| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/1/2023 | $5.00 | Buy | B. Riley Securities |
VANCOUVER, British Columbia, Nov. 04, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1)) is pleased to provide an update on operating activities. "We are making steady progress across all our projects," said American Lithium Interim CEO, Alex Tsakumis. "Our focus remains on diligently advancing each initiative as we are preparing for the anticipated recovery in the battery metals market. Recent market activity is reigniting optimism as our projects remain robust and are supported by strong fundamentals and sound economics." TLC Lithium Project An updated Mineral Resource Estimate ("MRE") is being finalized by Sta
VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the second quarter ended August 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Highlights for the Quarter: Falchani Flow Sheet Optimization Implementation of numerous additional tried and tested hydrometallurgical processing steps to optimize the core flow sheet and materially reduce costs;Reduction of sulfuric acid consumption by approximately 50%; andImprovement in the specification of key by-products, sulfate of potash and ce
VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to issue a letter to shareholders. Dear Shareholders, As the newly appointed Interim Chief Executive Officer of American Lithium, I am pleased to update you on our progress as we prepare for an inevitable lithium market recovery, particularly for "Made in America" lithium carbonate. All told, it has been a challenging period for the battery metals industry, with market conditions affecting all lithium developers worldwide. Despite this, we are committed and poised for what we are confident will be a robust recovery
VANCOUVER, British Columbia, Aug. 27, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) announces the resignation of Simon Clarke as Chief Executive Officer ("CEO") and Director of the Company effective September 1, 2024. Mr. Clarke is stepping down to pursue other interests but will continue to assist the Company in an advisory role. Alex Tsakumis, who has served on the Board of Directors since 2022, will assume the role of Interim CEO. Mr. Tsakumis is a seasoned mining executive who has worked in the mining sector for over 30 years. He has been involved in exploration, development and production projects thro
VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to announce the appointment of Paul Charlish as Chief Financial Officer (CFO) effective August 1, 2024. Mr. Charlish, most recently served as Vice President Finance and Corporate Secretary of American Lithium, and has over 35 years of financial experience, including audit and tax in public practice, as well as financial reporting and tax for public companies. He has extensive knowledge of financial reporting in accordance with IFRS, risk management, international tax, ICFR/SOX and internal controls, as well as in-de
VANCOUVER, British Columbia, July 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the first quarter ended May 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "The market backdrop remains challenging across the lithium sector; however, we have continued to make solid progress while prudently managing our working capital. Although prices in the uranium sector did consolidate somewhat during the quarter, commodity pricing remains at strong levels and uranium fundamen
VANCOUVER, British Columbia, June 27, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide an update on the optimization of the Falchani processing flow-sheet. This update is based on recently completed, and ongoing, test work at Australian Nuclear Science and Technology Organization Laboratories in Sydney, Australia ("ANSTO") in conjunction with TECMMINE in Lima, Peru ("TECMMINE"). The unique volcanic style of lithium mineralization at Falchani, combined with low impurity content allows its flow-sheet to resemble more conventional mining / processing flow-sheets versus most hardrock lithium
VANCOUVER, British Columbia, May 30, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the fiscal year and quarter ended February 29, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "This was an extremely successful year operationally for both Falchani and TLC, our advanced lithium projects in Peru and Nevada, respectively. We also made strong progress in positioning our large-scale uranium project, Macusani (in Peru), to unlock value for the Company and its shareholders. The
USA News Group Commentary VANCOUVER, BC, April 30, 2024 /PRNewswire/ -- Coming off a major market correction in 2023 down from 2-2022's record highs, the lithium market is primed for a rebound in 2024. Analysts at MorningStar using data shared from Platts, LME, Benchmarked Minerals, Fastmarkets, and MorningStar itself are forecasting lithium prices to stabilize and rise in 2024, and to nearly double from $17,000 to $30,000 per metric ton from 2023 to 2030. As the Electric Vehicle (EV) market moves towards a projected $1.66 trillion by 2030, lithium demand is expected to triple from 2022 levels over that time. Today with more than 65% of the world's lithium reserves, it's in Latin America whe
VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to announce the appointment of the former Deputy Minister of Mines, Augusto Cauti, as a Strategic Corporate Advisor in relation to its Peruvian Operations. Mr. Augusto Cauti is a seasoned mining executive who served as Deputy Minister of Mines of Peru in 2019-2020. He was previously an executive director of the Australia-Peru Chamber of Commerce (2015-2019) and General Counsel for Pan American Silver Peru (2006-2013). A lawyer by profession, educated in Peru (Pontifical Catholic University of Peru -PUCP) and in the
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
SD - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
Selected Financial DataThe following selected financial data is summarized from the Company's consolidated financial statements and related notes thereto (the "Financial Statements") for the first quarter ended May 31, 2024. Copies of the Financial Statements and MD&A are available at www.americanlithiumcorp.com or on SEDAR+ at www.sedarplus.ca.Three MonthsMay 31, 2024Three MonthsMay 31, 2023 Loss and comprehensive loss$7,006,169$11,122,415Loss per share - basic and diluted($0.03)($0.05)
Roth MKM analyst Joe Reagor maintains American Lithium (NASDAQ:AMLI) with a Buy and lowers the price target from $5.5 to $3.25.
One of the largest U.S. lithium projects recently cleared a key permitting milestone after lengthy delays. But it’s just one step in a nation where mine permitting is a key chokepoint for the Biden administration’s ambitions to ramp up domestic production of metals crucial to the energy transition. North Carolina-based Piedmont Lithium (NASDAQ:PLL) recently received a mining permit from the state for its lithium mining, concentrating and refining operation. The project has faced at least three years of local opposition over concerns that it could pollute drinking water. "Although this is largely company-specific news, any good news on permitting in (the) U.S. is good for domestic l
American Lithium (NASDAQ:AMLI) reported quarterly losses of $(0.02) per share. This is a 50 percent increase over losses of $(0.04) per share from the same period last year.
Things are looking up for lithium prices as Chinese companies return to the market after a period of working through existing inventories, helping to end a monthslong slide. The move higher will likely be gradual, as opposed to the record spike the market saw in 2022 when prices surged amid a bullish outlook for electric vehicle battery demand, increased market-led contract pricing mechanisms and sanctions that crimped the supply into Europe from Russia after it invaded Ukraine. Since then, expectations for electric vehicle adoption growth have been tempered by high prices amid inflation, range anxiety, concerns about resale value and impatience with charging times. Despite decreasing
The Company has been provided 180 calendar days from the date of the Notice, or until September 4, 2024, to regain compliance. The Company also confirms that its previous engagement of New Era Publishing to provide marketing services to the Company, as announced by the Company on May 8, 2023, was concluded on August 31, 2023 and no further services have been provided since that date.
American Lithium (NASDAQ:AMLI) announced a new estimated value of its Falchani lithium project, tripling the previous forecast to $5.11 billion. Alongside lithium carbonate, a potential potash sulfate and cesium sulfate byproducts could raise the after-tax value to $5.58 billion. "The very large increase in net present value, combined with a low initial capex and robust economics in the updated preliminary economic assessment for Falchani, is the culmination of successful work programs at site and flow sheet optimization over the last couple of years," CEO Simon Clarke said in a statement. The Falchani project, situated in southern Peru near the border with Bolivia, is the sole lithium
B. Riley Securities initiated coverage of American Lithium Corp. with a rating of Buy and set a new price target of $5.00
VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the second quarter ended August 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Highlights for the Quarter: Falchani Flow Sheet Optimization Implementation of numerous additional tried and tested hydrometallurgical processing steps to optimize the core flow sheet and materially reduce costs;Reduction of sulfuric acid consumption by approximately 50%; andImprovement in the specification of key by-products, sulfate of potash and ce
VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to announce the appointment of Paul Charlish as Chief Financial Officer (CFO) effective August 1, 2024. Mr. Charlish, most recently served as Vice President Finance and Corporate Secretary of American Lithium, and has over 35 years of financial experience, including audit and tax in public practice, as well as financial reporting and tax for public companies. He has extensive knowledge of financial reporting in accordance with IFRS, risk management, international tax, ICFR/SOX and internal controls, as well as in-de
VANCOUVER, British Columbia, July 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the first quarter ended May 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "The market backdrop remains challenging across the lithium sector; however, we have continued to make solid progress while prudently managing our working capital. Although prices in the uranium sector did consolidate somewhat during the quarter, commodity pricing remains at strong levels and uranium fundamen
USA News Group Commentary VANCOUVER, BC, April 30, 2024 /PRNewswire/ -- Coming off a major market correction in 2023 down from 2-2022's record highs, the lithium market is primed for a rebound in 2024. Analysts at MorningStar using data shared from Platts, LME, Benchmarked Minerals, Fastmarkets, and MorningStar itself are forecasting lithium prices to stabilize and rise in 2024, and to nearly double from $17,000 to $30,000 per metric ton from 2023 to 2030. As the Electric Vehicle (EV) market moves towards a projected $1.66 trillion by 2030, lithium demand is expected to triple from 2022 levels over that time. Today with more than 65% of the world's lithium reserves, it's in Latin America whe
VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to announce the appointment of the former Deputy Minister of Mines, Augusto Cauti, as a Strategic Corporate Advisor in relation to its Peruvian Operations. Mr. Augusto Cauti is a seasoned mining executive who served as Deputy Minister of Mines of Peru in 2019-2020. He was previously an executive director of the Australia-Peru Chamber of Commerce (2015-2019) and General Counsel for Pan American Silver Peru (2006-2013). A lawyer by profession, educated in Peru (Pontifical Catholic University of Peru -PUCP) and in the
VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to announce the engagement of Davidson & Company LLP, Chartered Professional Accountants ("Davidson"), as auditor of the Company for the 2024 fiscal year. Davidson is a full-service accounting firm based in Western Canada. It is one of the largest public auditors in Canada with significant experience in the natural resource sector including engagements with numerous mining companies focused on many jurisdictions globally. To facilitate the engagement, Ernst & Young LLP, Chartered Professional Accountants ("EY"), hav
VANCOUVER, British Columbia, Nov. 15, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to report the voting results for the Company's Annual and Special Meeting of Shareholders (the "Meeting") held today in Vancouver, British Columbia. Detailed voting results of the election of the Company's board of directors (the "Board of Directors") are set out below: NomineeVotes For% ForVotes Withheld% WithheldAndrew Bowering19,518,78490%2,193,64910%Simon Clarke20,863,12096%850,3134%Laurence Stefan18,886,92887%2,826,50513%Ben Binninger19,684,22891%2,029,2059%Alex Tsakumis17,434,22480%4,279,20920%Claudia To
VANCOUVER, British Columbia, July 19, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) provides financial and operating highlights for the first quarter ended May 31, 2023. Unless otherwise stated, all amounts presented are in Canadian dollars. "We continue to see good progress on all fronts and delivered on several key milestones," stated Simon Clarke, CEO of American Lithium. "We filed a robust maiden PEA at our wholly owned TLC Lithium Project in Nevada ("TLC") and that project has now moved into pre-feasibility with DRA Global as lead engineer. In Peru, we continue to make good progress at our Falchani Lith
VANCOUVER, British Columbia, May 17, 2023 (GLOBE NEWSWIRE) -- United Lithium Corp. ("United" or the "Company") (CSE:ULTH, OTC:ULTHF, FWB: 0ULA))) announces that Michael Kobler has been appointed to the board of directors. Mr. Kobler has joined the board of directors of the Company effective immediately. He is replacing Amandeep Parmar, who resigned as a director of the Company to focus on other ventures. The board of directors thanks Mr. Parmar for his service to the Company. Scott Eldridge, CEO of the Company stated: "We welcome Michael to the board. We look forward to working with him as he brings a wealth of knowledge and experience in the lithium sector. He is also a co-f
VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ-AML, Frankfurt:5LA1))) is pleased to announce that it has appointed DRA Global ("DRA") as lead engineer to coordinate completion of a Pre-Feasibility Study ("PFS") on the Company's Falchani Lithium Project in Southern Peru ("Falchani"). As part of this process, Stantec Consulting Ltd. ("Stantec") will also prepare an updated mineral resource estimate on Falchani which will involve the reclassification of existing resource categories, as well as including new drill data from the recent hydrology drilling which commenced in August 2022. The Company a