American Lithium Corp. is pleased to provide details of a recent breakthrough on process development at its Tonopah Lithium Claims Project located close to Tonopah, Nevada. Highlights: Ongoing process work at Hazen Research Inc. has shown that roasting TLC lithium bearing claystones with sulfate and chloride salts, followed by water leaching, results in 82% of lithium being extracted with a significantly lower impurity [...]
American Lithium Corp. is pleased to provide an update on recent developments at its Tonopah Lithium Claims Project located close to Tonopah, Nevada . Highlights: The U.S. Bureau of Land Management has confirmed that American Lithium's Plan of Operations, submitted in January 2021, has been accepted for review and is deemed complete Biological and Cultural Baseline Surveys prepared by American Lithium, in conjunction with [...]
American Lithium Corp. is pleased to announce positive lithium results from mapping and sampling of two new outcrop target areas in the Quelcaya region 6 kilometres west of the Falchani lithium deposit in the Macusani Plateau in southeastern Peru. The Company is also pleased to provide an update on upcoming exploration and development plans for these new areas and for the existing Falchani Lithium and Macusani Uranium [...]
American Lithium Corp. and Plateau Energy Metals Inc. are pleased to announce the completion of the acquisition by American Lithium of all of the issued and outstanding common shares of Plateau by way of a statutory plan of arrangement under the provisions of the Business Corporations Act . The Arrangement became effective as of 12:01 a.m. on May 11, 2021 , resulting in Plateau becoming a wholly-owned subsidiary of [...]
Plateau Energy Metals Inc. is pleased to announce that Plateau shareholders and optionholders have approved the plan of arrangement with American Lithium Corp. announced on February 9, 2021. The Arrangement was approved by: 99.809% of the votes cast by Plateau shareholders; and 99.827% of the votes cast by Plateau Securityholders, voting together as a single class. In addition, the Arrangement was approved by a simple [...]
American Lithium Corp. , a leader in the acquisition, exploration and development of lithium projects, is pleased to announce that Plateau Energy Metals received overwhelming shareholder support for its business combination with American Lithium at the Special Meeting of its stakeholders held earlier today. Highlights: Plateau shareholder and option holder vote was conducted by Special Resolution earlier today with [...]
American Lithium Corp. announces that it has completed a non-brokered private placement of 7,518,750 units 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 Warrant will entitle the holder to purchase one additional common share in the capital of the Company at a price of $3.00 per Warrant Share until April 29 [...]
American Lithium Corp. reports the results of the latest independent laboratory testing to beneficiate samples from its Tonopah Lithium Claims project which achieved a 49% mass reduction while increasing lithium grade by 66%. Subsequent leach testing extracted 96% of the lithium from upgraded samples. As previously announced on May 7, 2020, American Lithium has successfully shown the ability, under laboratory conditions [...]
Plateau Energy Metals Inc. announces that the Special Meeting of its security holders in connection with its previously announced business combination with American Lithium Corp. is scheduled to be held on May 3, 2021. Materials for the Special Meeting will be mailed to shareholders and optionholders of record as of the close of business on March 26, 2021. Further details about the Arrangement are set out in the news [...]
American Lithium Corp. reports being selected by the U.S. Department of Energy Advanced Manufacturing Office, with co-recipient American Battery Technology Company 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 [...]
American Lithium Corp. is pleased to announce that it has been named to the 2021 TSX Venture 50, an annual ranking of top performing listed companies on the TSX Venture Exchange. The 2021 TSX Venture 50 is an annual ranking of the top performing listed companies from five industry sectors: Clean Technology and Life Sciences, Diversified Industries, Energy, Mining, and Technology. The selection is based on year-over-year [...]
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 will [...]