IR Programme: Germany, Switzerland, Australia

RNS Number : 4543F

CleanTech Lithium PLC

07 November 2022

 

7 November 2022

CleanTech Lithium PLC ("CleanTech Lithium" or the "Company")

Investor Relations Programme in Germany, Switzerland and Australia

CleanTech Lithium PLC (AIM: CTL, Frankfurt: T2N), an exploration and development company, advancing the next generation of sustainable lithium projects in Chile, is pleased to announce it is expanding its current investor relations programme to promote the Company with shareholders, investors and the media in Germany, Switzerland and Australia. 

Trading on German Stock Exchanges/Platforms and Appointment of Specialist IR Support:

The Board has noted that the Company's shares are now being traded on the following four German stock exchanges/platforms:

· Open Market of the Frankfurt Stock Exchange (ticker: T2N)

· LT Baader Bank (a trading platform operated by Baader Bank - a well-known German securities trading house)

· Gettex (an electronic trading system operated by the Munich Stock Exchange), and

· Munich Stock Exchange. 

Whilst the Company did not instigate listings on these trading platforms, which were arranged by third parties not known to the Company, it notes that there has already been some trading in the Company's stock through the Frankfurt Stock Exchange.  As a result, the Board now believes that the Company should seek to take advantage of its position on such platforms, and potentially other German platforms in future, due to the huge potential investor base in Germany and elsewhere in Europe. 

In order to support this investor relations programme, the Company has engaged the services of the highly regarded German investor relations group Dr. Reuter Investor Relations ("RIN").  RIN has an investor relations programme tailored to the needs of small-cap companies, helping them to attract investors from target groups such as family offices, high net worth investors and retail investors.  RIN has worked with a number of other listed resource companies including ASX listed Vulcan Energy Resources, Arcadia Minerals and Vanadium Resources.

Swiss Mining Institute Virtual Conference:

The Company will be attending the Swiss Mining Institute Virtual Conference between November 8-10 2022 with around 30 meetings scheduled with investors and other parties. 

CEO Visit to Australia Including Discussions on Merits of ASX Listing:

The Company's CEO, Aldo Boitano, is currently in Australia to meet with some of the Company's shareholders, including Regal Funds Management Pty Ltd who will be increasing their stake in CleanTech Lithium to around 16% through the recent Placing, subject to the approval of shareholders at the General Meeting on 14 November 2022.  Aldo will also be meeting other interested investors, with his itinerary for the visit having been jointly arranged by the Company's brokers, Fox-Davies Capital and Canaccord Genuity (London & Sydney Offices).   

The Board of CleanTech Lithium is currently examining at an early stage the pros and cons of listing the Company on other international stock exchanges, in addition to AIM, including the ASX in Australia and the OTCQX in the USA, and Aldo will be discussing with various parties the merits of a possible future ASX listing during his visit.   

Commenting, Aldo Boitano, Chief Executive Officer of Cleantech Lithium PLC, said: "We are delighted to be working with Dr. Reuter and her team to seek to optimise our position with investors in Germany and elsewhere in Europe.  Dr. Reuter has an excellent reputation and it is clear there is an appetite for investment in CleanTech Lithium in the German-speaking capital markets, based on the recent listings on the German stock exchanges/platforms and interest shown in CleanTech Lithium at the Swiss Mining Institute Virtual Conference which we will be attending this week.  With around 30 meetings arranged we will look to spread the message about our future plans.  

"In order to assist international investors, I can confirm that our new website will also be available to be viewed in German and Spanish in the near future.

"Finally, I am looking forward to meeting our shareholders in Australia on my current visit, as well as various other financial institutions who have expressed an interest in hearing our story.  With Australian investors making up what will be after the completion of our Placing some 31% of our stock, we are very grateful for their continued support and belief in the growth potential of our Company."   

Dr Eva Reuter, of Dr. Reuter Investor Relations comments:

"Sustainable lithium production is particularly important for clean and sustainable mobility. This is an ideal time to launch our activities on the German-speaking capital markets. We believe CleanTech Lithium is well positioned to benefit from the growing interest of European investors in sustainable lithium."

For further information visit www.ctlithium.com or contact the following:
CleanTech Lithium PLC
Aldo Boitano/Gordon Stein	Jersey office: [phone] Chile office: [phone]
	Or via:
Celicourt Communications	[phone]
Felicity Winkles/Philip Dennis	[e-mail]
Dr. Eva Reuter Investor Relations Dr. Eva Reuter Beaumont Cornish Limited (Nominated Adviser) Roland Cornish	[phone] [phone]
Fox-Davies Capital Limited (Joint Broker)	[phone]
Daniel Fox-Davies Canaccord Genuity Limited (Joint Broker) James Asensio/Gordon Hamilton	[e-mail] [phone]

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.

Notes

CleanTech Lithium (AIM:CTL) is an exploration and development company, advancing the next generation of sustainable lithium projects in Chile.  The Company's mission is to produce material quantities of battery grade lithium from 2025 onwards, with near zero carbon emissions and low environmental impact , offering the EU EV market a green lithium supply solution.

CleanTech Lithium has two prospective lithium projects - Laguna Verde and Francisco Basin projects located in the l ithium triangle, the world's centre for battery grade lithium production . They are situated within basins entirely controlled by the Company, which affords significant potential development and operational advantages. The projects have direct access to excellent infrastructure and renewable power.  The Company has also further applied for an additional 119 exploration licences at Llamara, as a low cost and commitment greenfield project to complement the existing more advanced projects.

CleanTech Lithium is committed to using renewable power for processing and reducing the environmental impact of its lithium production by utilising Direct Lithium Extraction. Direct Lithium Extraction is a transformative technology which only removes lithium from brine, with higher recoveries and purities. The method offers short development lead times, low upfront capex, with no extensive site construction and no evaporation pond development so there is no water depletion from the aquifer or harm to the local environment.

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