Advantage Lithium Announces Company Tier Reclassification
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 30, 2017) - Advantage Lithium Corp. (the
"Company" or "Advantage Lithium") (TSX
VENTURE:AAL)(OTCQX:AVLIF) is pleased to announce that in accordance with Policy 2.5, the Company has
met the requirements for a Tier 1 company. Therefore, effective Tuesday, May 30, 2017, the Company's Tier classification will
change from Tier 2 to Tier 1.
About Advantage Lithium Corp.
Advantage Lithium Corp. is a resource company specializing in the strategic acquisition, exploration and development of
lithium properties and is headquartered in Vancouver, British Columbia. The common shares of the company are listed on the TSX
Venture Exchange (TSX VENTURE:AAL), and the company is also traded on the OTCQX Best Market in the U.S. (OTCQX:AVLIF). The
company has signed an LOI, subject to definitive agreement, with lithium producer, Orocobre, subject to definitive agreement, to
acquire 100% interest in five projects in Argentina and a 75% interest in a sixth, called Cauchari. Cauchari is host to a
near-surface estimated inferred resource of 230 million cubic metres of brine at 380 mg/l Lithium that equates to 470,000 tonnes
of lithium carbonate (LCE), and a large exploration target of 5.6mt to 0.25mt of LCE and 19mt to 0.9 of KCL. Cauchari is located
just 20 km south Orocobre's flagship Olaroz Lithium Facility. The Company is also earning an interest from Nevada Sunrise Gold
Corp., in a portfolio of five lithium brine projects in the Clayton and Lida Valley regions of Nevada, USA, including 70% in
Clayton NE. In addition, the Company has acquired 100% of the Stella Marys lithium brine project, immediately adjacent to
Orocobre's Salinas Grandes project that hosts an inferred, near-surface resource, in Argentina's Lithium Triangle.
Further information about the Company can be found at www.advantagelithium.com.
ADVANTAGE LITHIUM CORP.
David Sidoo, President
Cautionary Statement:
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian
legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "is
expected", "intends", or "has the potential to". Forward looking statements contained in this press release may include
statements regarding the future operating or financial performance of Advantage that involve known and unknown risks and
uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or
forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and
uncertainties surrounding future expectations. The forward-looking statements included in this press release are made as of the
date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable
securities legislation.
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.