SYDNEY, AUSTRALIA / ACCESSWIRE / November 26, 2021 / Atlantic Lithium Limited (AIM:ALL)(OTCQX:ALLIF), 'Atlantic' or the 'Company'), the African focussed lithium exploration and development company, has issued the unlisted options set out below to a New York based proprietary research and capital markets advisory firm focused on the lithium-ion battery materials supply chain which the Company has engaged to assist with enhancing awareness of Atlantic in the US equity markets.
|Number of Options||Strike Price||Term to Expiry|
|1,000,000||30 pence||18 August 2023|
|1,000,000||40 pence||18 August 2023|
|1,000,000||50 pence||18 August 2023|
The Company will commence trading on the OTCQX market under its new ticker 'ALLIF' with effect from today, 26th November 2021.
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:
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
Tel: +61 2 8072 0640
SP Angel Corporate Finance LLP
Tel: +44 (0)20 3470 0470
|Canaccord Genuity Limited|
Joint Company Broker
Tel: +44 (0) 20 7523 4500
|Liberum Capital Limited|
Joint Company Broker
Tel: +44 (0) 20 3100 2000
SI Capital Limited
Tel: +44 (0) 1483 413 500
Yellow Jersey PR Limited
Tel: +44 (0)20 3004 9512
Notes to Editors:
About Atlantic Lithium
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.
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SOURCE: Atlantic Lithium Limited
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