Last checked at 26 Nov 2021 07:00
26 November 2021
Issue of options
New OTCQX Ticker 'ALLIF'
Atlantic Lithium Limited (AIM: ALL, 'Atlantic' or the 'Company'), the African focussed lithium exploration and development company, has issued the unlisted options set out below to a New York based proprietary research and capital markets advisory firm focused on the lithium-ion battery materials supply chain which the Company has engaged to assist with enhancing awareness of Atlantic in the US equity markets.
Unlisted Options
Number of Options Strike Price Term to Expiry
1,000,000 30 pence 18 August 2023
1,000,000 40 pence 18 August 2023
1,000,000 50 pence 18 August 2023
The Company will commence trading on the OTCQX market under its new ticker 'ALLIF' with effect from today, 26th November 2021.
Atlantic also encourages existing and prospective shareholders to follow the Company's social media channels for real-time access to investor presentations, videos and updates:
Twitter: https://twitter.com/AtlanticLithium
LinkedIn: https://www.linkedin.com/company/atlantic-lithium-limited/
YouTube: https://www.youtube.com/channel/UC4G-Ufl7tHFcgkokwp-sK-w/featured
AIM announcements: https://www.atlanticlithium.com.au/aim-announcements
Proactive Investors: https://www.proactiveinvestors.co.uk/LON:ALL/Atlantic-Lithium-Ltd
Mining Review Africa profile: https://www.miningreview.com/Atlantic-lithium/
For any further information, please contact:
Atlantic Lithium Limited Vincent Mascolo (Chief Executive Officer) Amanda Harsas (Company Secretary) www.atlanticlithium.com.au | Tel: +61 2 8072 0640 | ||
|
| ||
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 Matheson Edward Thomas Kane Collings |
Tel: +44 (0) 20 3100 2000
| ||
SI Capital Limited Joint Company Broker Nick Emerson Jon Levinson |
Tel: +44 (0) 1483 413 500 Tel: +44 (0) 207 871 4038 | ||
|
| ||
Yellow Jersey PR Limited Henry Wilkinson Dominic Barretto
| Tel: +44 (0)20 3004 9512 |
Notes to Editors:
About Atlantic Lithium
www.atlanticlithium.com.au
Atlantic Lithium (formerly "IronRidge Resources") is an AIM-listed lithium company advancing a portfolio of projects in Ghana and Côte d'Ivoire through to production.
The Company's flagship project, the Ewoyaa Project in Ghana, is a significant lithium pegmatite discovery on track to become West Africa's first lithium producing mine. The project is fully funded to production under an agreement with Piedmont Lithium for US$102m and set to produce a premium lithium product. A robust Scoping Study indicates Life of Mine revenues exceeding US$1.5bn.
Atlantic holds a 560km2 & 774km2 tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licenses.