25 May 2022 13:00
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25 May 2022
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Corporate Update
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Response to media articles
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Atlantic Lithium Limited (AIM: ALL, OTC: ALLIF, "Atlantic Lithium" or the "Company"), the African focused lithium exploration and development company, notes recent media articles referring to a potential investment in the Company by Ghana's Minerals Income Investment Fund ("MIIF").
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The Company confirms that it was approached by MIIF and has signed a non-disclosure agreement to enter into discussions regarding a potential investment into the Company however no discussions have occurred at this stage.
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As previously announced the Company is considering a secondary listing on the ASX.
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Further announcements will be made as appropriate.
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For any further information, please contact:
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Atlantic Lithium Limited Neil Herbert (Executive Chairman) Amanda Harsas (Finance Director and Company Secretary) www.atlanticlithium.com.au atlantic@yellowjerseypr.com | Tel:Â +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 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 | ||
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Yellow Jersey PR Limited Henry Wilkinson Dominic Barretto James Lingfield | Tel:Â +44 (0)20 3004 9512 |
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Notes to Editors:
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About Atlantic Lithium
www.atlanticlithium.com.au
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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.
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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, based on the updated Scoping Study dated 7 December 2021, indicating Life of Mine revenues exceeding US$3.4bn and set to produce a premium lithium product.
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Atlantic Lithium holds a 560km2 & 774km2 tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licenses.
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