Last checked at 19 Oct 2023 11:35
19 October 2023
Statement re Media Speculation
Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the African-focused lithium exploration and development company targeting to deliver Ghana's first lithium mine, notes recent speculation in Ghanaian media in relation to the Company's Mining Lease application for the Ewoyaa Lithium Project ("Ewoyaa" or the "Project") in Ghana and issues the following statement.
The Company confirms that it has not yet been granted a Mining Lease in respect of the Project. There is no certainty as to when this may occur. The Company will update the market with developments as and when it is appropriate to do so.
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 | Yellow Jersey PR Limited Charles Goodwin Bessie Elliot atlantic@yellowjerseypr.com Tel: +44 (0)20 3004 9512
| Canaccord Genuity Limited Joint Company Broker Raj Khatri / James Asensio Harry Rees Tel: +44 (0) 20 7523 4500 | |
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 Project. At the Ewoyaa Project, Atlantic Lithium intends to be producing spodumene concentrate via a simple gravity only process flowsheet.
Atlantic Lithium holds 560km2 and 774km2 of tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licences.