Atlas Lithium down the road from us just signed a second offtake with $30m equity prepayment.with Mitsui.
ATLX shares showing 24% up in early-market numbers.
$30m (all equity purchase) at 10% premium to 5 day VWAP in return for 15,000 tonnes from phase 1 and then 60,0000 tonnes per year from phase 2.
https://www.atlas-lithium.com/news/atlas-lithium-secures-us-30000000-strategic-investment-and-offtake-agreement-from-mitsui/
LRS General Discussion, page-17298
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