27 October 2022

Appointment of Chief Operating Officer

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTC: ALLIF, "Atlantic Lithium" or the "Company"), the funded African-focussed lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to announce the appointment of Mr Keith Muller as its new Chief Operating Officer, commencing in November 2022.

Mr Muller is an experienced mining engineer with over 20 years of operational and leadership experience across domestic and international mining sectors, including in the lithium sector. Importantly, Mr Muller has a strong operational background in hard rock lithium mining and processing and in particular DMS spodumene processing. Additionally, Mr Muller has experience operating within the African mining sector and previously lived there.

Mr Muller has built an impressive track record as a technical and operational leader and, throughout his career, has been responsible for improving efficiency, driving commercial opportunities, increasing mine longevity and maximising safety across the projects he has worked on.

Mr Muller has previously held roles as both Business Leader and as General Manager at Allkem and, prior to that, as Operations Manager and Senior Mining Engineer at Simec. His experience and expertise within the mining industry, including extensive work and business performance improvement at the Mt Cattlin lithium mine in Western Australia during his time at Allkem, as well as in-country experience in Africa, will be invaluable to Atlantic Lithium.

Commenting, Neil Herbert, Executive Chairman of Atlantic Lithium, said:

"We are very pleased to welcome Keith to the Atlantic Lithium team. Keith's exceptionally strong operational skills, especially from a working lithium mine, will be key as we progress the Ewoyaa Lithium Project through the development and mine build phase into production. Keith has also completed detailed mine studies as well as permitting, crucial next steps for the Company.

"Developing and building the Company's integrated international team, incorporating the growing team in Ghana and the team in Australia, will be an area of focus and core to the effective implementation of Atlantic Lithium's plans to develop the Ewoyaa Lithium Project towards production.

"Keith brings a proven track record for execution and value creation in the lithium sector, and an understanding of African mining projects and will strengthen the executive team in these areas."

For any further information, please contact:

Notes to Editors:

About Atlantic Lithium

www.atlanticlithium.com.au

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

The Company's flagship project, the Ewoyaa Project in Ghana, is a significant lithium spodumene pegmatite discovery on track to become Ghana's first lithium producing mine. The Company signed a funding agreement with Piedmont Lithium Inc. for US$103m towards the development of the Ewoyaa Project. Based on the Pre-Feasibility Study, the Ewoyaa Project has indicated Life of Mine revenues exceeding US$4.84bn, producing a spodumene concentrate via simple gravity only process flowsheet.

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