Atlantic Lithium Limited·Basic Materials

Atlantic Lithium Ltd (AIM:ALL, ASX:A11, OTCID:ALLIF) said Ghana's Parliament has ratified the mining lease for its Ewoyaa lithium project, handing the developer a key de-risking milestone as it pushes funding talks and works toward a final investment decision on what could become Ghana's first lithium mine. The approval gives formal backing to the proposed Ewoyaa mine and processing plant.

Atlantic Lithium Ltd (AIM:ALL, ASX:A11, OTCID:ALLIF) said Ghana’s Parliament has ratified the mining lease for its Ewoyaa lithium project, handing the...

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Atlantic Lithium Ltd (AIM:ALL, ASX:A11, OTCID:ALLIF) has lined up access to about US$16.4 million in fresh funding as it pushes the Ewoyaa lithium project in Ghana toward production, bringing Ghanaian pension-fund investors onto its register while also drawing down the final tranche of its Long State Investments Ltd facility. The funding package includes a US$11 million strategic investment facilitated by IC Asset Managers (Ghana), made up of an unconditional US$5 million share subscription and up to US$6 million from milestone-linked warrants.

Atlantic Lithium Ltd (AIM:ALL, ASX:A11, OTCID:ALLIF) has lined up access to about US$16.4 million in fresh funding as it pushes the Ewoyaa lithium project...
Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It also holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire. The company was formerly known as IronRidge Resources Limited and changed its name to Atlantic Lithium Limited in November 2021. Atlantic Lithium Limited was incorporated in 2007 and is based in Sydney, Australia.
Basic Materials
Industrial Materials
85
2021-10-26
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