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Issue of Options and New OTCQX Ticker 'ALLIF'

26 Nov 2021 07:00

RNS Number : 6770T
Atlantic Lithium Limited
26 November 2021
 

 

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

Matthew McHale 

 

 

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.

 

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