Search

Atlantic Lithium Secures $6.7M for Ghana’s First Lithium Mine

Allen dreyfus Logo
© Allen Dreyfus
  • New funds drive Ewoyaa Lithium Project development towards first commercial lithium mine in Ghana
  • Key shareholder Assore International Holdings commits $5 million in support of expansion

Accra, Ghana – Atlantic Lithium Limited, focused on African lithium exploration, raised $6.7 million in an institutional placement aimed at advancing its Ewoyaa Lithium Project in Ghana. The company, in a statement released Friday, October 25, announced that the funds will support Ghana’s first lithium mine, with the placement offering 43.5 million new shares at 11.73 pence each.

Recent Business

A flag of China. Photo by Bo Peng @ Unsplash
Is Africa becoming the new battleground for China and Asia’s minerals race?
Read More »
Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania faces funding freeze fears amid election backlash and ICC pressure
Read More »
The Tazara Railway. Photo by Katsuma Tanaka @ Unsplash
Zambia inflation hits 15-month low on fuel and transport price drops
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights