Atlantic Lithium Limited announced the appointment of Edward Nana Yaw Koranteng to the company's Board of Directors as Independent Non-Executive Director, effective immediately. Edward Koranteng is a lawyer and an experienced corporate and investment banker with over 23 years of experience. He has held the position of Chief Executive Officer of the Minerals Income Investment Fund ("MIIF"), Ghana's sovereign minerals wealth fund, since 2021.

As CEO, he oversees the management of Ghana's equity interest in mining companies, manages all royalties paid to the state from mining activities and supports the growth of the mining industry through long-term, sustainable investments in the sector. Mr. Koranteng assumes the role of Independent Non-Executive Director in line with the agreed terms of MIIF's USD 5 million subscription in the Company, which forms the first part of its planned USD 32.9 million total investment in Atlantic Lithium and its Ghanaian subsidiaries to expedite the development of the Company's Ewoyaa Lithium Project. Prior to joining MIIF, Mr. Koranteng held the role of Business Head for East, Central and Southern Africa for Ghana International Bank plc ("GHIB"), where he was responsible for GHIB's energy and mining portfolio.

At GHIB, he led various financing projects in Ethiopia, Ghana, Tanzania, Kenya and Malawi. Before that, Mr. Koranteng worked with the Chase Bank Group (Kenya), now SBM Bank of Mauritius, as the Group Head for Energy, Oil, Gas and Mining. Mr. Koranteng is the co-founder of one of Ghana's leading law firms, Koranteng & Koranteng Legal Advisors, and currently sits on the boards of major gold producer Asante Gold Corporation, the Minerals Income Investment Fund, and Glico General Insurance Ltd. in Ghana.

Mr. Koranteng holds a BA (Hons) from the University of Ghana, a Master of Laws in International Banking and Finance from the University of Leeds in the UK, a Postgraduate Diploma from BPP Law School in the UK and the Ghana School of Law. He has practised as a barrister in both the UK and Ghana and holds various executive and postgraduate certifications, including in Oil, Gas and Mining from the Blavatnik School of Government, University of Oxford in the UK.