AMERICAN LITHIUM ANNOUNCES
6TH
PLACE
RANKING IN THE MINING SECTOR
ON THE TSXV
2019 VENTURE 50
Vancouver,
BC,
March
6,
2019 --
InvestorsHub NewsWire -- American
Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt:
5LA;)
("American
Lithium" or the "Company") a leading acquisition,
exploration and development operator is pleased to report
that
it has achieved
the ranking of sixth in the mining sector on the
2019 Venture 50 of the TSX Venture Exchange.
The Venture 50 is a list of the top 10
companies listed on TSX-V in each of five major industry sectors -
energy and energy services, clean technology and life sciences,
mining, diversified industries and technology -- based on a ranking
formula with equal weighting given to market cap growth, trading
volume amount and share price appreciation. All data were as of
Dec. 31, 2018.
Mike Kobler,
American Lithium's president and chief executive officer,
commented: "We are extremely proud of American Lithium's
achievements during the past year and that the
TSX Venture Exchange has now recognized
the same by inclusion of the Company in its Venture 50. We are very
thankful of the incredible efforts put forward by the company's
management, employees and contractors in having made this happen,
and we are very excited by what the future holds for our Company
and its shareholders."
About
American Lithium Corp.
American
Lithium is actively engaged in the acquisition, exploration and
development of lithium deposits within mining-friendly
jurisdictions throughout the Americas. The Company is currently
exploring and developing two projects, the FLV and TLC Projects, in
the highly prospective Esmeralda Lithium District in Nevada. These
projects, within 48 km
(30
miles)
of each
other, are close to infrastructure, 3.5 hours south of the Tesla
Gigafactory, and in the same basinal
environment
as Albemarle's Silver Peak Lithium Mine, and the advancing deposits
and resources including Ioneer
Inc.'s
(formerly
Global
Geosciences) Rhyolite Ridge and Cypress Development Corp's Clayton
Valley Project.
For more
information, please contact the Company at info@americanlithiumcorp.com
or visit our
website at www.americanlithiumcorp.com.
Follow us on Facebook, Twitter and LinkedIn.
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.