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Atlantic Lithium Issues New Shares Under Third Placement, Confirms Regulatory Compliance

Story Highlights
  • Atlantic Lithium issued 27.4 million new shares at £0.146 to bolster its capital base.
  • The company confirmed Corporations Act compliance and no excluded information for investors.
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Atlantic Lithium Issues New Shares Under Third Placement, Confirms Regulatory Compliance

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Atlantic Lithium ( (GB:ALL) ) has shared an announcement.

Atlantic Lithium has issued 27,379,260 fully paid ordinary shares at £0.146 each under a third placement, expanding its capital base as it advances the Ewoyaa Lithium Project in Ghana toward production. The company confirmed the new shares were issued without a prospectus under Australian Corporations Act provisions, stated it is compliant with its reporting obligations, and disclosed there is no excluded information, providing regulatory clarity and assurance to investors regarding the placement and its governance framework.

More about Atlantic Lithium

Atlantic Lithium is a lithium-focused mining company listed on AIM, ASX and the Ghana Stock Exchange, advancing its flagship Ewoyaa Lithium Project in Ghana toward production as the country’s first lithium-producing mine. The project, a spodumene pegmatite discovery, has a Definitive Feasibility Study, a Mining Lease, EPA Permit and Mine Operating Permit in place, and is being developed under an earn-in agreement with Elevra Lithium, alongside a broader portfolio of under-explored licences in Ghana and Côte d’Ivoire.

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