Last checked at 23 Jun 2023 11:00
23 June 2023
Corporate Update
Board Appointments
Keith Muller and Patrick Brindle join Atlantic Lithium Board
Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the African-focussed lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to confirm the appointments of Chief Executive Officer ("CEO") Keith Muller and Patrick Brindle to the Company's Board of Directors following the completion of regulatory due diligence, as announced on 1 June 2023.
Mr Muller was appointed as CEO of the Company on 16 May 2023, having joined Atlantic Lithium in November 2022, initially as Chief Operating Officer. He has over 20 years of operational and leadership experience and a background in hard rock lithium mining and processing. His previously roles include as Business Leader and as General Manager at Allkem, where he was involved in the operation of the Mt Cattlin lithium mine in Western Australia and, prior to that, as Operations Manager and Senior Mining Engineer at Simec.
Mr Brindle currently serves as Executive Vice President & Chief Operating Officer at Piedmont Lithium Inc. (NASDAQ: PLL, ASX: PLL, "Piedmont"). Mr Brindle joins the Board to take up the Non-Executive Director position available to Piedmont. Since joining Piedmont in January 2018, he has also held roles as Vice President of Project Management and as Chief Development Officer. Before joining Piedmont, he was Vice President of Engineering for DRA Taggart, a subsidiary of DRA Global, an engineering firm specialising in project delivery of mining and mineral processing projects globally. He has more than 20 years' experience in senior management and engineering roles and has completed EPC projects around the world.
The appointments of Keith Muller and Patrick Brindle add invaluable engineering and mine management experience to the Atlantic Lithium Board at a pivotal time for the advancement of the Company's Ewoyaa Lithium Project in Ghana.
Regulatory Disclosures
The information required by Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies in relation to the appointment of Keith Muller (age 39) is as follows:
Current directorships | Previous directorships |
Bulletin Resources Limited | None |
Barari DV Ghana Limited | |
Moda Minerals Limited | |
Joy Transporters Limited | |
Charger Minerals Ghana Limited | |
Green Metals Resources Limited |
Keith Muller holds a beneficial interest in a total of 6,000,000 unlisted options in the Company, being:
· 2,000,000 unlisted options exercisable at 60p each expiring on 29 November 2024
· 2,000,000 unlisted options exercisable at 70p each expiring on 29 November 2024
· 2,000,000 unlisted options exercisable at 50p each expiring on 16 May 2025
The information required by Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies in relation to the appointment of Patrick Harold Brindle (age 46) is as follows:
Current directorships | Previous directorships |
Piedmont Lithium International Canada BC ULC | Lantern Resources Pty Ltd |
Piedmont Lithium Quebec Holdings, LLC | |
Piedmont Lithium Ghana Holdings, LLC | |
Piedmont Lithium Carolinas, Inc. | |
Gaston Land Company, LLC | |
LASEC Group, LLC | |
PLNC Land, LLC | |
PLNC Holdings, LLC | |
PLTN Holdings, LLC | |
PLTN Land, LLC | |
PLTN Real Estate, LLC | |
PLIH GP, LLC | |
Piedmont Lithium International Holdings LP | |
S&P Development Company, LLC | |
American Resources Management, LLC |
Patrick Brindle holds a beneficial interest in 108,000 Ordinary Shares of the Company.
Save for the information set out above, there are no further disclosures to be made in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointments of Keith Muller and Patrick Brindle to the Company's Board of Directors.
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
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SP Angel Corporate Finance LLP Nominated Adviser Jeff Keating Charlie Bouverat |
Tel: +44 (0)20 3470 0470 |
Canaccord Genuity Limited Joint Company Broker Raj Khatri James Asensio Harry Rees |
Tel: +44 (0) 20 7523 4500
|
Liberum Capital Limited Joint Company Broker Scott Mathieson Kane Collings |
Tel: +44 (0) 20 3100 2000
|
Yellow Jersey PR Limited Charles Goodwin Bessie Elliot atlantic@yellowjerseypr.com
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Tel: +44 (0)20 3004 9512 |
Notes to Editors:
About Atlantic Lithium
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 Ewoyaa Project. Atlantic Lithium is currently advancing the Ewoyaa Project through feasibility studies and intends to be producing a spodumene concentrate via simple gravity only process flowsheet.
Atlantic Lithium holds 560km2 & 774km2 of tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licences.