ATLANTIC LITHIUM LTD - ALLIF STOCK NEWS

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.

Atlantic Lithium Limited announces the appointment of Keith Muller as Chief Operating Officer. He will receive 4,000,000 unlisted options with strike prices of 60 pence and 70 pence, each expiring in two years. The company, focused on developing Ghana's first lithium mine, is advancing its flagship Ewoyaa Project, which has projected revenues exceeding US$4.84 billion. This update is critical as it highlights a key appointment in management and ongoing project developments.

Atlantic Lithium Limited (AIM:ALL)(ASX:A11)(OTCQX:ALLIF) has reported a change in major holdings, with Assore International Holdings now holding 25.06% of the company's issued capital. This change reflects Assore's increased commitment to the company as it aims to develop Ghana's first lithium mine, the Ewoyaa Project. This project is projected to generate over US$4.84 billion in revenues. The notification indicates growth in investor confidence alongside strategic development in the lithium sector.

Atlantic Lithium Limited (ALLIF) announced promising assay results from its ongoing drilling program at the Ewoyaa Lithium Project in Ghana. This drilling has extended mineralization at key deposits, revealing multiple high-grade intersections such as 24m at 1.54% Li2O and 57m at 1.49% Li2O, indicating significant potential for resource upgrades. With over 26,000m of results reported from a 47,000m program, the company is well-positioned to benefit from rising lithium demand. The recently completed Pre-Feasibility Study highlighted strong financial metrics, including a post-tax NPV of US$1.33bn and an IRR of 224% over 12.5 years.

Atlantic Lithium Limited (AIM:ALL)(OTCQX:ALLIF) announces significant assay results from its Ewoyaa Lithium Project in Ghana. The company completed 5,668m of drilling, reporting a highest single assay of 4.52% Li2O over 1m. Results include broad high-grade infill intersections at the Ewoyaa Main deposit, bolstering confidence in resource conversion. The Pre-Feasibility Study indicates strong financials, with revenues exceeding US$4.84bn and an IRR of 224%. Upcoming Resource upgrades are anticipated by early 2023, enhancing project metrics amid rising lithium demand.

Atlantic Lithium Limited has announced its Annual General Meeting (AGM) scheduled for November 30, 2022, in Brisbane, Australia. The company aims to deliver Ghana's first lithium mine, with its flagship Ewoyaa Project projected to generate over US$4.84 billion in revenues. Recently, it signed a funding agreement with Piedmont Lithium Inc. for US$103 million towards project development. The AGM materials have been sent to shareholders and can be accessed online.

Atlantic Lithium Limited has completed its drilling programme at the Ewoyaa Lithium Project in Ghana, reporting high-grade lithium intersections. The programme covered 47,000m and included assay results from 1,879m of diamond drilling and 3,488m of reverse circulation drilling. Key intersects include 84.5m at 1.63% Li₂O and 89m at 1.52% Li₂O. Financial projections from a recent Pre-Feasibility Study indicate potential revenues exceeding US$4.84 billion, with a post-tax NPV₈ of US$1.33 billion and an IRR of 224%.

Atlantic Lithium Limited has submitted a Mining Licence application for the Ewoyaa Lithium Project in Ghana. This application, lodged by its subsidiaries, supports the project moving towards permitting after extensive exploration and studies. The assessment will be conducted by the Ghanaian Government. The project promises significant economic benefits and is seen as a key development amidst rising lithium demand. The Pre-Feasibility Study indicates potential revenues exceeding US$4.84 billion, establishing Ewoyaa as a contender for Ghana's first lithium mine.

Atlantic Lithium announced significant milestones for its Ewoyaa Lithium Project, aiming to be Ghana's first lithium producer. The company's 2022 Annual Report revealed a 42% increase in the JORC Mineral Resource Estimate to 30.1Mt at 1.26% Li₂O. A funding agreement with Piedmont Lithium worth US$103 million was secured, reducing funding risks. A Pre-Feasibility Study indicates revenues exceeding US$4.84 billion over 12.5 years. Cash position improved to A$23.9 million as of June 30, 2022.