Atlantic Lithium Limited Announces ASX Listing - Admission to Official List

Rhea-AI Summary

Atlantic Lithium Limited has achieved a significant milestone by gaining admission to the Australian Securities Exchange (ASX). The company's shares will begin trading under the ticker 'A11' at 12:00 PM AEST on September 26, 2022. This dual listing complements its existing presence on the AIM market of the London Stock Exchange, where it trades as 'ALL'. Atlantic Lithium is focused on developing Ghana's first lithium mine, the Ewoyaa Project, which is fully funded with an investment agreement worth US$103 million with Piedmont Lithium.

Positive

• Admission to ASX enhances market visibility and access to a broader investor base.
• Funding secured for the Ewoyaa Project with US$103 million from Piedmont Lithium supports production plans.

Negative

• None.

Dual Listing on Australian Securities Exchange (ASX)

SYDNEY, AUSTRALIA / ACCESSWIRE / September 21, 2022 / Atlantic Lithium Limited (AIM:ALL)(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 confirm that the Company has today been admitted to the Official List of the Australian Securities Exchange ("ASX").

The Company's shares will commence trading on ASX under the ticker 'A11' at 12:00PM AEST on Monday, 26 September 2022.

The Company's shares will continue to trade on the AIM market ("AIM") of the London Stock Exchange under the ticker 'ALL'.

For any further information, please contact:

Atlantic Lithium Limited Neil Herbert (Executive Chairman) Amanda Harsas (Finance Director and Company Secretary) www.atlanticlithium.com.au	Tel: +61 2 8072 0640
atlantic@yellowjerseypr.co
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
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 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 Project is funded to production under an agreement with Piedmont Lithium for US$103m and set to produce a premium lithium product.

Atlantic Lithium holds a 560km² & 774km² 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/716821/Atlantic-Lithium-Limited-Announces-ASX-Listing--Admission-to-Official-List

FAQ

What is Atlantic Lithium's stock symbol on the ASX?

Atlantic Lithium's stock symbol on the ASX is 'A11'.

When will Atlantic Lithium start trading on the ASX?

Atlantic Lithium will start trading on the ASX at 12:00 PM AEST on September 26, 2022.

What is the significance of Atlantic Lithium's dual listing?

The dual listing on ASX enables Atlantic Lithium to increase its market visibility and attract a wider range of investors.

How is the Ewoyaa Project funded?

The Ewoyaa Project is funded through an agreement with Piedmont Lithium for US$103 million.

What is Atlantic Lithium focused on?

Atlantic Lithium is focused on developing Ghana's first lithium mine, targeting production from the Ewoyaa Project.