24 January 2025
Resignation of Non-Executive
Director
Atlantic Lithium Limited (AIM: ALL, ASX: A11,
GSE: ALLGH, OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the
Africa-focused lithium exploration and development company
targeting the delivery of Ghana's first lithium mine,
wishes to advise that Edward Nana Yaw Koranteng has resigned from
his position of Non-Executive Director and Chairman of the
Remuneration and Nomination Committee of the Board with immediate
effect.
Mr. Koranteng held the position of
Non-Executive Director in accordance with the Mineral Income
Investment Fund's ("MIIF") entitlement to appoint a nominee
director to the Company's Board, as agreed under the terms of
MIIF's US$5m subscription in the Company (refer announcement of 24 January 2024), and his
resignation follows his departure from MIIF earlier this month.
MIIF maintains its entitlement to appoint a nominee director in his
place.
Commenting,
Neil Herbert, Executive Chairman of Atlantic Lithium,
said:
"On
behalf of the Atlantic Lithium Board and management team, I would
like to extend my gratitude to Edward for his valued contributions
to the Company during his tenure and wish him well in his future
pursuits."
Authorised for release by Amanda Harsas,
Finance Director and Company Secretary, Atlantic Lithium
Limited.
For any further information, please
contact:
Atlantic Lithium Limited
Neil Herbert (Executive Chairman)
Amanda Harsas (Finance Director and Company
Secretary)
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www.atlanticlithium.com.au
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IR@atlanticlithium.com.au
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Tel: +61 2 8072
0640
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SP
Angel Corporate Finance LLP
Nominated Adviser
Jeff Keating
Charlie Bouverat
Tel: +44 (0)20 3470 0470
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Yellow Jersey PR
Limited
Charles
Goodwin
Bessie
Elliot
atlantic@yellowjerseypr.com
Tel: +44 (0)20 3004
9512
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Canaccord Genuity
Limited
Financial
Adviser:
Raj Khatri (UK)
/
Duncan St John,
Christian Calabrese (Australia)
Corporate
Broking:
James
Asensio
Tel: +44 (0) 20 7523
4500
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Notes to Editors:
About Atlantic
Lithium
www.atlanticlithium.com.au
Atlantic Lithium is an AIM, ASX, GSE
and OTCQX-listed lithium company advancing its flagship project,
the Ewoyaa Lithium Project, a significant lithium spodumene
pegmatite discovery in Ghana, through to production to become the
country's first lithium-producing mine.
The Project was awarded a Mining
Lease in October 2023, an Environmental Protection Agency ("EPA")
Permit in September 2024, and a Mine Operating Permit in October
2024 and is being developed under an earn-in agreement with
Piedmont Lithium Inc.
Atlantic Lithium holds a portfolio of
lithium projects within 509km2 and 771km2 of
granted and under-application tenure across Ghana and Côte d'Ivoire
respectively, which, in addition to the Project, comprises
significantly under-explored, highly prospective
licences.
