Atlantic Lithium Limited Announces Appointment of Alternate Director

Rhea-AI Summary

Atlantic Lithium has appointed Anna Boldiston as an Alternate Director for Amanda Harsas. Ms. Boldiston, aged 58, has no current or past directorships and does not hold shares in the company. This change comes as Atlantic Lithium aims to establish Ghana's first lithium mine through its Ewoyaa Project, backed by a funding agreement with Piedmont Lithium Inc. of US$103 million. The project is projected to generate over US$4.84 billion in revenues. Atlantic Lithium holds extensive licenses across Ghana and Côte d'Ivoire.

Positive

• Appointment of Anna Boldiston as Alternate Director, potentially bringing fresh perspectives.
• Ewoyaa Project is on track to become Ghana's first lithium mine, which may significantly enhance the company's profile.

Negative

• Ms. Boldiston has no prior directorship experience, raising concerns about leadership continuity.

Corporate Update

Appointment of Alternate Director

SYDNEY, AUSTRALIA / ACCESSWIRE / November 28, 2022 / Atlantic Lithium Limited (AIM:ALL, ASX:A11, OTCQX:ALLIF, "Atlantic Lithium" or the "Company"), the funded African-focussed lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to announce that Anna Boldiston has been appointed as an Alternate Director of the Company for Amanda Harsas.

The information required by Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies in relation to the appointment of Anna Margaret Boldiston (age 58) is as follows:

Current directorships	Past directorships held within last five years
None	None

Ms Boldiston does not currently hold any shares in the Company. There are no other disclosures required in accordance with Schedule 2(g) of the AIM Rules.

For any further information, please contact:

Atlantic Lithium Limited Neil Herbert (Executive Chairman) Amanda Harsas (Finance Director and Company Secretary) www.atlanticlithium.com.au atlantic@yellowjerseypr.com	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 Mathieson Edward Thomas Kane Collings	Tel: +44 (0) 20 3100 2000
Yellow Jersey PR Limited Henry Wilkinson Dominic Barretto James Lingfield	Tel: +44 (0)20 3004 9512

Notes to Editors:

About Atlantic Lithium

www.atlanticlithium.com.au

Atlantic Lithium (formerly "IronRidge Resources") is an AIM and ASX-listed lithium exploration and development company advancing a portfolio of lithium projects and licenses in Ghana and Côte d'Ivoire through to production.

The Company's flagship project, the Ewoyaa Project in Ghana, is a significant lithium spodumene pegmatite discovery on track to become Ghana's first lithium producing mine. The Company signed a funding agreement with Piedmont Lithium Inc. for US$103m towards the development of the Ewoyaa Project. Based on the Pre-Feasibility Study, the Ewoyaa Project has indicated Life of Mine revenues exceeding US$4.84bn, producing a spodumene concentrate via simple gravity only process flowsheet.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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/728825/Atlantic-Lithium-Limited-Announces-Appointment-of-Alternate-Director

FAQ

Who is Anna Boldiston and what is her role at Atlantic Lithium?

Anna Boldiston has been appointed as an Alternate Director for Atlantic Lithium, taking over from Amanda Harsas.

What is the significance of the Ewoyaa Project for Atlantic Lithium?

The Ewoyaa Project is expected to be Ghana's first lithium mine, projected to generate over US$4.84 billion in revenues.

What funding has Atlantic Lithium secured for the Ewoyaa Project?

Atlantic Lithium has signed a funding agreement with Piedmont Lithium Inc. for US$103 million towards the development of the Ewoyaa Project.

What type of experience does Anna Boldiston have?

Currently, Anna Boldiston has no directorship experience or shares in the company.