RNS Number : 0531O

Zinnwald Lithium PLC

07 June 2022

Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining

7 June 2022

Zinnwald Lithium plc

("Zinnwald Lithium" or the "Company")

Holding(s) in Company

Zinnwald Lithium plc, the German focused lithium development company, has been informed that Centrebridge Partners L.P. ("Centrebridge") has reduced its shareholding to below the 3% disclosure threshold under the AIM Rules for Companies. Centrebridge was one of the original secured creditors of the estate of SolarWorld Aktiengesellschaft (in administration) and received its shares from the administrators on 8 February 2022 pursuant to the Company's acquisition of the remaining 50% of the Zinnwald Lithium Project, as announced on 22 June 2021 .

For further information visit www.zinnwaldlithium.com or contact:

 Anton du Plessis      Zinnwald Lithium        info@zinnwaldlithium.com 
  Cherif Rifaat         plc 
 David Hart            Allenby Capital 
  Liz Kirchner          (Nominated Adviser)    +44 (0) 20 3328 5656 
                      ----------------------  -------------------------------- 
 Michael Seabrook      Oberon Capital Ltd 
  Adam Pollock          (Broker)               +44 (0) 20 3179 5300 
                      ----------------------  -------------------------------- 
 Isabel de Salis       St Brides Partners      zinnwald@stbridespartners.co.uk 
  Catherine Leftley     (Financial PR) 
                      ----------------------  -------------------------------- 


AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focussed on becoming an important supplier of lithium hydroxide to Europe's fast-growing battery sector. The Company owns 100% of the Zinnwald Lithium Project in Germany, which has an approved mining licence, is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's more advanced battery grade lithium projects.

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(END) Dow Jones Newswires

June 07, 2022 11:59 ET (15:59 GMT)

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