PCA Dealings

Atlantic Lithium Limited

10 August 2023

 

10 August 2023

PCA Dealings

The Board of Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the African-focused lithium exploration and development company targeting to deliver Ghana's first lithium mine, wishes to advise that it has been notified that a person closely associated ("PCA") to Len Kolff, Head of Business Development & Chief Geologist, a Director and person discharging managerial responsibilities ("PDMR") of the Company, has purchased in the market a total of 150,000 ordinary shares of no par value each ("Ordinary Shares"), equating to an aggregate value of £26,702. Mr Kolff's resultant interest is now 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 Len Kolff Head of Business Development & Chief Geologist	150,000	3,180,852	0.52%

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

TABLE 1 - PURCHASE OF ORDINARY SHARES

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Melisa Kolff van Oosterwijk
2.	Reason for the notification
a)	Position/status:	PCA of Lennard Kolff van Oosterwijk - Head of Business Development & Chief Geologist
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) AUD0.345 AUD0.36 17.5 pence 29,250 20,750 100,000
d)	Aggregated information:	Purchase of 150,000 Ordinary Shares at an average price of 18 pence (AUD0.357) per Ordinary Share
e)	Date of the transaction:	09 & 10 August 2023
f)	Place of the transaction:	AIM Market (ALL), 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
	[e-mail]
	Tel: [phone]

SP Angel Corporate Finance LLP Nominated Adviser Jeff Keating Charlie Bouverat Tel: [phone]

Yellow Jersey PR Limited Charles Goodwin Bessie Elliot [e-mail] Tel: [phone]

Canaccord Genuity Limited Company Broker Raj Khatri / James Asensio Harry Rees Tel: [phone]

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 Company signed a funding agreement with Piedmont Lithium Inc. towards the development of the Ewoyaa Project. Atlantic Lithium is currently advancing the Ewoyaa Project through feasibility studies and intends to be producing a spodumene concentrate via simple gravity only process flowsheet.

Atlantic Lithium holds 560km² and 774km² of tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licences.

 

END