Aterian PLC - New Licences and Atlantis Metals Acquisition

Aterian PLC is pleased to announce the completion of the acquisition of Atlantis Metals, along with the award of six new prospecting licenses in Botswana's Kalahari Copperbelt. This expands our critical metal exploration efforts in stable, business-friendly jurisdictions in Africa. Our strategy focuses on copper and lithium exploration, supporting global energy transition initiatives.

The new licenses cover highly prospective areas for copper-silver deposits, with significant potential for future developments. The Makgadikgadi Lithium Brine Project, located in Botswana, has been identified as a key exploration priority due to historical data indicating lithium brine occurrences.