INGEMMET

American Lithium Strengthens Team and Launches Major ESG Initiative in Peru

Retrieved on: 
Tuesday, March 26, 2024

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).

Key Points: 
  • 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).
  • Additionally, the Company has commenced a major technical / social initiative on the Macusani Plateau.
  • “We are delighted to welcome Augusto to the American Lithium team,” stated Simon Clarke, American Lithium CEO.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

American Lithium Receives NASDAQ Notice of Minimum Price Deficiency and Clarifies Previous Engagement with New Era Publishing Inc.

Retrieved on: 
Wednesday, March 13, 2024

The Notice does not have any impact on the listing of the Company's common shares on the TSX Venture Exchange.

Key Points: 
  • The Notice does not have any impact on the listing of the Company's common shares on the TSX Venture Exchange.
  • The Company has no current engagement with New Era, nor does it presently have any intention to engage New Era to provide further services to the Company.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

Retrieved on: 
Monday, February 26, 2024

“This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.

Key Points: 
  • “This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.
  • The filing of the Semi-Detailed Environmental Impact Assessment late last year also positions the Project to be fast-tracked.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

Following Unanimous Ruling from Superior Court of Peru Confirming Company’s Title to 32 Disputed Concessions, INGEMMET and MINEM Petition the Supreme Court in a Final Attempt to Reverse the Ruling

Retrieved on: 
Friday, December 29, 2023

If jurisdiction is established, INGEMMET and MINEM will attempt to persuade the Supreme Court to overturn the recent Superior Court ruling in favor of Macusani.

Key Points: 
  • If jurisdiction is established, INGEMMET and MINEM will attempt to persuade the Supreme Court to overturn the recent Superior Court ruling in favor of Macusani.
  • 18% of the Company’s total concessions on the Macusani Plateau and it will continue to aggressively develop its projects in any event.
  • This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.

Peruvian Superior Court Unanimously Confirms Title of American Lithium’s 32 Disputed Mineral Concessions

Retrieved on: 
Wednesday, November 15, 2023

The Court ruling, consistent with prior legal proceedings, clearly establishes that Macusani is the rightful owner of these concessions.

Key Points: 
  • The Court ruling, consistent with prior legal proceedings, clearly establishes that Macusani is the rightful owner of these concessions.
  • Furthermore, it highlights that the action launched by INGEMMET and MINEM in October 2018 was baseless and unsubstantiated.
  • The Company has never lost title over the disputed concessions, which only represent a small fraction of our leases.
  • For this reason, we have continued to advance the Falchani project and look forward to the announcement of additional progress shortly.”

American Lithium Announces 476% Increase in Measured + Indicated Lithium Resources at Falchani – Adds K, Cs and Rb to Block Model

Retrieved on: 
Tuesday, October 31, 2023

The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.

Key Points: 
  • The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.
  • Modeling method and approach is development of a multiple ore percent standard block model with interpretation of geologic controls on mineralization based on exploration data.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

American Lithium Makes New Lithium Discovery 6 km West of Falchani, Assays up to 2,668 ppm Lithium and over 222 metres of Mineralization – Large Lithium District Emerging

Retrieved on: 
Tuesday, September 26, 2023

This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.

Key Points: 
  • This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.
  • All statements, other than statements of historical fact, are forward-looking statements.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

American Lithium Publishes Maiden ESG Report

Retrieved on: 
Thursday, August 31, 2023

Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct.

Key Points: 
  • Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct.
  • Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the “Risk Factors” section of American Lithium’s Management’s Discussion and Analysis filed on May 29, 2023, and in recent securities filings available at www.sedar.com.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

American Lithium Announces Financial and Operating Highlights for First Quarter Ended May 31, 2023

Retrieved on: 
Thursday, July 20, 2023

This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.

Key Points: 
  • This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • The appeals will be considered by a higher court tribunal and are currently scheduled for September 7, 2023.
  • If American Lithium’s subsidiary Macusani does not obtain a successful resolution to the Processes, Macusani’s title to the 32 concessions could be revoked.

American Lithium to Accelerate Development of Macusani Uranium Internally – Elects to Defer Spin Out

Retrieved on: 
Monday, July 17, 2023

This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.

Key Points: 
  • This news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation.
  • Forward-looking statements are based on the current opinions and expectations of management and are not, and cannot be, a guarantee of future results or events.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • If American Lithium’s subsidiary Macusani does not obtain a successful resolution to the Processes, Macusani’s title to the 32 concessions could be revoked.