American Lithium Corp. is actively engaged in the acquisition, exploration and development of Lithium resources within mining-friendly jurisdictions throughout the Americas. The company currently holds a significant land position of over 4,000 acres at the TLC Lithium project near Tonopah, NV.  

Plateau Energy Metals is a Canadian based company involved in the exploration and development of its Falchani Lithium project and its Macusani Uranium project in southeastern Peru. The company has 100% control of mineral concessions covering over 93,000 hectares, with significant and growing Lithium resources and all reported Uranium resources known in Peru, all of which are situated near infrastructure.

American Lithium has completed the merger with Plateau Energy Metals to consolidate their development-stage Lithium assets. Lithium demand is rapidly growing due to the increasing focus on electric vehicles, energy storage and renewable energy generation. Each holder of Plateau Shares is entitled to receive 0.29 of a common share of American Lithium and 0.145 of a common share purchase warrant of American Lithium.

The short term plan is to move both the Lithium projects forwards with 60-70% allocation to the project in Peru and the rest on the project in Tonopah. They plan to start drilling at Falchani in a couple of months and to start work on feasibility in both places. The two Lithium assets together will provide a great portfolio for the future.

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Company page: https://www.americanlithiumcorp.com/

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