REG - Atlantic Lithium Ltd - Update re the Ewoyaa Mining Lease

Atlantic LithiumAnnouncement

Thu 07:00

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RNS Number : 1087L  Atlantic Lithium Limited  11 December 2025

11 December 2025

Update re the Ewoyaa Mining Lease

Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, "Atlantic Lithium"
or the "Company"), the Africa-focused lithium exploration and development
company targeting the delivery of Ghana's first lithium mine, provides the
following update regarding the status of the Mining Lease in respect of its
flagship Ewoyaa Lithium Project ("Ewoyaa" or the "Project") in Ghana.

The Company notes that the Parliament of Ghana has temporarily withdrawn the
Mining Lease from consideration to allow for further consultation in respect
of Ghana's current mining code and the application of royalties.

As the country's most advanced lithium project, we remain in discussion with
the Government regarding the best way forward to deliver upon Ghana's critical
minerals objectives.

The Company remains dedicated to securing terms for the Mining Lease that
generate value for shareholders and its host communities and supports the
Government's commitment to securing a path towards delivering long-term
benefits for Ghana through its mineral production.

The Company remains confident that ratification of the Mining Lease will be
forthcoming in accordance with due parliamentary process and is supporting the
process where possible.

Further updates will be provided to shareholders as and when appropriate.

 

 

Authorised for release by Amanda Harsas, Finance Director and Company
Secretary, Atlantic Lithium Limited.

 

 

For any further information, please contact:

Atlantic Lithium Limited

Keith Muller (Chief Executive Officer)

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                                                    Financial Adviser:

 Jeff Keating                        Bessie Elliot                                                      Raj Khatri (UK) /

                                   atlantic@yellowjerseypr.com (mailto:atlantic@yellowjerseypr.com)

 Charlie Bouverat
                                                                  Duncan St John, Christian Calabrese (Australia)

                                   Tel: +44 (0)20 3004 9512

 Tel: +44 (0)20 3470 0470

                                                                                                        Corporate Broking:

                                                                                                        James Asensio

                                                                                                        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, ASX and GSE-listed lithium company advancing its
flagship project, the Ewoyaa Lithium Project, a lithium spodumene pegmatite
discovery in Ghana, through to production to become the country's first
lithium-producing mine.

The Company published a Definitive Feasibility Study in respect of the Project
in July 2023. The Project was awarded a Mining Lease in October 2023, an
Environmental Protection Authority ("EPA") Permit in September 2024, and a
Mine Operating Permit in October 2024 and is being developed under an earn-in
agreement with Elevra Lithium Limited.

Atlantic Lithium holds a portfolio of lithium projects within 509km(2) and
771km(2) of granted and under-application tenure across Ghana and Côte
d'Ivoire respectively, which, in addition to the Project, comprises
significantly under-explored, highly prospective licences.

 

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