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Updated PEA for Falchani Highlights Robust Economics After-tax NPV8% Triples to US$5 11 Billion, IRR 32 0% and Low Opex $5,093/t LCE

VANCOUVER, British Columbia, Jan. 10, 2024 American Lithium Corp. is pleased to announce the results of its updated Preliminary Economic Assessment for the Falchani Lithium project located.

Western australiaBritish columbiaUnited statesUnited kingdomDavid alan thompsonb techSimon clarkeTed oconnorJohn joseph riordanGlobal limitedStantec consulting services ltdLi only base caseMining pension fundBoard of directors american lithium corpAmerican lithium corpNational instrumentRegulation services provider

Updated PEA for Falchani Highlights Robust Economics

VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AMLI |.

Western australiaBritish columbiaUnited statesUnited kingdomDavid alan thompsonb techSimon clarkeTed oconnorJohn joseph riordanSensitivities base caseNational instrumentRegulation services providerSa pty ltdVenture exchangePacific pty ltdGlobal limitedAmerican lithium corp

American Lithium: Updated PEA for Falchani Highlights Robust Economics After-tax NPV8% Triples to US$5 11 Billion, IRR 32 0% and Low Opex $5,093/t LCE

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Western australiaUnited statesBritish columbiaUnited kingdomJohn joseph riordanTed oconnorSimon clarkeDavid alan thompsonb techSensitivities base caseStantec consulting services ltdPacific pty ltdLi only base caseSa pty ltdAmerican lithium corpVenture exchangeMining pension fund

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