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CleanTech Lithium PLC on Wednesday said it now expects a delay to its listing on the Australian Securities Exchange, and announced that Tony Esplin, the group’s chief executive officer designate, will no longer be stepping into the CEO role. The Jersey-based lithium exploration company said it now anticipates its ASX listing to launch in April and complete in May, rather than completing in March or April, as the firm had previously laid out in February. ‘While the ASX listing process is taking longer than initially expected, the board and our advisers believe that waiting for a positive decision by the end of March on entering the streamlined direct negotiation process for the special lithium operating contract for Laguna Verde and completing the pre-feasibility study will significantly strengthen our investment case in the Australian market,’ CleanTech Lithium explained. The firm also on Wednesday said that CEO designate Tony Esplin has ‘reconsidered his position and, for personal reasons, will not be taking up his intended appointment as CEO’. Esplin’s appointment had been conditional on the successful listing of CleanTech Lithium on the ASX. Executive Chair Steve Kesler will continue as interim CEO while the firm looks into alternative candidates for the role. Shares in CleanTech Lithium were down 7.8% at 11.75 pence each in London on Wednesday afternoon. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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