP      Yellow Jersey PR Limited      Canaccord Genuity Limited

 Nominated Adviser                   Charles Goodwin               Joint Company Broker

 Jeff Keating                        Bessie Elliot                 Raj Khatri / James Asensio

                                   atlantic@yellowjerseypr.com

 Charlie Bouverat
                             Harry Rees

                                   Tel: +44 (0)20 3004 9512

 Tel: +44 (0)20 3470 0470
                             Tel: +44 (0) 20 7523 4500

 

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 Project. At the Ewoyaa Project,
Atlantic Lithium intends to be producing spodumene concentrate via a simple
gravity only process flowsheet.

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

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