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

Oil drilling rig Photo Marian Lupan @ Unsplash
Senegal’s Petrosen shifts to $100mn onshore oil exploration
Read More »
Rwanda motorists Photo @ Pixabay
Rwanda raises central bank rate to 7.25% as inflation breaches target band
Read More »
Oil refinery. Photo by Devon Chandler @ Pixabay
Cameroon opens nine oil and gas blocks to global investors
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights