How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Learn How American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is Emerging as a Leader in the Race to Build Large Lithium Mines in the US and Peru

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As we stand on the cusp of the electric revolution, a new energy paradigm is unfolding.

The global market for electric vehicles (EVs) is exploding, with sales set to leap 35% this year after a record-breaking 2022.¹

image3 1 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Source: rhomotion.com

The key ingredient fueling this revolution? Lithium.

Without it, the entire electric revolution would come to a screeching halt.

Lithium is the lifeblood of the EV industry. As the demand for EVs soars, so too does the demand for lithium.

As major automakers like Tesla, Ford, and General Motors pivot towards electric, they’re racing to secure reliable lithium supplies.

Breaking News

American Lithium Announces Financial Highlights For Year Ended February 28, 2023 And Operating Highlights For The Quarter

General Motors invested $650M into Lithium Americas² and led a $50M deal to secure lithium for its EVs.³

Ford recently signed a lithium supply deal with Canada’s Nemaska Lithium,⁴ and Tesla has signed a new agreement to secure lithium supply.⁵ These giants are not just investing in lithium – they’re investing in the future of transportation.

Despite a temporary slowdown in Chinese demand,⁶ contract prices between lithium miners and off-takers remain high,⁷ battery makers are still restocking supplies, and demand continues to outpace supply by 3%.⁸

It’s clear. The lithium market’s still hot and shows no signs of cooling down and it’s only a matter of time that the price will eventually start to shoot up again.

Discover the hidden gem that has been flying under the radar – American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI). This Nevada-based lithium mining company has burst onto the scene as the latest addition to the NASDAQ platform.

While others have overlooked its potential, we’ve unearthed a game-changer that demands attention.

image5 1 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Unlock the captivating tale of American Lithium, a company driven by strategic positioning and resourceful management.

With a firm grip on two of the largest lithium deposits in the Americas, boasting a remarkable Measured and Indicated (M&I) resource of 9.8 million metric tons (MT) of⁹ lithium carbonate (Li₂CO₃) and an additional Inferred resource of 5.66 MT of Li₂CO₃, American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is making waves.

The company’s flagship TLC project in Nevada Mineral Resource Estimate at TLC – reported significant increase in lithium resources at TLC: Measured Resources increased 25% and Indicated Resources increased 129%.

Recent headlines hailed a couple of American Lithium Corp.’s milestone achievements: significantly increasing its lithium resources at its flagship TLC project in Tonopah, Nevada, with Measured Resources up 25% and Indicated Resources up an impressive 129%¹⁰ from previous estimates and securing approval from Peruvian authorities to commence development and discovery drilling at Falchani. This remarkable feat marks the first such permit issued in the country in two years, cementing American Lithium’s status as a serious player in the industry.

But their portfolio doesn’t end there. American Lithium (TSXV:LI) (NASDAQ:AMLI) also owns world’s fifth-largest undeveloped uranium deposit, which contains an indicated resource of 51.9 million pounds (Mlbs) of uranium concentrate (U₃O₈) and an inferred resource of 72.1 Mlbs of U₃O₈. In an effort to recognize the market value of this advanced, development stage project, AMLI has inked an agreement to spinout the project into an independent public company.¹¹

Now let’s take a deeper dive into why American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is perfectly positioned as a serious player in the lithium revolution.

7 Reasons

Why American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) Should Be Your Watchlist

Two of the Largest Lithium Deposits in the Americas: Across its two flagship lithium assets, American Lithium (TSXV:LI) (NASDAQ:AMLI) boasts 9.8 MT Li₂CO₃ M&I and 5.66 MT Li₂CO₃ Inferred.¹²

World’s 5th Largest Undeveloped Uranium Deposit: At its Macusani Uranium project, American Lithium has a resource of 51.9 Mlbs U₃O₈ Indicated and 72.1 Mlbs U₃O₈ Inferred.¹³

Robust Economics Underpinned by Low-Cost Position: Across all three projects, American Lithium’s cumulative NPV comes in at a very respectable $5.3 billion, representing a substantial difference from their current market cap of $400 million, suggesting AMLI could be significantly undervalued by the market.¹⁴

Accomplished Management Team: Leading the way is a team that brings deep technical expertise and a proven track record of wealth creation, including Chairman Andrew Bowering the founder of Millennial Lithium which was acquired by Lithium Americas for C$491 million, and President, COO and Director Dr. Laurence Stefan who was part of the team who made the discovery at the Falchani project.

Sustainable and Ethical Business Model: Unlike many projects of its peers, American Lithium’s (TSXV:LI) (NASDAQ:AMLI) assets come with key strengths that include no water issues, no endangered species, and low deleterious elements. As well, the company has built strong relationships with local communities and prioritizes ethical governance practices.

Well-Funded with Strong Treasury: With no debt, no royalties attached to their assets, and over C$28M in cash at hand, American Lithium is in a very strong position on the financial front.

Trading at a Steep Discount to Peer Group: Despite a potentially significant undervaluing by the market, American Lithium (TSXV:LI) (NASDAQ:AMLI) has plenty of key milestones ahead that should close the gap, including more project development, resource upgrades, and a uranium spin-out ahead that could really move the needle.

image4 2 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Addressing the Urgent Lithium Shortage in the EV Market

American Lithium’s (TSXV:LI) (NASDAQ:AMLI) controls two of the largest lithium deposits in the Americas. They include its “made in America” TLC project, which currently hosts 4.2Mt of Li₂CO₃ in measured resources, 4.63Mt Li₂CO₃ in indicated resources, and 1.86Mt Li₂CO₃ in inferred resources.¹⁵

The vast TLC deposit has the ability to provide a significant contribution to the necessary lithium supply for the growing EV market.

This project is strategically located in Nevada, just 25 miles from Albemarle’s Silver Peak, which is the only currently producing lithium mine in the US. Moreover, the TLC project’s resources are similar in scale to those of Lithium Americas’ multi-billion dollar Thacker Pass project, also in Nevada.

One key advantage that the TLC project has over Thacker Pass, however, is its position above the water table. This allows for more efficient and profitable lithium production, positioning it as a crucial contributor to meeting the lithium demand of the burgeoning EV market.

Yet, as can be seen below, American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is being significantly undervalued by the market, compared to its Nevada-asset peer group.

LI Chart How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Robust Economics Underpinned by Low-Cost Position an NPV of $5.3B²⁰

American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is strategically positioned with two flagship lithium projects, TLC and Falchani, both of which offer strong economic prospects thanks to their low-cost attributes.

image10 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

In Nevada, American Lithium’s (TSXV:LI) (NASDAQ:AMLI) TLC Lithium Project is a 100% owned, large-scale lithium claystone project characterized by its near-surface deposit, weakly-bound lithium mineralization with minimal overburden.

The deposit sits above the water table, lending significant environmental advantages. Also noteworthy is that the area contains no threatened or protected plants or wildlife.

Importantly, the project also brings value addition through its magnesium by-product. The 12,300-acre property is conveniently located near highways, electrical and rail lines, and a natural gas line, and has secured water rights.

image11 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

The economics of American Lithium’s (TSXV:LI) (NASDAQ:AMLI) TLC project are impressive with an NPV valued at $3.26 billion, and could pay off its costs in less than four years, making a 27.5% IRR. TLC also expects to make about $396 million each year, producing battery-grade lithium for 40 years.²¹

According to the PEA, over the 40 years LOM, the TLC project is expected to yield 1.46 Mt of lithium.²²

image6 1 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Elsewhere, American Lithium’s (TSXV:LI) (NASDAQ:AMLI) Falchani Lithium Project in Peru, estimated to be the 6th largest hard rock lithium deposit globally, offers different strengths. The project holds the potential for additional revenue from by-products like cesium and sulfate of potash (SOP), both highly sought-after fertilizers in Peru.

With strong local community support and involvement, the project also benefits from proximity to the Two Oceans highway, hydroelectric power, and an abundant supply of water and labor.

image2 1 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

The economics of American Lithium’s (TSXV:LI) (NASDAQ:AMLI) Falchani project are also very robust with an NPV worth $1.5 billion, and could pay off its costs in just over four years, making an 19.7% IRR. It will cost around $587 million to start and about $3,958 for each ton of lithium carbonate that it produces.

The project plans to run for 33 years and make about $8.97 billion in total, which means about $430 million every year.²⁴ For the first 7 years, it’s expected to produce 23,000 tons of lithium carbonate per year. But from year 8 to 26, it plans to produce 41,000 tons per year.²⁵

Press Releases

Notably, Peru’s current situation adds value to the Falchani project.

With Peru’s fertilizer imports reaching $790 million in 2021 and an ongoing struggle to meet the country’s fertilizer demand,²⁶ the potash and cesium by-products from Falchani present an exceptional opportunity. Furthermore, the country is eager to capitalize on the ‘window of opportunity’ presented by lithium, as indicated by the country’s leadership.²⁷

World’s 5th Largest Undeveloped Uranium Deposit

American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is not only a significant player in the lithium market but also harbors one of the world’s largest and lowest-cost uranium deposits, the Macusani Uranium Project.

This project, also situated in the Americas, plays an essential role in the global drive for clean and efficient energy and is subject of its pending spin-out opportunity.²⁸

image8 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

American Lithium’s (TSXV:LI) (NASDAQ:AMLI) Macusani project looks very promising with a NPV8 (Net Present Value at an 8% discount rate) of $603M with just a 1.8-year payback period post-tax.²⁹

The IRR is an impressive 40.6% if they’re selling uranium at $50 per pound—all while the price has been projected to reach $80 this year.³⁰

The project is set to run for 10 years and is expected to produce about 6 million pounds of uranium annually. According to the Preliminary Economic Assessment, total production over the 10 year life of mine (LOM) will be 70 million pounds of uranium. But the crazy part is, this estimate only includes 15% of the exploration land package.³¹

The best part is that Macusani’s project is quite economical. It costs about $17 per pound LOM cash cost and $18 per pound all-in-sustaining costs (AISC). It’s going to cost around $300 million of initial capex to start, which is cost-efficient given how big this project is.³²

As one of the world’s largest undeveloped uranium deposits, American Lithium’s (TSXV:LI) (NASDAQ:AMLI) Macusani Uranium Project has immense potential to contribute significantly to the global energy mix, especially as the demand for clean and efficient energy solutions continues to rise.

Well-Funded with Strong Treasury

American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is in an enviable financial position, with a strong treasury underpinning its business operations. With $28 million in cash reserves, the company boasts a robust balance sheet that is devoid of debt and royalties. This financial strength allows American Lithium to focus fully on advancing its projects and exploring new opportunities without the constraints and pressure that debt often brings.

image1 1 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Taking a look at the capital structure of the company, it’s clear that American Lithium enjoys robust institutional support and a broad retail investor base.

A healthy mix of institutional ownership demonstrates the confidence that professional investment bodies have in American Lithium’s (TSXV:LI) (NASDAQ:AMLI) strategy, management, and projects.

On the other hand, the company’s wide retail base, with over 70,000 retail investors, shows American Lithium’s appeal to individual investors who recognize the company’s potential in the expanding lithium and uranium markets.

image9 1 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Sustainable and Ethical Business Model with an Emphasis on ESG

For American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI), the focus is not solely on being a leader in lithium and uranium production. Equally important is the commitment to ensuring that the processes and methods used are sustainable and ethical. This dedication is clearly seen in the company’s strong emphasis on ESG – Environmental, Social, and Governance.

Environmental stewardship is at the forefront of American Lithium’s operational strategy. For all its projects – TLC, Falchani, and Macusani, the company takes a diligent approach to minimize ecological impact.
Key strengths include:

No Water Issues: American Lithium (TSXV:LI) (NASDAQ:AMLI) operates its projects with a keen focus on water conservation. Through effective water management strategies, the company ensures it doesn’t strain local water resources, recognizing water as a critical and often scarce resource.
Low Deleterious Elements: The unique mineralogy at TLC is low in deleterious elements (arsenic, mercury), allowing for rapid lithium leaching with over 90% recovery techniques and helping to reduce potential environmental harm.³³
No Endangered Species: Respecting biodiversity, American Lithium carefully ensures its operations don’t disrupt the habitats of endangered species. Its project sites are selected and managed with a careful understanding of local ecosystems.

On the social and governance fronts, the company is just as vigilant. From building strong relationships with local communities to prioritizing ethical governance practices, American Lithium (TSXV:LI) (NASDAQ:AMLI) exemplifies what it means to be a responsible corporate entity.

In a time when more and more investors and stakeholders value companies that can balance profit with responsibility, American Lithium’s commitment to its ESG goals places it as a company ready for a sustainable future.

image7 1 How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Accomplished Management Team

American Lithium’s (TSXV:LI) (NASDAQ:AMLI) leadership team offers deep technical expertise and a proven track record of wealth creation. The AMLI team includes:

Simon ClakeCEO and Director

Clarke brings over 25 years of leadership experience in the mining, energy, and energy technology sectors. He notably founded and led M2 Cobalt Corp., a cobalt/copper exploration firm in East Africa, which was later acquired by billion-dollar market cap company Jervois Global in 2019. Clarke continued as a director and senior executive at Jervois for a year. He also co-founded and served as an executive and director for Osum Oil Sands Corp.

Andrew BoweringChairman

Bowering is a seasoned venture capitalist with 30+ years in global mineral exploration and development. He co-founded Millennial Lithium, which was acquired by Lithium Americas for C$491 million in 2022. He has raised significant funds in equity financings and has vast experience with precious, base, and industrial metals, primarily in the Americas. Besides his role at American Lithium, he also holds advisory and directorship roles at several other corporations including Prime Mining Corp., Apollo Silver Corp, American Copper Development Corp, and United Lithium.

Dr. Laurence StefanPresident, Chief Operating Officer and Director

Dr. Stefan has 30+ years of experience in mining, covering various aspects such as exploration, development, mining, and marketing. He was previously the managing director in Peru, founder of Plateau Energy Metals, and involved in several global projects, including leading the discovery team for the Falchani lithium project.

Ted O’ConnorExecutive Vice President

O’Connor is a professional geoscientist with over three decades in the exploration industry. His experience includes pivotal roles in Plateau Energy Metals and as Director of Corporate Development for Cameco, where he spearheaded global uranium deposit exploration. O’Connor was instrumental in generating new projects from inception through discovery, including significant contributions to the discovery of the Falchani project.

RECAP: 6 Reasons

To Keep an Eye on American Lithium (TSXV:LI) (NASDAQ:AMLI)³⁴

Two of the Largest Lithium Deposits in the Americas: American Lithium (TSXV:LI) (NASDAQ:AMLI) possesses an impressive 9.8 MT Li₂CO₃ M&I and 5.66 MT Li₂CO₃ Inferred.

World’s 5th Largest Undeveloped Uranium Deposit: At the Macusani Uranium project, American Lithium holds 51.9 Mlbs U₃O₈ Indicated and 72.1 Mlbs U₃O₈ Inferred.

Robust Economics Underpinned by Low-Cost Position: American Lithium‘s cumulative NPV stands at a notable $5.3 billion, which is a substantial difference compared to its current market cap of $426 million.

Accomplished Management Team: The team brings deep technical expertise and a proven track record of wealth creation, including Chairman Andrew Bowering, the founder of Millennial Lithium, which was acquired by Lithium Americas for C$491 million, as well as members of the discovery team for the Falchani project including President, COO and Director, Dr. Laurence Stefan.

Sustainable and Ethical Business Model: American Lithium’s assets come with distinct advantages, including no water issues, no endangered species concerns, and low deleterious elements.

Well Funded with Strong Treasury: With no debt, no attached royalties, and a treasury holding over $40 million in cash, American Lithium maintains a strong financial position.

The EV isn’t coming – it’s already here. As automakers and battery manufacturers scramble for lithium, American Lithium. (TSXV:LI) (NASDAQ:AMLI) stands tall against its peers.

With a robust portfolio, strong financial footing, and a sustainable business model, American Lithium is well-positioned to ride the wave of the electric revolution. As the global demand for lithium continues to surge, the future holds electrifying potential for American Lithium.

Now is the perfect moment to embark on your due diligence. Stay informed and track AMLI’s latest news and milestones right here.

*Currency in USD unless otherwise stated

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footnotes:
[1] https://www.iea.org/news/demand-for-electric-cars-is-booming-with-sales-expected-to-leap-35-this-year-after-a-record-breaking-2022 [2] https://techcrunch.com/2023/01/31/gm-invests-650-million-lithium-evs/ [3] https://techcrunch.com/2023/04/11/gm-leads-50m-energyx-deal-to-lock-down-lithium-for-its-evs/ [4] https://www.autonews.com/automakers-suppliers/ford-signs-lithium-supply-deal-canadas-nemaska [5] https://electrek.co/2023/01/03/tesla-signs-agreement-secure-piedmont-lithium-supply/ [6] https://www.bloomberg.com/news/articles/2023-04-17/lithium-in-china-may-be-bottoming-as-low-margins-hit-producers [7] https://www.fastmarkets.com/insights/spot-price-volatility-drives-record-volumes-cme-lithium-contract [8] https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/040423-global-lithium-demand-seen-outpacing-production-in-2023-oce [9] (1) See American Lithium’s TLC Lithium Project PEA entitled “Tonopah Lithium Claims Project NI 43-101 Technical Report - Preliminary Economic Assessment” with an effective date of January 31, 2023 (2) See American Lithium’s Falchani Lithium Project PEA entitled “Falchani Lithium Project N1 43-101 Technical Report – Preliminary Economic Assessment” with an effective date of February 4, 2020 [10] https://americanlithiumcorp.com/american-lithium-announces-financial-highlights-for-year-ended-february-28-2023-and-operating-highlights-for-the-quarter/ [11] https://americanlithiumcorp.com/american-lithium-reaches-definitive-agreement-to-spin-out-macusani-uranium-deposit-into-an-independent-public-company/ & See American Lithium’s Macusani Uranium Project PEA entitled “Macusani Project, Macusani, Peru, N1 43-101 Report – Preliminary Economic Assessment” with an effective date of January 12, 2016 (Originally published by Plateau Energy Metals) [12] (1) See American Lithium’s TLC Lithium Project PEA entitled “Tonopah Lithium Claims Project NI 43-101 Technical Report - Preliminary Economic Assessment” with an effective date of January 31, 2023 (2) See American Lithium’s Falchani Lithium Project PEA entitled “Falchani Lithium Project N1 43-101 Technical Report – Preliminary Economic Assessment” with an effective date of February 4, 2020 [13] See American Lithium’s Macusani Uranium Project PEA entitled “Macusani Project, Macusani, Peru, N1 43-101 Report – Preliminary Economic Assessment” with an effective date of January 12, 2016 (Originally published by Plateau Energy Metals) [14] See 12/13 [15] See American Lithium’s TLC Lithium Project PEA entitled “Tonopah Lithium Claims Project NI 43-101 Technical Report - Preliminary Economic Assessment” with an effective date of January 31, 2023 [16] https://www.sec.gov/Archives/edgar/data/915913/000091591322000079/alb-20211231.htm [17] https://www.ioneer.com/projects/about-rhyolite-ridge/reserves-resources/ [18] https://www.lithiumamericas.com/_resources/presentations/corporate-presentation.pdf?v=0.702 [19] https://www.compassminerals.com/what-we-do/lithium [20] (1) See American Lithium’s TLC Lithium Project PEA entitled “Tonopah Lithium Claims Project NI 43-101 Technical Report - Preliminary Economic Assessment” with an effective date of January 31, 2023 (2) See American Lithium’s Falchani Lithium Project PEA entitled “Falchani Lithium Project N1 43-101 Technical Report – Preliminary Economic Assessment” with an effective date of February 4, 2020 (3)See American Lithium’s Macusani Uranium Project PEA entitled “Macusani Project, Macusani, Peru, N1 43-101 Report – Preliminary Economic Assessment” with an effective date of January 12, 2016 (Originally published by Plateau Energy Metals) [21] (1) See American Lithium’s TLC Lithium Project PEA entitled “Tonopah Lithium Claims Project NI 43-101 Technical Report - Preliminary Economic Assessment” with an effective date of January 31, 2023 [22] https://americanlithiumcorp.com/tlc-lithium-project/ [23] https://americanlithiumcorp.com/falchani-lithium-project/ [24] https://americanlithiumcorp.com/wp-content/uploads/2023/05/American-Lithium-Investor-Presentation-2023-V11.pdf [25] See American Lithium’s Falchani Lithium Project PEA entitled “Falchani Lithium Project N1 43-101 Technical Report – Preliminary Economic Assessment” with an effective date of February 4, 2020 [26] https://dialogochino.net/en/agriculture/57839-peru-struggles-to-meet-fertiliser-demand-as-global-crisis-takes-hold/ [27] https://www.reuters.com/markets/commodities/peru-wants-seize-lithium-window-opportunity-says-minister-2023-04-27/ [28] https://americanlithiumcorp.com/american-lithium-looks-to-spin-out-uranium-assets-to-independent-public-company/ [29] See American Lithium’s Macusani Uranium Project PEA entitled “Macusani Project, Macusani, Peru, N1 43-101 Report – Preliminary Economic Assessment” with an effective date of January 12, 2016 (Originally published by Plateau Energy Metals) [30] https://www.kitco.com/news/2022-12-22/-This-time-is-different-for-uranium-which-could-reach-80-in-2023-Lobo-Tiggre.html [31] https://americanlithiumcorp.com/macusani-uranium-project/#mineralization [32] https://americanlithiumcorp.com/macusani-uranium-project/#mineralization [33] https://americanlithiumcorp.com/wp-content/uploads/2022/03/The-Assay-American-Lithium-Corp.pdf [34] For Points 1-6, please refer to: (1) See American Lithium’s TLC Lithium Project PEA entitled “Tonopah Lithium Claims Project NI 43-101 Technical Report - Preliminary Economic Assessment” with an effective date of January 31, 2023 (2) See American Lithium’s Falchani Lithium Project PEA entitled “Falchani Lithium Project N1 43-101 Technical Report – Preliminary Economic Assessment” with an effective date of February 4, 2020 (3) See American Lithium’s Macusani Uranium Project PEA entitled “Macusani Project, Macusani, Peru, N1 43-101 Report – Preliminary Economic Assessment” with an effective date of January 12, 2016 (Originally published by Plateau Energy Metals)

Disclosure:

1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector.

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3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.

4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com.

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding American Lithium Corp.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to American Lithium Corp.’s industry; (b) market opportunity; (c) American Lithium Corp.’s business plans and strategies; (d) services that American Lithium Corp. intends to offer; (e) American Lithium Corp.’s milestone projections and targets; (f) American Lithium Corp.’s expectations regarding receipt of approval for regulatory applications; (g) American Lithium Corp.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) American Lithium Corp.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute American Lithium Corp.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) American Lithium Corp.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) the accuracy of budgeted costs and expenditures; (e) American Lithium Corp.’s ability to attract and retain skilled personnel; (f) political and regulatory stability; (g) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (h) changes in applicable legislation; (i) stability in financial and capital markets; and (j) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of American Lithium Corp. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) American Lithium Corp.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact American Lithium Corp.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing American Lithium Corp.’s business operations (e) American Lithium Corp. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, American Lithium Corp. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does American Lithium Corp. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither American Lithium Corp. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of American Lithium Corp. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of American Lithium Corp. or such entities and are not necessarily indicative of future performance of American Lithium Corp. or such entities.

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How One Company is Ready to Unlock Potential of the Nevada Desert and the Peruvian Plateau

Learn How American Lithium Corp. (TSXV:LI) (NASDAQ:AMLI) is Emerging as a Leader in the Race to Build Large Lithium Mines in the US and Peru

Breaking News

Addressing the Urgent Lithium Shortage in the EV Market

Robust Economics Underpinned by Low-Cost Position an NPV of $5.3B²⁰

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World’s 5th Largest Undeveloped Uranium Deposit

Well-Funded with Strong Treasury

Sustainable and Ethical Business Model with an Emphasis on ESG

Accomplished Management Team

QUICK LINKS TO PREFERRED BROKERAGES

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PressReach

Breaking News

Addressing the Urgent Lithium Shortage in the EV Market

Robust Economics Underpinned by Low-Cost Position an NPV of $5.3B20

Press Releases

World’s 5th Largest Undeveloped Uranium Deposit

Well-Funded with Strong Treasury

Sustainable and Ethical Business Model with an Emphasis on ESG

Accomplished Management Team

Get Money Saving Tips

QUICK LINKS TO PREFERRED BROKERAGES

More News From This Company

Robust Economics Underpinned by Low-Cost Position an NPV of $5.3B²⁰

Get Money
Saving Tips