Issue of Options and New OTCQX Ticker 'ALLIF'

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SYDNEY, AUSTRALIA / ACCESSWIRE / November 26, 2021 / Atlantic Lithium Limited (AIM:ALL)(OTCQX:ALLIF), ‘Atlantic’ or the ‘Company’), the African focussed lithium exploration and development company, has issued the unlisted options set out below to a New York based proprietary research and capital markets advisory firm focused on the lithium-ion battery materials supply chain which the Company has engaged to assist with enhancing awareness of Atlantic in the US equity markets.

Unlisted Options

Number of Options Strike Price Term to Expiry
1,000,000 30 pence 18 August 2023
1,000,000 40 pence 18 August 2023
1,000,000 50 pence 18 August 2023

The Company will commence trading on the OTCQX market under its new ticker ‘ALLIF’ with effect from today, 26th November 2021.

Atlantic also encourages existing and prospective shareholders to follow the Company’s social media channels for real-time access to investor presentations, videos and updates:

Twitter: https://twitter.com/AtlanticLithium
LinkedIn: https://www.linkedin.com/company/atlantic-lithium-limited/
YouTube: https://www.youtube.com/channel/UC4G-Ufl7tHFcgkokwp-sK-w/featured
AIM announcements: https://www.atlanticlithium.com.au/aim-announcements
Proactive Investors: https://www.proactiveinvestors.co.uk/LON:ALL/Atlantic-Lithium-Ltd
Mining Review Africa profile: https://www.miningreview.com/Atlantic-lithium/

For any further information, please contact:

Atlantic Lithium Limited
Vincent Mascolo (Chief Executive Officer)
Amanda Harsas (Company Secretary)
www.atlanticlithium.com.au

Tel: +61 2 8072 0640

SP Angel Corporate Finance LLP
Nominated Adviser
Jeff Keating
Charlie Bouverat

Tel: +44 (0)20 3470 0470

Canaccord Genuity Limited
Joint Company Broker
Raj Khatri
James Asensio
Harry Rees

Tel: +44 (0) 20 7523 4500

Liberum Capital Limited
Joint Company Broker
Scott Matheson
Edward Thomas
Kane Collings

Tel: +44 (0) 20 3100 2000

SI Capital Limited
Joint Company Broker
Nick Emerson
Jon Levinson

Tel: +44 (0) 1483 413 500
Tel: +44 (0) 207 871 4038

Yellow Jersey PR Limited
Henry Wilkinson
Dominic Barretto
Matthew McHale

Tel: +44 (0)20 3004 9512

Notes to Editors:

About Atlantic Lithium

www.atlanticlithium.com.au

Atlantic Lithium (formerly “IronRidge Resources”) is an AIM-listed lithium company advancing a portfolio of projects in Ghana and Côte d’Ivoire through to production.

The Company’s flagship project, the Ewoyaa Project in Ghana, is a significant lithium pegmatite discovery on track to become West Africa’s first lithium producing mine. The project is fully funded to production under an agreement with Piedmont Lithium for US$102m and set to produce a premium lithium product. A robust Scoping Study indicates Life of Mine revenues exceeding US$1.5bn.

Atlantic holds a 560km2 & 774km2 tenure across Ghana and Côte d’Ivoire respectively, comprising significantly under-explored, highly prospective licenses.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Atlantic Lithium Limited

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