Atlantic Lithium receives approval for Listing on Ghana Stock Exchange
Atlantic Lithium Limited has secured the green light from both the Ghana Stock Exchange (GSE) listing committee and the Securities and Exchange Commission for its shares to be listed on the GSE’s main market.
In a strategic move, Atlantic Lithium will introduce its existing shares on the GSE, bypassing the issuance of new shares. This listing is poised to offer Ghanaian investors easier access to Atlantic Lithium shares already traded on the Australian Securities Exchange and the London Stock Exchange’s AIM platform, fostering local ownership in the promising Ewoyaa Lithium Project and its anticipated long-term rewards.
The timing of this listing aligns with the Ewoyaa Lithium Project’s progression toward the crucial mine construction phase, with permitting processes underway and full lithium production slated for 2026.
Expected to yield an impressive 365,000 tonnes of lithium annually, Ewoyaa stands poised to become one of Africa’s top three spodumene mines, elevating Ghana’s status as a significant lithium source for the global electric vehicle industry.
Neil Herbert, Executive Chairman of Atlantic Lithium, expressed his enthusiasm, emphasizing the company’s commitment to delivering tangible benefits to the Ghanaian community. He underscored the pivotal role of the GSE listing amidst forthcoming milestones, including finalizing offtake partnerships, securing necessary permits, and parliamentary ratification of the Mining Lease, all pivotal steps in advancing the project towards mine construction.
Furthermore, Mr Herbert highlighted the listing’s potential to foster local investment in Ghana’s inaugural lithium mine, thus bolstering the nation’s long-term mineral production ambitions. Through this strategic move, Atlantic Lithium aims to enhance local involvement in the Ewoyaa Lithium Project, ensuring alignment of Ghanaian stakeholders with the company’s enduring success.
Anticipation is high as Atlantic Lithium eagerly awaits the arrival of new Ghanaian investors onto its shareholder roster.
