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IN BRIEF: Atlantic Lithium eyes ratification of Ewoyaa project lease

ALN

Atlantic Lithium Ltd - West Africa-focused lithium exploration and development company - Submits mining lease for the Ewoyaa Lithium Project to the Parliament of Ghana. The lease has been referred to the Select Committee, responsible for considering matters related to lands, forestry, and mines which will provide its recommendation to Parliament for or against ratification. The lease granted in October 2023 provides Atlantic exclusive rights for mining and commercial production at Ewoyaa for a 15-year period. Ratification is the final step of the permitting process.

Chief Executive Officer Keith Muller says: ‘We are pleased to note that the Ewoyaa Mining Lease has been put to Parliament for consideration in the current parliamentary sitting. We hope that the ratification can swiftly follow, which will serve as a key catalyst for the financing and development of the project.’

Current share price: 8.70 pence, closed up 0.5% in London on Wednesday

12-month change: down 25%

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