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LONDON - CleanTech Lithium PLC (AIM:CTL) announced Friday that shareholders approved all resolutions at its General Meeting, allowing the company to proceed with its planned share issuance.
Following shareholder approval, the Chile-focused lithium exploration company will issue 76,610,620 new ordinary shares, comprising 63,610,620 conditional placing shares, 8,000,000 broker option shares, and 5,000,000 retail offer shares. These new shares are expected to begin trading on London’s AIM market on September 1, 2025.
The new shares will rank equally with existing ordinary shares, including rights to dividends and distributions. Upon admission of the new shares, CleanTech Lithium’s total issued share capital will increase to 199,346,774 ordinary shares, with equivalent voting rights.
The share issuance follows the company’s circular published on August 13, 2025. CleanTech Lithium is advancing sustainable lithium projects in Chile, including its Laguna Verde and Viento Andino projects, along with an exploration-stage project in Arenas Blancas.
The company states it is committed to utilizing Direct Lithium Extraction technology with reinjection of spent brine, which it claims results in no aquifer depletion compared to traditional lithium extraction methods.
This information is based on a press release statement from CleanTech Lithium.
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