20 Sep 2018 10:01
20th September 2018
Clontarf Energy plc
("Clontarf" or "the Company")
Lithium Prospecting in Bolivia
Clontarf Energy, the oil and gas exploration company, is pleased to announce that it has submitted a proposal to explore one the world's largest Lithium-bearing salt-lakes in Bolivia. Lithium from salt pans is in demand for high performance batteries.
David Horgan, Director, commented:
"We have re-established our presence in Bolivia, and have initiated discussions with the Bolivian National Lithium Company (YLB) on a possible joint venture to study and, if indicated, explore the second largest lithium brine deposit in the world. Between 2008 and 2010 Clontarf examined salt pan lithium deposits in Bolivia but we were unable to proceed at that time. Lithium from salt pans is in demand for high performance batteries."
There is no guarantee that this work will lead to a binding contract.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
ENDS
For further information please visit http://www.clontarfenergy.com/ or contact:
Enquiries:
Clontarf Energy | |
John Teeling, Chairman | +353 (0) 1 833 2833 |
David Horgan, Director | |
Nominated Adviser and Broker | |
Northland Capital Partners Limited | |
Tom Price and Dugald Carlean (Corporate Finance) | +44 (0) 20 3861 6625 |
Rob Rees / Isabella Pierre
| |
Public Relations | |
Blytheweigh | +44 (0) 207 138 3206 |
Simon Woods | +44 (0) 746 643 9633 |
Camilla Horsfall | +44 (0) 787 184 1793 |
Teneo PSG | |
Luke Hogg | +353 (0) 1 661 4055 |
Alan Tyrrell | +353 (0) 1 661 4055 |
Clontarf (CLON)