Atlantic Lithium Limited — Share Issue/Capital Change 2024

Dec 22, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

ATLANTIC LITHIUM LIMITED

Date of this announcement

Monday December 23, 2024

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
A11AP	PERFORMANCE RIGHTS	3,772,866	23/12/2024

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ATLANTIC LITHIUM LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ACN 127215132

1.3 ASX issuer code

A11

1.4 The announcement is

New announcement

1.5 Date of this announcement

23/12/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

A11AP : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

23/12/2024

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Neil Herbert	Cambrian Limited	1,680,640
Keith Muller	Same	1,086,128
Amanda Harsas	Birubi Grove Pty Ltd	1,006,098

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.atlanticlithium.com.au/s/Atlantic-Lithium-2024-AGM-Notice-of-AGM.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Please refer to the AGM Notice of Meeting lodged with the ASX on 30 October 2024 which sets out the terms and conditions of the Performance Rights to be granted to Executive Directors under the existing Rights Plan.

Issue details

Number of +securities

3,772,866

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
A11 : ORDINARY FULLY PAID	693,147,313
4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
A11AK : OPTION EXPIRING 31-MAR-2025 EX GBP 0.60	4,000,000
A11AO : OPTION EXPIRING 31-AUG-2025 GBP 0.30	3,100,000
A11AQ : OPTION EXPIRING 23-JUL-2025 EX USD 0.3637	9,622,787
A11AN : OPTION EXPIRING 16-MAY-2025 EX GBP 0.50	2,000,000
A11AP : PERFORMANCE RIGHTS	12,745,451

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

29/11/2024

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