TIDMCLON

RNS Number : 3977B

Clontarf Energy PLC

20 September 2018

20(th) September 2018

Clontarf Energy plc

("Clontarf" or "the Company")

Lithium Prospecting in Bolivia

Clontarf Energy, the oil and gas exploration company, is pleased to announce that it has submitted a proposal to explore one the world's largest Lithium-bearing salt-lakes in Bolivia. Lithium from salt pans is in demand for high performance batteries.

David Horgan, Director, commented:

"We have re-established our presence in Bolivia, and have initiated discussions with the Bolivian National Lithium Company (YLB) on a possible joint venture to study and, if indicated, explore the second largest lithium brine deposit in the world. Between 2008 and 2010 Clontarf examined salt pan lithium deposits in Bolivia but we were unable to proceed at that time. Lithium from salt pans is in demand for high performance batteries."

There is no guarantee that this work will lead to a binding contract.

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

ENDS

For further information please visit http://www.clontarfenergy.com/ or contact:

Enquiries:

 
            Clontarf Energy 
 John Teeling, Chairman                +353 (0) 1 833 2833 
 David Horgan, Director 
 
 Nominated Adviser and Broker 
 Northland Capital Partners Limited 
 Tom Price and Dugald Carlean 
  (Corporate Finance)                  +44 (0) 20 3861 6625 
 Rob Rees / Isabella Pierre 
 
 Public Relations 
 Blytheweigh                           +44 (0) 207 138 3206 
 Simon Woods                           +44 (0) 746 643 9633 
 Camilla Horsfall                      +44 (0) 787 184 1793 
 
 
   Teneo PSG 
 Luke Hogg                             +353 (0) 1 661 4055 
 Alan Tyrrell                          +353 (0) 1 661 4055

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END

UPDEAPNEASPPEEF

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