REG - CleanTech Lithium - Update to Legal Claim in Chile

Cleantech LithiumAnnouncement

22/04/2026 07:00

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RNS Number : 3842B  CleanTech Lithium PLC  22 April 2026

22 April 2026

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

Update to Legal Claim in Chile

 

CleanTech Lithium (AIM: CTL, Frankfurt: T2N), an exploration and development
company advancing sustainable lithium projects in Chile, provides an update in
relation to a legal claim involving its wholly owned subsidiary CleanTech
Laguna Verde SpA ("CLV").

As previously reported on 1 December 2025, a civil legal claim was lodged by
the vendors of 23 mining concessions at Laguna Verde (the "LV Vendors")
against CLV in relation to the non-payment of the second instalment as part of
the sales and purchase agreement, details of which were announced on 22 April
2024. While there has been no further developments of that civil claim, the
Company understands that a related criminal complaint has now been filed by
the LV Vendors to a local court in the Atacama Region against CLV, CleanTech
Lithium Ltd and Atacama Salt Lakes SPA, both subsidiaries of the Company, and
certain Directors and Officers of the group, covering substantially the same
matters.

These allegations are denied by the parties concerned and the Company views
these in the context of the previously announced contractual dispute. The
Company does not believe that this new legal action has any impact on its
operations and strategic plans but will provide further updates to the market
as appropriate.

 

 For further information contact:
 CleanTech Lithium PLC
 Ignacio Mehech/Gordon Stein/Nick Baxter       Office: +44 (0) 1534 668 321

                                               Mobile: +44 (0) 7494 630 360

                                               Email: info@ctlithium.com
 Beaumont Cornish Limited (Nominated Adviser)  +44 (0) 20 7628 3396

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

 Daniel Fox-Davies                             daniel@istarcapital.com (mailto:daniel@istarcapital.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, Frankfurt:T2N) is an exploration and development
company advancing lithium projects in Chile for the clean energy transition.
CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and
Viento Andino, and exploration stage project in Arenas Blancas (Salar de
Atacama), located in the lithium triangle, a leading centre for battery grade
lithium production. CleanTech Lithium and the Mining Ministry in Chile have
agreed the contractual terms for the Special Lithium Operating Contract
("CEOL") for Laguna Verde, subject to final ratification.

 

CleanTech Lithium is committed to utilising Direct Lithium Extraction ("DLE")
with reinjection of spent brine. 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. For
more information, please visit: www.ctlithium.com (http://www.ctlithium.com)

 

Previously reported announcements relevant to the subject of this
announcement:

01 December 2025 - Legal action against subsidiary of CleanTech Lithium
(https://polaris.brighterir.com/public/cleantech_lithium/news/xml_rns/story/w6000qw)

20 October 2025 - Update to Certain Laguna Verde Licence Payments
(https://polaris.brighterir.com/public/cleantech_lithium/news/xml_rns/story/rneolnr)

22 October 2024 - Update to Laguna Verde Licence Payment Terms
(https://polaris.brighterir.com/public/cleantech_lithium/news/xml_rns/story/xjz0pnr)

22 April 2024 - Acquisition of Laguna Verde licences previously held under
option and Issue of Convertible Loan Notes
(https://polaris.brighterir.com/public/cleantech_lithium/news/xml_rns/story/xzed1px)

 

 

**ENDS**

 

 

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