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The latest update is out from Atlantic Lithium ( (GB:ALL) ).
Atlantic Lithium has issued 25,380,709 new fully paid ordinary shares at an issue price of US$0.197 (AUD 0.277 / £0.146) per share under an ordinary share subscription. The company confirmed the shares were issued without a prospectus under Australian law and that it is compliant with its financial reporting and continuous disclosure obligations, with no excluded information outstanding, providing regulatory clarity around the capital raising for existing and potential investors.
More about Atlantic Lithium
Atlantic Lithium is a lithium-focused mining company listed on the AIM, ASX and GSE exchanges, advancing the Ewoyaa Lithium Project in Ghana toward production as the country’s first lithium-producing mine. The project, developed under an earn-in agreement with Elevra Lithium, has secured key permits and a definitive feasibility study, while the company also holds sizable, largely under-explored lithium tenements in Ghana and Côte d’Ivoire.
For a thorough assessment of ALL stock, go to TipRanks’ Stock Analysis page.