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Atlantic Lithium ( (GB:ALL) ) has issued an announcement.
Atlantic Lithium has secured access to up to US$16.4m in new funding from a strategic investment by Ghanaian pension funds and a third share placement with Long State Investments. The capital will support the Ewoyaa Lithium Project’s progression towards production, with milestone-linked warrants aligning additional funding to key stages such as parliamentary ratification of the mining lease, final investment decision and breaking ground.
The move deepens local Ghanaian ownership via the Ghana Stock Exchange and brings long-term domestic institutional investors onto the register, reflecting growing national interest in lithium as a strategic resource. Combined with continued backing from Long State, the funding package bolsters Atlantic Lithium’s financial position, reinforces confidence in management and strategy, and underscores mining’s increasing role in Ghana’s green energy transition ambitions.
More about Atlantic Lithium
Atlantic Lithium is an Africa-focused lithium exploration and development company aiming to deliver Ghana’s first lithium mine. Listed in London, Australia and Ghana, the company’s flagship asset is the Ewoyaa Lithium Project in Ghana, positioning it to benefit from rising demand for critical battery minerals and the country’s push to diversify beyond gold.
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