TIDMALK

RNS Number : 9055W

Alkemy Capital Investments PLC

23 August 2022

23 August 2022

Alkemy Capital Investments Plc

Initiation of Research Report by Shard Capital

Alkemy Capital Investments plc ("Alkemy") , is pleased to announce that leading wealth and asset firm, Shard Capital (" VSA "), initiated coverage on the Company.

The initiation note is available to view here:

https://teesvalleylithium.co.uk/wp-content/uploads/2022/08/ALK-Shard-initiation-5-August-2022-1-1.pdf

Further information

For further information, please visit the Company's website: www.alkemycapital.co.uk or www.teesvalleylithium.co.uk

-Ends-

 
 Alkemy Capital Investments Plc     Tel: 0207 317 0636 
  Sam Quinn                          info@alkemycapital.co.uk 
 VSA Capital Limited                Tel: 0203 005 5000 
  Andrew Monk (Corporate Broking) 
  Andrew Raca (Corporate Finance) 
 Shard Capital Partners LLP 
  Damon Heath                         Tel: 0207 186 9952 
                                      damon.heath@shardcapital.com 
  Isabella Pierre                     Tel: 0207 186 9927 
                                      isabella.pierre@shardcapital.com 
 

NOTES TO EDITORS

Alkemy is seeking to develop, construct and operate the world's leading independent and sustainable lithium hydroxide production facility.

Alkemy, through its wholly-owned subsidiary Tees Valley Lithium, has secured a 9.6ha brownfields site at the Wilton International Chemicals Park located in Teesside, a major UK Freeport.

Alkemy has completed a Class 4 Feasibility Study for its proposed lithium hydroxide facility which will process feedstock imported from various sources to produce 96,000 tonnes of a premium, low-carbon lithium hydroxide annually, representing around 15% of Europe's projected demand.

Forward Looking Statements

This news release contains forward--looking information. The statements are based on reasonable assumptions and expectations of management and Alkemy provides no assurance that actual events will meet management's expectations. In certain cases, forward--looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Although Alkemy believes the expectations expressed in such forward--looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Mining exploration and development is an inherently risky business. In addition, factors that could cause actual events to differ materially from the forward-looking information stated herein include any factors which affect decisions to pursue mineral exploration on the relevant property and the ultimate exercise of option rights, which may include changes in market conditions, changes in metal prices, general economic and political conditions, environmental risks, and community and non-governmental actions. Such factors will also affect whether Alkemy will ultimately receive the benefits anticipated pursuant to relevant agreements. This list is not exhaustive of the factors that may affect any of the forward--looking statements. These and other factors should be considered carefully and readers should not place undue reliance on forward-looking information.

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August 23, 2022 03:45 ET (07:45 GMT)

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