Lithium Corporation Commences 2025 Field Work
To facilitate and expediate these efforts, Brian Goss, currently the Company's Vice President of Business Development, will also assume the role of VP, Exploration. Brian brings extensive expertise and strategic leadership to guide the Company's exploration activities. As the founder of Rangefront Mining Services, based in Elko, Nevada, Brian has played a pivotal role in geological services across the mining and exploration sectors. In addition to his entrepreneurial leadership, he has held executive positions at various companies, including serving as President of Lithium Corporation from 2014 to 2017.
Lithium Corporation welcomes Brian to his expanded role and is eager to embark on a new field season focused on unlocking the full potential of the Company's diverse portfolio of critical mineral prospects.
About Lithium Corporation
Lithium Corporation is a mineral exploration company dedicated to securing North America's energy independence through domestic critical mineral resources. As one of the few Project Generators in North America's critical minerals sector, the Company leverages its extensive exploration expertise to focus on energy metals with the goal of helping achieve energy independence for North America.
The Company's dual operational focus spans two worldclass mining jurisdictions, with promising lithium prospects in Nevada, USA, and a diverse portfolio of titanium, rare earth elements, graphite, fluorspar, and antimony properties in British Columbia, Canada. Lithium Corporation is committed to driving a secure and independent energy future for North America through strategic investments in energy metals exploration and related opportunities, such as renewable energy generation and energy storage solutions.
Contact
Tom Lewis, President & CEO
775-410-5287
[email protected]
www.lithiumcorporation.com
On behalf of the Board of Directors
'Tom Lewis'
Tom Lewis, President & CEO
Notice Regarding Forward-Looking Statements
This current report contains 'forward-looking statements,' as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of minerals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Lithium Corporation (OTCQB-LTUM) 1031 Railroad St. Ste 102B Elko NV 89801 (775) 410-5287 www.lithiumcorporation.com
SOURCE: Lithium Corporation
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Our adjusted operating margin guidance for fiscal 2025 excludes an expected approximately 40 basis point impact from acquired intangible asset amortization. RECONCILIATION OF ADJUSTED DILUTED EARNINGS PER SHARE Three Months EndedSix Months Ended per share amounts August 3,2025July 28,2024% ChangeAugust 3,2025July 28,2024% Change Diluted earnings per share (GAAP) $ 4.58$ 4.60(0.4) %$ 8.03$ 8.23(2.4) % Impact of acquired intangible asset amortization 0.140.090.280.14 Income tax impact of non-GAAP adjustment (1) (0.04)(0.02)(0.07)(0.03) Adjusted diluted earnings per share (Non-GAAP) $ 4.68$ 4.670.2 %$ 8.24$ 8.34(1.2) % ————— (1) Calculated as the per share impact of acquired intangible asset amortization multiplied by the Company's effective tax rate for the period. Our adjusted diluted earnings per share guidance for fiscal 2025 excludes an expected after-tax impact of approximately $0.40 from acquired intangible asset amortization. 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