REG - CleanTech Lithium - Result of GM Admission of Retail Offer Shares TVR

Cleantech LithiumAnnouncement

24/03/2025 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250324:nRSX9038Ba&default-theme=true

RNS Number : 9038B  CleanTech Lithium PLC  24 March 2025

24 March 2025

CleanTech Lithium PLC ("CleanTech Lithium" or the "Company")

Results of General Meeting, Admission of Retail Offer Shares and Total Voting
Rights

 

 

CleanTech Lithium PLC (AIM: CTL), an exploration and development lithium
company in Chile, is pleased to announce that at the General Meeting ("GM")
held earlier today all the resolutions were duly passed.

 

Retail Offer

On 10 March 2025 the Company announced the Retail Offer had conditionally
raised £143,980, in addition to the £2.4 million raised from a Placing
announced on 11 February 2025. 899,873 new ordinary shares ("Retail Offer
Shares") will be issued to existing retail shareholders who subscribed via the
BookBuild platform at a price of 16 pence per Retail Offer Share pursuant to
the Retail Offer.

 

It is expected that Admission will become effective, and trading of the Retail
Offer Shares will commence on AIM, at 8.00 a.m. on 25 March 2025.

 

Total Voting Rights

Following the issue of the Retail Offer Shares, the Company will have a total
of 100,346,774 Ordinary Shares in issue. The Company does not hold any
Ordinary Shares in treasury and accordingly the total number of voting rights
in the Company is 100,346,774.

 

With effect from Admission, this figure may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in the
Company, under the Disclosure Guidance and Transparency Rules of the Financial
Conduct Authority.

 

Words and expressions defined in the Company's announcement of 10 March
2025 shall have the same meaning in this announcement.

 

For further information please visit https://ctlithium.com/
(https://ctlithium.com/)

 

 For further information contact:
 CleanTech Lithium PLC
 Steve Kesler/Gordon Stein/Nick Baxter         Jersey office: +44 (0) 1534 668 321

                                               info@ctlithium.com (mailto:info@ctlithium.com)

                                               Chile office: +562-32239222
 Beaumont Cornish Limited (Nominated Adviser)  +44 (0) 20 7628 3396

 Roland Cornish/Asia Szusciak
 Fox-Davies Capital Limited (Joint Broker)     +44 (0) 20 3884 8450

 Daniel Fox-Davies                             daniel@fox-davies.com (mailto:daniel@fox-davies.com)
 Canaccord Genuity (Joint Broker)              +44 (0) 20 7523 4680

 James Asensio

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

Notes

CleanTech Lithium (AIM:CTL) is an exploration and development company
advancing lithium projects in Chile for the clean energy transition.
Committed to net-zero, CleanTech Lithium's mission is to become a new supplier
of battery grade lithium using Direct Lithium Extraction technology powered by
renewable energy.

CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and
Viento Andino, and exploration stage projects in Llamara and Arenas Blancas
(Salar de Atacama), located in the lithium triangle, a leading centre for
battery grade lithium production. The two most advanced projects: Laguna Verde
and Viento Andino are situated within basins controlled by the Company,
which affords significant potential development and operational advantages.
All four projects have good access to existing infrastructure.

CleanTech Lithium is committed to utilising Direct Lithium Extraction with
reinjection of spent brine resulting in no aquifer depletion. Direct Lithium
Extraction is a transformative technology which removes lithium from brine
with higher recoveries, short development lead times and no extensive
evaporation pond construction. www.ctlithium.com (http://www.ctlithium.com/)

 

**ENDS**

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ROMBBGDXUUDDGUS