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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 expect ....

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Plateau Energy Metals Announces Receipt of Interim Court Order Mailing & Filing of Information Circular relating to Acquisition by American Lithium Completed

Plateau Energy Metals Announces Receipt of Interim Court Order Mailing & Filing of Information Circular relating to Acquisition by American Lithium Completed
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Plateau Energy Metals Provides Update on Arrangement with American Lithium


 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. These include statements regarding the intent of American Lithium and Plateau (the “Companies”), or the beliefs or current expectations of the officers and directors of the Companies post-closing of the Arrangement.  Forward-looking statements in this news release include, but are not limited to, statements regarding anticipated benefits of the Arrangement, the closing of the Arrangement, TLC and Falchani (the “Projects”) and any statements rega ....

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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’ e ....

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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 e ....

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