REG - Clontarf Energy PLC - Result of AGM

Clontarf EnergyAnnouncement

Today 14:15

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RNS Number : 9788Q  Clontarf Energy PLC  14 July 2025

 

14 July 2025

 

Clontarf Energy plc

("Clontarf" or "the Company")

 

Result of AGM

 

The Directors of Clontarf Energy plc (AIM: CLON) announce that, at the Annual
General Meeting held today, all resolutions put to shareholders were duly
passed.

The Clontarf Energy plc Chairman updated shareholders on Clontarf's lithium
projects in South America's "lithium triangle", as well as on petroleum
projects in Ghana, and Australia.

 

Working with technical partners, Clontarf Energy continues to innovate in
Direct Lithium & Magnesium Extraction from brines:

 

•  New Direct Extraction Techniques can increase purities, minimise
deleterious elements, and boost throughput.

 

•  Laboratory & pilot plant testing of salar samples, as well as
synthetic brines, have exceeded expectations.

 

•  By extracting 100% of contained Magnesium, we may access two potential
independent income streams - both Lithium and Magnesium.

 

•  The initial pilot plant of our JV technical partner NEXT-ChemX is
progressing well at a trusted partner's industrial site in India.  We now
have the technical and commercial confidence to build larger-scale production
plants, whether in Bolivia or elsewhere, as soon as legal and commercial
requirements are satisfied.

 

•  The Magnesium breakthrough may enable development of salares, in
additional countries, that would not have been economic at current prices
through production of their Lithium content alone.

 

•  Concern over security of supply of both mining and processing of
Critical Resource Minerals is now mainstream in the USA and Europe.
Off-takers are now open to financing arrangements, while EU funding is
available for infrastructural development.

 

•  The next stage is to complete the Memorandum of Understanding, and
process further large brine volumes through the pilot-plant.

 

 

 

ENDS

 

 

For further information please visit http://clontarfenergy.com
(http://clontarfenergy.com/)  or contact:

 

 Clontarf Energy                    +353 (0) 1 833 2833

 David Horgan, Chairman

 Jim Finn, Director

 Nominated & Financial Adviser      +44 (0) 20 7409 3494

 Strand Hanson Limited

 Rory Murphy

 Ritchie Balmer
 Broker                             +44 (0) 207 399 9400

 Novum Securities Limited

 Colin Rowbury

 Public Relations                   +44 (0) 207 138 3206

 BlytheRay

 Megan Ray
 Teneo                              +353 (0) 1 661 4055

 Luke Hogg

 Molly Mooney

 

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