VANCOUVER, Aug. 24, 2017 /CNW/ - American Lithium Corp.
(TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA; WKN: A2AHEL) ("American Lithium" or the
"Company") announces that its outstanding share capital will be consolidated on a one-for-ten basis, effective at the opening of
markets on August 28, 2017. Following completion of the consolidation, the Company will have
approximately 5,865,278 common shares outstanding.
ABOUT American Lithium Corp.
American Lithium Corp. is engaged in the acquisition, exploration and development of lithium deposits within mining-friendly
jurisdictions throughout the Americas. American Lithium holds options to acquire Nevada
lithium brine claims totaling 22,332 acres (9,038 ha), including 18,552 contiguous acres (7,508 ha) in Fish Lake Valley, Esmeralda County; and the 2,240 acre (907 ha) San Emidio
Project in Washoe County. The Company's Fish Lake Valley lithium brine properties are
located approximately 38 kilometers from Albemarle's Silver Peak, the largest lithium operation in the U.S. American
Lithium is listed on the TSXV under the trading symbol "LI". For further information, please visit the Company's
website at www.americanlithiumcorp.com.
On behalf of the Board,
American Lithium Corp.
Michael Kobler, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements
Statements in this release that are forward-looking information are subject to various risks and uncertainties concerning
the specific factors disclosed here. Information provided in this release is necessarily summarized and may not contain all
available material information. All such forward-looking information and statements are based on certain assumptions and
analyses made by American Lithium management in light of their experience and perception of historical trends, current conditions
and expected future developments, as well as other factors management believes are appropriate in the circumstances. These
statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the forward-looking information or statements. Important factors that
could cause actual results to differ from these forward-looking statements include those described under the heading "Risks
Factors" in American Lithium's most recently filed MD&A. The Company does not intend, and expressly disclaims any
obligation to, update or revise the forward-looking information contained in this news release, except as required by law.
Readers are cautioned not to place undue reliance on forward-looking information or statements.
SOURCE American Lithium Corp
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