Atlantic Lithium Limited is a Australian exploration company and focused on lithium exploration and development targeted to delivering Ghana’s first lithium mine. It is set to list on the Australian Securities Exchange (ASX).
Atlantic Lithium Limited has projects in GHANA and CÔTE D’IVOIRE.
*GHANA – 560km² land package secured via earn-in & application in Ghana. 14.5Mt at 1.31% Li₂O in Inferred and Indicated category. Includes 4.5Mt at 1.39% Li₂O in Indicated category
*CÔTE D’IVOIRE – 1,172km² lithium portfolio and Under-explored yet hugely prospective
Atlantic Lithium Limited was looking to raise up to $13,253,000 at $0.58 per share in its initial public offering (IPO). The Public Offer opens on 23 Aug 2022 and closes on 29 Aug 2022. The expected date for quotation on ASX is 8 Sep 2022.
Note: The dates shown on this page are indicative only and may change without notice.
IPO Summary
| ASX code | A11 |
| Name | Atlantic Lithium Limited |
| Website | https://www.atlanticlithium.com.au/ |
| Share Registry | Computershare Investor Services Pty Limited |
| Underwriter | Not underwritten. Canaccord Genuity (Australia) Limited (Lead Manager). |
| Opening Date for the Public Offer: | 23 August 2022 |
| Closing Date for the Public Offer: | 29 August 2022 |
| Expected date for New Shares to commence trading on ASX | 8 September 2022 |
| Funds to be raised under the Public Offer (before costs) | $13,253,000 |
| Offer price per share | $0.58 |
| Shares on issue at the Prospectus Date | 590,241,660 |
| Shares to be issued under the Public Offer | 22,850,000 |
| Total Shares | 605,741,660 |
| Escrow (estimated) | 54,000,000 Shares |
Source: Atlantic Lithium Limited prospectus, official website.