26 November 2021

Issue of options

New OTCQX Ticker 'ALLIF'

Atlantic Lithium Limited (AIM: ALL, 'Atlantic' or the 'Company'), the African focussed lithium exploration and development company, has issued the unlisted options set out below to a New York based proprietary research and capital markets advisory firm focused on the lithium-ion battery materials supply chain which the Company has engaged to assist with enhancing awareness of Atlantic in the US equity markets.

Unlisted Options

Number of Options            Strike Price          Term to Expiry

1,000,000                             30 pence              18 August 2023

1,000,000                             40 pence              18 August 2023

1,000,000                             50 pence              18 August 2023

The Company will commence trading on the OTCQX market under its new ticker 'ALLIF' with effect from today, 26^th November 2021.

Atlantic also encourages existing and prospective shareholders to follow the Company's social media channels for real-time access to investor presentations, videos and updates:

Twitter: https://twitter.com/AtlanticLithium 

LinkedIn: https://www.linkedin.com/company/atlantic-lithium-limited/ 

YouTube: https://www.youtube.com/channel/UC4G-Ufl7tHFcgkokwp-sK-w/featured

AIM announcements: https://www.atlanticlithium.com.au/aim-announcements 

Proactive Investors: https://www.proactiveinvestors.co.uk/LON:ALL/Atlantic-Lithium-Ltd

Mining Review Africa profile: https://www.miningreview.com/Atlantic-lithium/

For any further information, please contact:

 Notes to Editors:

About Atlantic Lithium

www.atlanticlithium.com.au

Atlantic Lithium (formerly "IronRidge Resources") is an AIM-listed lithium company advancing a portfolio of projects in Ghana and Côte d'Ivoire through to production.

The Company's flagship project, the Ewoyaa Project in Ghana, is a significant lithium pegmatite discovery on track to become West Africa's first lithium producing mine. The project is fully funded to production under an agreement with Piedmont Lithium for US$102m and set to produce a premium lithium product. A robust Scoping Study indicates Life of Mine revenues exceeding US$1.5bn.

Atlantic holds a 560km² & 774km² tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licenses.