Atlantic Lithium Limited Issue of Options and New OTCQX Ticker 'ALLIF' (6770T)

TIDMALL

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, 26(th) 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                    Tel: [phone] 
 Vincent Mascolo (Chief Executive Officer) 
 Amanda Harsas (Company Secretary) 
 www.atlanticlithium.com.au 
 
SP Angel Corporate Finance LLP              Tel: [phone] 
 Nominated Adviser 
 Jeff Keating 
 Charlie Bouverat 
 
  Canaccord Genuity Limited                   Tel: [phone] 
  Joint Company Broker 
  Raj Khatri 
  James Asensio 
  Harry Rees 
 
  Liberum Capital Limited                     Tel: [phone] 
  Joint Company Broker 
  Scott Matheson 
  Edward Thomas 
  Kane Collings 
 
  SI Capital Limited                          Tel: [phone] 
  Joint Company Broker                        500 
  Nick Emerson                                Tel: [phone] 
  Jon Levinson 
 
Yellow Jersey PR Limited                    Tel: [phone] 
 Henry Wilkinson 
 Dominic BarrettoMatthew McHale 
 

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 560km(2) & 774km(2) tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licenses.

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November 26, 2021 01:59 ET (06:59 GMT)