CleanTech Lithium PLC (AIM: CTL), an exploration and development company advancing lithium projects in Chile and Argentina, has announced the exercise of warrants over 1,057,300 new ordinary shares at £0.06 per share, raising gross proceeds of £63,438. The warrants were originally issued in connection with a placing announced on 11 August 2025. Admission of the new shares to AIM is expected on or around 16 November 2026, after which the company's total issued share capital will stand at 367,249,016 ordinary shares. Investors in lithium development companies may be watching the update as it adjusts the denominator used for regulatory shareholding notifications.

Key Points

  • CleanTech Lithium PLC (AIM: CTL) is an AIM-listed lithium exploration and development company focused on Chile and Argentina.
  • Warrant holders have exercised warrants over 1,057,300 new ordinary shares of £0.02 each at an exercise price of £0.06 per share, raising gross proceeds of £63,438.
  • AIM admission of the Warrant Shares is expected on or around 16 November 2026, bringing total issued share capital to 367,249,016 ordinary shares.
  • Investors should watch for confirmation of admission and any further updates on the Laguna Verde Special Lithium Operating Contract (CEOL) ratification.

Warrant Exercise Linked to August 2025 Placing Raises £63,438 for CTL

CleanTech Lithium confirmed on 12 November 2026 that it had received notices from warrant holders to exercise warrants over 1,057,300 new ordinary shares at an exercise price of £0.06 each. The warrants were issued in connection with a placing the company announced on 11 August 2025. The gross proceeds of £63,438 represent a modest capital inflow for the company as it continues to advance its lithium development pipeline. Each new share carries a nominal value of £0.02 and will rank pari passu with existing ordinary shares, meaning they carry equivalent rights upon admission to trading on AIM.

AIM Admission of 1,057,300 Warrant Shares Expected on or Around 16 November 2026

The company has applied to the London Stock Exchange for admission of the 1,057,300 Warrant Shares to trading on AIM, with the process expected to complete on or around 16 November 2026. Following admission, CleanTech Lithium's total issued share capital will consist of 367,249,016 ordinary shares, each carrying one voting right. The announcement states that this figure will serve as the denominator shareholders must use when assessing whether they are required to disclose interests or changes to interests under the FCA's Disclosure Guidance and Transparency Rules.

CleanTech Lithium's Chilean Projects and Direct Lithium Extraction Strategy

CleanTech Lithium operates two key lithium projects in Chile — Laguna Verde and Viento Andino — alongside exploration-stage assets at Arenas Blancas in the Salar de Atacama and Antofalla in Argentina's Salar de Antofalla, all situated within the lithium triangle. The company is committed to Direct Lithium Extraction technology, which the announcement states delivers higher recoveries and shorter development lead times without requiring extensive evaporation pond infrastructure. Notably, CleanTech Lithium and Chile's Mining Ministry have agreed contractual terms for a Special Lithium Operating Contract for Laguna Verde, though the announcement states this remains subject to final ratification.