20 Sept
2024
CleanTech Lithium PLC ("CleanTech
Lithium" or the "Company")
Update on the ASX
Listing
CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N,
OTCQX:CTLHF), an exploration and development company advancing
lithium projects in Chile, has been informed by representatives of
the Australian Securities Exchange ("ASX") that due to procedural
matters the approval process of the Company's listing on ASX will
be extended.
The Company is working with its lawyers in
Australia, its other advisers and ASX to address the matters
expeditiously and will provide the market with a further update
when greater clarity has been obtained on the revised expected
timetable.
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For
further information contact:
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CleanTech Lithium PLC
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Steve Kesler/Gordon Stein/Nick
Baxter
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Jersey office: +44 (0) 1534 668
321
Chile office:
+562-32239222
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Or via Celicourt
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Celicourt Communications
Felicity Winkles/Philip Dennis/Ali
AlQahtani
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+44 (0) 20 7770 6424
cleantech@celicourt.uk
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Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish/Asia
Szusciak
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+44 (0) 20 7628 3396
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Fox-Davies Capital Limited (Joint Broker)
Daniel Fox-Davies
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+44 (0) 20 3884 8450
daniel@fox-davies.com
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Canaccord Genuity (Joint Broker)
James Asensio
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+44 (0) 20 7523 4680
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The information communicated within this announcement is
deemed to constitute inside information as stipulated under the
Market Abuse Regulations (EU) No 596/2014 which is part of UK law
by virtue of the European Union (Withdrawal) Act 2018. Upon
publication of this announcement, this inside information is now
considered to be in the public domain. The person who arranged for
the release of this announcement on behalf of the Company was
Gordon Stein, Director and CFO.
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
Notes
CleanTech Lithium (AIM:CTL,
Frankfurt:T2N, OTCQX:CTLHF) is an exploration and development
company advancing lithium projects in Chile for the clean
energy transition. Committed to net-zero, CleanTech
Lithium's mission is to become a new supplier of battery grade
lithium using Direct Lithium Extraction technology powered by
renewable energy.
CleanTech Lithium has two key
lithium projects in Chile, Laguna Verde and Viento Andino, and
exploration stage projects in Llamara and Arenas Blancas
(Salar de Atacama), located in the lithium triangle, a leading
centre for battery grade lithium production. The two most advanced
projects: Laguna Verde and Viento Andino are situated
within basins controlled by the Company, which affords significant
potential development and operational advantages. All four projects
have good access to existing infrastructure.
CleanTech Lithium is committed
to utilising Direct Lithium Extraction with reinjection of spent
brine resulting in no aquifer depletion. Direct Lithium Extraction
is a transformative technology which removes lithium from brine
with higher recoveries, short development lead times and no
extensive evaporation pond
construction. www.ctlithium.com
**ENDS**