Atlantic Lithium says entering investment talks with Ghana’s mining fund (OTCMKTS:ALLIF)

Atlantic Lithium says entering investment talks with Ghana’s mining fund (OTCMKTS:ALLIF)

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Atlantic Lithium (OTCPK:ALLIF) +24.7% in Wednesday’s trading after saying it will enter talks with Ghana’s Minerals Income Investment Fund over potential investment in the company, Reuters reports.

Atlantic Lithium (OTCPK:ALLIF), which has lithium projects in Ghana and Ivory Coast, made the announcement after a Ghana news site reported that the parties had begun discussions.

The MIIF has said previously that it planned to invest as much as $60M this year in companies, mostly in Ghana.

Atlantic Lithium (OTCPK:ALLIF) said last month that it had received unsolicited inquiries from multiple parties interested in buying all or part of the company.

Originally Posted on: https://seekingalpha.com/news/3842694-atlantic-lithium-says-entering-investment-talks-with-ghanas-mining-fund?source=feed_tag_commodities
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