Atlantic Lithium - Corporate Communications Update

Rhea-AI Summary

Atlantic Lithium Limited (AIM:ALL)(OTCQX:ALLIF) has announced its participation in online conferences on December 7, 2021, to update stakeholders on its projects, including the flagship Ewoyaa project in Ghana. The company is fully funded to production, with US$102 million secured through an agreement with Piedmont Lithium. A robust Scoping Study indicates potential Life of Mine revenues exceeding US$1.5 billion. Atlantic holds significant lithium exploration licenses across Ghana and Côte d'Ivoire, totaling over 1,300 km².

Positive

• Agreement with Piedmont Lithium secured US$102 million for production funding.
• Ewoyaa Project set to become West Africa's first lithium producing mine.
• Scoping Study indicates Life of Mine revenues exceeding US$1.5 billion.

Negative

• None.

SYDNEY, AUSTRALIA / ACCESSWIRE / December 3, 2021 / Atlantic Lithium Limited (AIM:ALL)(OTCQX:ALLIF), "Atlantic Lithium" or the "Company"), the African focussed lithium exploration and development company, is pleased to announce it will be attending the following online conferences and webinars next week:

Benchmark Mineral Week 2021 online | 7 December 2021 from 8am (GMT)
Where The Lithium-Ion Battery to Electric Vehicle Supply Chain Meet - Building a cathode ecosystem. To attend please register at
https://www.benchmarkminerals.com/events/benchmark-week-online-2021/

London South East Investor Event | 7 December 2021 from 6pm (GMT)
To attend, please register at
https://us02web.zoom.us/webinar/register/6716378437309/WN_oBS-LVJrQJ-K9iQlDe3nMA

Atlantic Lithium Chief Executive Officer Vincent Mascolo will be providing an update on current projects in the Atlantic Lithium portfolio; company presentations can be found at https://www.atlanticlithium.com.au/presentations

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:

Atlantic: https://www.atlanticlithium.com.au/presentations
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.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Atlantic Lithium Limited

View source version on accesswire.com:
https://www.accesswire.com/675886/Atlantic-Lithium--Corporate-Communications-Update

FAQ

What is the latest update from Atlantic Lithium Limited (ALLIF)?

Atlantic Lithium will participate in online conferences on December 7, 2021, to discuss project updates.

How is Atlantic Lithium funding its Ewoyaa project?

The company has secured US$102 million through an agreement with Piedmont Lithium to fully fund the Ewoyaa project.

What are the expected revenues from the Ewoyaa project?

A Scoping Study indicates that the Ewoyaa project could generate Life of Mine revenues exceeding US$1.5 billion.

Where are Atlantic Lithium's exploration licenses located?

Atlantic Lithium holds exploration licenses across Ghana and Côte d'Ivoire, totaling over 1,300 km².