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American Lithium closes $15 Million Private Placement – Simon Clarke Appointed New CEO

American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA1) (“ American Lithium” or the “ Company”), a leader in the acquisition, exploration and development of lithium projects, announces that it has completed a non-brokered private placement of 7,518,750 units (each, a “ Unit”) at a price of $2.00 per Unit for gross proceeds of $15,037,500.  Each Unit consists of one common share and one-half of one common share purchase warrant (each whole warrant a “ Warrant”). Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company (a “ Warrant Share”) at a price of $3.00 per Warrant Share until April 29, 2024. Proceeds of the placement will be used to continue development of the Company’s wholly owned TLC project in Nevada and for general working capital purposes. Subject to completion of the acquisition of Plateau Energy Metals Inc., which is expected to close within the n

American Lithium Co-recipient of U S Department of Energy Grant For US$4 5M Lithium Processing Pilot Plant

/EIN News/ VANCOUVER, British Columbia, March 04, 2021 (GLOBE NEWSWIRE) American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA1) (“American Lithium” or the “Company”), a global leader in the exploration and development of lithium projects, reports being selected by the U.S. Department of Energy Advanced Manufacturing Office (“DoE”), with co-recipient American Battery Technology Company (formerly called American Battery Metals Corporation) (“ABTC”) and another industry partner, to receive grant funding totalling 50% of the capital cost for a US$4.5 million lithium extraction/hydroxide pilot plant. The grant provides funding to complete field demonstration of selective leaching, targeted purification, and electro-chemical production of battery grade lithium hydroxide precursor from US claystone deposits, and more specifically American Lithium’s TLC Project, near Tonopah, Nevada (“TLC”). The funding is part of US government agencies’ efforts to

American Lithium Reaches Agreement to Acquire Plateau Energy Metals and Consolidate Development-Stage Lithium Assets

American Lithium Reaches Agreement to Acquire Plateau Energy Metals and Consolidate Development-Stage Lithium Assets American Lithium Corp. and Plateau Energy Metals Inc. are pleased to announce that they have entered into a definitive arrangement agreement to consolidate two significant and strategic undeveloped lithium assets in the Americas at a time of rapidly growing lithium demand in the context of increasing focus on electric vehicles, energy storage and renewable energy generation. It is expected that Plateau shareholders … American Lithium Corp. (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) (“ American Lithium ”) and Plateau Energy Metals Inc. (TSXV:PLU | OCTQB:PLUUF) (“ Plateau ”) are pleased to announce that they have entered into a definitive arrangement agreement (the “ Agreement ”) to consolidate two significant and strategic undeveloped lithium assets in the Americas at a time of rapidly growing lithium demand in the context of increasing focus on electric v

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