24 March
2025
CleanTech Lithium PLC ("CleanTech
Lithium" or the "Company")
Results of General Meeting, Admission of
Retail Offer Shares and Total Voting Rights
CleanTech Lithium PLC (AIM: CTL), an exploration and development lithium company
in Chile, is pleased to announce that at the
General Meeting ("GM") held
earlier today all the resolutions were duly passed.
Retail Offer
On 10 March 2025 the Company
announced the Retail Offer had conditionally raised £143,980, in
addition to the £2.4 million raised from a Placing announced on 11
February 2025. 899,873 new ordinary shares ("Retail Offer Shares") will be
issued to existing retail shareholders who subscribed via the
BookBuild platform at a price of 16 pence per Retail
Offer Share pursuant to the Retail Offer.
It is expected that Admission will
become effective, and trading of the Retail Offer Shares will
commence on AIM, at 8.00 a.m. on 25 March
2025.
Total Voting Rights
Following the issue of the Retail
Offer Shares, the Company will have a total of 100,346,774 Ordinary
Shares in issue. The Company does not hold any Ordinary Shares in
treasury and accordingly the total number of voting rights in the
Company is 100,346,774.
With effect from Admission, this
figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in the
Company, under the Disclosure Guidance and Transparency Rules of
the Financial Conduct Authority.
Words and expressions defined in the Company's announcement of
10 March 2025 shall have the same meaning in this
announcement.
For further information please
visit https://ctlithium.com/
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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
info@ctlithium.com
Chile office:
+562-32239222
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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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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) 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**
