Congratulations to our client Atlantic Lithium Limited (Atlantic) on their listing on the Australian Securities Exchange (ASX), with commencement of trading occurring on 26 September 2022.
Atlantic (also listed on the London-based AIM and US-based OTC markets) is a lithium-focussed exploration and development company, having recently completed a pre-feasibility study on its flagship Ewoyaa Lithium Project situated in Ghana, West Africa. The development of the project is supported by a funding agreement with Piedmont Lithium Inc.
Atlantic’s $13.3 million dual listing offer was conducted by way of a sell-down of existing shares.
Atlantic has a market capitalisation of approximately $351 million.
Atlantic’s Finance Director and Company Secretary Amanda Harsas commented, “The HopgoodGanim team worked collaboratively and tirelessly with us to support us in our ASX listing. The listing had challenging elements that were faced with pragmatic resilience and good humour. We look forward to continuing our successful relationship with the HopgoodGanim team.”
“We are proud to have advised Atlantic Lithium on their successful listing, which has also served to showcase the calibre of our diverse and significant capital markets practice,” said Brian Moller.
Congratulations to all involved.
Find out more about HopgoodGanim's Corporate Advisory and Governance Practice.