---
title: "Atlantic Lithium Limited – secure funding up to £28 million to advance Ewoyaa Lithium Project"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-09-03T08:39:40+00:00"
modified: "2025-09-03T08:39:40+00:00"
date: 2025-09-03
canonical: "https://www.share-talk.com/atlantic-lithium-limited-secure-funding-up-to-28-million-to-advance-ewoyaa-lithium-project/"
category: "Mining"
categories: ["Mining"]
tags: ["AAL", "Atlantic Lithium Ltd", "Ghana", "Lithium", "Mine", "Neil Herbert", "Philip Ho"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/10/Atlantic-Lithium-Ltd-AIM_ALL-Primero-awarded-FEED-Contract-for-Ewoyaa-Lithium-750x406-1.jpg?fit=750%2C406&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Atlantic Lithium Limited – secure funding up to £28 million to advance Ewoyaa Lithium Project

**Published:** September 3, 2025
**Author:** sharetalk
**Categories:** Mining
**Tags:** AAL, Atlantic Lithium Ltd, Ghana, Lithium, Mine, Neil Herbert, Philip Ho
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/10/Atlantic-Lithium-Ltd-AIM_ALL-Primero-awarded-FEED-Contract-for-Ewoyaa-Lithium-750x406-1.jpg?fit=750%2C406&quality=89&ssl=1)

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**Atlantic Lithium Ltd (AIM: ALL, OTCQX: ALLIF, ASX: A11)** has entered into **binding financing agreements with Long State Investments** to raise up to **£28 million over the next 24 months**, with the funds earmarked to advance the company’s flagship **Ewoyaa Lithium Project in Ghana**.

The package includes an **initial £8 million share placing** along with a **committed equity facility of up to £20 million**, subject to shareholder approval. Atlantic Lithium noted that its largest shareholder, **Assore International Holdings**, has already expressed support for the proposal.

Chief executive **Keith Muller** said the agreements provide both immediate and longer-term access to funding at a critical point in the project’s development. He described the funding as timely, particularly given the **weak lithium pricing environment** and the **ongoing delay in ratifying the Ewoyaa Mining Lease, adding that the structure helps ****minimise shareholder dilution** while giving the company maximum control over when and how the funds are drawn.

Muller also pointed to Long State’s track record of backing high-growth companies to deliver on their strategic objectives.

**Philip Ho**, managing director of Long State Investments, said the firm was pleased to support Atlantic Lithium at such an important stage, describing Ewoyaa as a **“high-quality, strategically significant asset”** with the potential to become **Ghana’s first lithium-producing mine**. He added that the project is underpinned by strong fundamentals and improving market dynamics, making Atlantic Lithium a **highly attractive investment opportunity**.

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**Original URL:** https://www.share-talk.com/atlantic-lithium-limited-secure-funding-up-to-28-million-to-advance-ewoyaa-lithium-project/
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