IronRidge Resources Limited Announces Change of Company Name and TIDM

Rhea-AI Summary

IronRidge Resources Limited has officially changed its name to Atlantic Lithium Limited as of November 22, 2021. The Australian Securities and Investments Commission approved this name change following a resolution passed at the recent AGM. The stock will now trade under the new ticker symbol 'ALL'. Despite the name change, shareholder rights remain unaffected, and existing share certificates will still be valid. Atlantic Lithium focuses on lithium projects in Ghana and Côte d'Ivoire, particularly the Ewoyaa Project, which is backed by a $102 million agreement with Piedmont Lithium.

Positive

• Name change to Atlantic Lithium may enhance brand alignment with lithium sector.
• Ewoyaa Project is fully funded to production with a US$102 million investment.
• Projected Life of Mine revenues exceed US$1.5 billion.

Negative

• None.

SYDNEY, AUSTRALIA / ACCESSWIRE / November 22, 2021 / IronRidge Resources Limited (AIM:IRR), "IronRidge" or the "Company") confirms that further to the passing of the resolution at the AGM held by the Company on 18 November 2021, the Australian Securities and Investments Commission has approved the Company's change of name to Atlantic Lithium Limited.

From 8.00 a.m. today, Monday 22 November 2021 the Company will trade under the new name of Atlantic Lithium Limited with a new Tradable Instrument Display Mnemonic ("TIDM" or "Ticker") of 'ALL'.The Company's ISIN number and SEDOL will remain unchanged.

The Company's website can be found at www.atlanticlithium.com.au

The company's latest presentation can also be found at www.atlanticlithium.com.au/presentations

The change of name will not affect the rights of shareholders and all existing share certificates should be retained as they will remain valid; no new share certificates will be issued.

By order of the Board
Amanda Harsas
Company Secretary

For any further information, please contact:

IronRidge Resources Limited Vincent Mascolo (Chief Executive Officer) Amanda Harsas (Company Secretary) www.ironridgeresources.com.au / 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 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: IronRidge Resources Limited

View source version on accesswire.com:
https://www.accesswire.com/674041/IronRidge-Resources-Limited-Announces-Change-of-Company-Name-and-TIDM

FAQ

What is the new name of IronRidge Resources?

IronRidge Resources Limited has changed its name to Atlantic Lithium Limited.

What is the new ticker symbol for Atlantic Lithium?

The new ticker symbol for Atlantic Lithium is 'ALL'.

When did the name change for IronRidge Resources occur?

The name change occurred on November 22, 2021.

What projects does Atlantic Lithium focus on?

Atlantic Lithium focuses on lithium projects in Ghana and Côte d'Ivoire, including the Ewoyaa Project.

Is the Ewoyaa Project funded?

Yes, the Ewoyaa Project is fully funded under a US$102 million agreement with Piedmont Lithium.