Atlantic Lithium

"Charging the change: Creating West Africa's first lithium mine"

Len Kolff , Interim Chief Executive, Atlantic Lithium

Video Highlight

Atlantic Lithium Interim CEO Len Kolff provides an update on the Ewoyaa Lithium Project, Ghana

Overview

Focussed on lithium in emerging West African jurisdictions

Atlantic Lithium (LSE: ALL, OTC: ALLIF) is an LSE and OTC-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 (JORC compliant Mineral Resource Estimate of 21.3Mt @ 1.31% Li2O) 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$3.43bn.

Atlantic holds a 560km2 & 774km2 tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licenses.

 

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Staged Project Development and Mine Throughput Optimisation Ewoyaa Lithium Project, Ghana

Keith Muller and Patrick Brindle appointed to the Atlantic Lithium Board

During the quarter, Atlantic Lithium successfully lodged the Mining License Application for Ewoyaa

Post-Tax NPV Increases to US$1.33bn Internal Rate of Return Increases to 224%

Expanding the Executive Team and Further Aligning the Board with Growing Shareholder Value

The Company's Australian Securities Exchange ASX Offer which opens on 23 August 2022

CFO & Company Secretary Amanda Harsas has been appointed to the Board as Finance Director

Wishes to advise of the allotment and issue of 15,500,000 new ordinary shares

Initial infill drilling results received validate grade and continuity where drilled at the Project

High-grade drilling results at Ewoyaa Lithium Project, 10,688m of infill drilling assay results

Corporate Update on Wednesday, 30 November 2022

Positive metallurgical test-work results in support of the PFS underway for Ewoyaa Lithium Project

Non-Executive Director Mr Stuart Crow acquired 750,000 new Ordinary Shares at a price of 12p each

Initial assay results received for approximately 4,560m of RC drilling completed at the Grasscutter

During the quarter, the Company reported a significant Mineral Resource Estimate

Electrification and Decarbonization AIE LP voting rights now sit at 3.07% of the issued capital

The Company has today been admitted to the Official List of the Australian Securities Exchange

Changes Aligned with Strategy to Strengthen Mine Operating Skills

The Board of Atlantic Lithium wishes to advise the allotment and issue of 3,000,000 ordinary shares

Share listing has enhanced North American investor marketing activities

Drilling programme now completed at the Ewoyaa Lithium Project in Ghana, West Africa

Appointment of Canaccord Genuity (Australia) Limited as Lead Manager

Exploration Update - Additional Drill Rigs Mobilised to Site, Visible Spodumene Observed

Will be attending Noosa Mining Investor Conference, Diggers & Dealers & Africa Down Under events

The Company is pleased to announce that the ASX Offer was fully subscribed

Distribution of all of the shares held by the Company in Ricca shareholders has now completed

Holds valid Prospecting Licences with operating permits for all of its current activities

The resource and exploration drilling programme completed at the Ewoyaa Lithium Project

Assay results received for an additional approximate 2,900m of RC drilling completed at Ewoyaa

Issue of Equity - Exercise of Performance Rights

Measured and Indicated Resources Now 79% of Total Resource. Cape Coast Lithium Portfolio, Ghana

Atlantic Lithium will provide a live investor presentation on Thursday, 27 October 2022

Allotment and issue of 1,352,700 Ordinary Shares at a price of 30 pence per share.

Announcement made by the Minerals Income Investment Fund of Ghana

Atlantic Lithium will be attending the Africa Down Under conference.

Pleased to announce it will be attending Investing in African Mining Indaba 2022

Piedmont Lithium partner Atlantic Lithium completes Prefeasibility Study for Ghana Project

Scoping Study Update retains business case for 2 million tonnes per annum

Atlantic Lithium announces Appointment of Flotation Scoping Study Partner

Appointment of Highly-experienced Project Manager Ewoyaa Lithium Project Ghana, West Africa

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