15 February 2024
Director/PDMR
Dealings
The Board of Atlantic Lithium Limited
(AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic
Lithium" or the "Company"), the African-focussed lithium
exploration and development company targeting to deliver Ghana's
first lithium mine, wishes to advise that
certain Directors and persons discharging managerial
responsibilities ("PDMRs") of the Company, have purchased in the
market a total of 200,000 ordinary shares of no par value each
("Ordinary Shares"), equating to an aggregate value of A$76,040
(£39,232), as follows:
|
Director / PDMR
Role
|
Number of Ordinary Shares
purchased
|
Resultant number of Ordinary
Shares beneficially held
|
Resultant percentage of
issued share capital beneficially held
|
|
Mr Keith
Muller
Chief Executive
Officer
|
100,000
|
200,000
|
0.03%
|
|
Ms Amanda
Harsas
Finance Director and Company
Secretary
|
100,000
|
4,500,000
|
0.69%
|
NOTIFICATION
AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH
THEM:
PURCHASE OF
ORDINARY SHARES
|
1.
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name:
|
Keith Muller
|
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status:
|
Chief Executive Officer
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
|
3.
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name:
|
Atlantic Lithium Limited
|
|
b)
|
LEI:
|
213800H1JY3J7BB6BN06
|
|
4.
|
1. Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted.
|
|
a)
|
Description of
the financial instrument, type of instrument:
Identification
code:
|
Ordinary Shares of no par in the Company
ISIN: AU0000237554
|
|
b)
|
Nature of the
transaction:
|
Purchase of Ordinary Shares
|
|
c)
|
Price(s) and
volume(s):
|
|
Price(s)
|
Volume(s)
|
|
AUD0.39
|
100,000
|
|
|
d)
|
Aggregated
information:
|
Purchase of 100,000 Ordinary Shares at an
average price of GBP0.20 (AUD0.39) per Ordinary Share
|
|
e)
|
Date of the
transaction:
|
14 February 2024
|
|
f)
|
Place of the
transaction:
|
ASX (A11)
|
PURCHASE OF
ORDINARY SHARES
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Amanda Harsas
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Finance Director and Company
Secretary
|
|
b)
|
Initial notification/Amendment:
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Atlantic Lithium
Limited
|
|
b)
|
LEI:
|
213800H1JY3J7BB6BN06
|
|
4.
|
1. Details of the transaction(s): section to
be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted.
|
|
a)
|
Description of the financial instrument, type of
instrument:
Identification code:
|
Ordinary Shares of no
par in the Company
ISIN: AU0000237554
|
|
b)
|
Nature of the transaction:
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
AUD0.37
|
100,000
|
|
|
d)
|
Aggregated information:
|
Purchase of 100,000 Ordinary Shares
at an average price of GBP0.19 (AUD0.37) per Ordinary
Share
|
|
e)
|
Date
of the transaction:
|
13 February 2024
|
|
f)
|
Place of the transaction:
|
ASX (A11)
|
Certain
information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU)
No 596/2014 until the release of this
announcement.
For any further information, please
contact:
Atlantic Lithium Limited
Neil Herbert (Executive Chairman)
Amanda Harsas (Finance Director and Company
Secretary)
|
|
www.atlanticlithium.com.au
|
|
|
IR@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
|
Yellow Jersey PR
Limited
Charles
Goodwin
Bessie
Elliot
atlantic@yellowjerseypr.com
Tel: +44 (0)20 3004
9512
|
|
Canaccord Genuity
Limited
Financial
Adviser:
Raj Khatri (UK)
/
Duncan St John,
Christian Calabrese (Australia)
Corporate
Broking:
James
Asensio
Tel: +44 (0) 20 7523
4500
|
|
Notes to Editors:
About Atlantic
Lithium
www.atlanticlithium.com.au
Atlantic Lithium is an AIM and ASX-listed
lithium company advancing a portfolio of lithium projects in Ghana
and Côte d'Ivoire through to production.
The Company's flagship project, the Ewoyaa
Project in Ghana, is a significant lithium spodumene pegmatite
discovery on track to become Ghana's first lithium-producing
mine.
The Definitive Feasibility Study for the Project
indicates the production of 3.6Mt of spodumene concentrate over a
12-year mine life, making it one of the top 10 largest spodumene
concentrate mines in the world.
The Project, which was awarded a Mining Lease in
October 2023, is being developed under a funding agreement with
Piedmont Lithium Inc.
Atlantic Lithium holds 509km2 and
774km2 of tenure across Ghana and Côte d'Ivoire
respectively, comprising significantly under-explored, highly
prospective licences.