Latest news with #AmericanLithium
Globe and Mail
4 days ago
- Business
- Globe and Mail
American Lithium Announces Management Change
VANCOUVER, British Columbia, Aug. 08, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. ('American Lithium' or the 'Company') (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) announces the appointment of Gregory Barbier as Chief Financial Officer (CFO) effective August 7, 2025, succeeding Paul Charlish. Mr. Barbier has more than fifteen years of experience in financial reporting, budgeting, financial planning, and cost analysis in multiple industries and countries. Prior to joining American Lithium Corp. in October 2024 as Controller, he held Vice President Finance roles at two publicly listed mining companies in Canada. Mr. Barbier received his Master of Business Administration from the University of New Orleans and his Master in Audit & Finance from the EM Normandie Business School. He is fluent in English, Spanish and French. He is a Certified Financial Analyst charter holder. Alex Tsakumis, Interim CEO of American Lithium, comments, 'We are excited to see Gregory in his new role. His experience with the Company over the past year has made him well-equipped to succeed, and we are confident he will make a strong impact in this position. We also thank Paul for commitment and contribution during his time with the Company and wish him the best moving forward.' About American Lithium American Lithium is developing two of the world's largest, advanced-stage lithium projects, along with the largest undeveloped uranium project in Latin America. They include the TLC claystone lithium project in Nevada, the Falchani hard rock lithium project and the Macusani uranium deposit, both in southern Peru. All three projects have been through robust preliminary economic assessments, exhibit significant expansion potential and enjoy strong community support. For more information, please contact the Company at info@ or visit our website at Follow us on Facebook, Twitter and LinkedIn. On behalf of the Board of Directors of American Lithium Corp. 'Alex Tsakumis' Interim CEO Tel: 604 428 6128 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Yahoo
4 days ago
- Business
- Yahoo
American Lithium Announces Management Change
VANCOUVER, British Columbia, Aug. 08, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. ('American Lithium' or the 'Company') (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) announces the appointment of Gregory Barbier as Chief Financial Officer (CFO) effective August 7, 2025, succeeding Paul Charlish. Mr. Barbier has more than fifteen years of experience in financial reporting, budgeting, financial planning, and cost analysis in multiple industries and countries. Prior to joining American Lithium Corp. in October 2024 as Controller, he held Vice President Finance roles at two publicly listed mining companies in Canada. Mr. Barbier received his Master of Business Administration from the University of New Orleans and his Master in Audit & Finance from the EM Normandie Business School. He is fluent in English, Spanish and French. He is a Certified Financial Analyst charter holder. Alex Tsakumis, Interim CEO of American Lithium, comments, 'We are excited to see Gregory in his new role. His experience with the Company over the past year has made him well-equipped to succeed, and we are confident he will make a strong impact in this position. We also thank Paul for commitment and contribution during his time with the Company and wish him the best moving forward.' About American Lithium American Lithium is developing two of the world's largest, advanced-stage lithium projects, along with the largest undeveloped uranium project in Latin America. They include the TLC claystone lithium project in Nevada, the Falchani hard rock lithium project and the Macusani uranium deposit, both in southern Peru. All three projects have been through robust preliminary economic assessments, exhibit significant expansion potential and enjoy strong community support. For more information, please contact the Company at info@ or visit our website at Follow us on Facebook, Twitter and LinkedIn. On behalf of the Board of Directors of American Lithium Corp. 'Alex Tsakumis' Interim CEO Tel: 604 428 6128 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Toronto Star
4 days ago
- Business
- Toronto Star
American Lithium Announces Management Change
VANCOUVER, British Columbia, Aug. 08, 2025 (GLOBE NEWSWIRE) — American Lithium Corp. ('American Lithium' or the 'Company') (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) announces the appointment of Gregory Barbier as Chief Financial Officer (CFO) effective August 7, 2025, succeeding Paul Charlish. Mr. Barbier has more than fifteen years of experience in financial reporting, budgeting, financial planning, and cost analysis in multiple industries and countries. Prior to joining American Lithium Corp. in October 2024 as Controller, he held Vice President Finance roles at two publicly listed mining companies in Canada. Mr. Barbier received his Master of Business Administration from the University of New Orleans and his Master in Audit & Finance from the EM Normandie Business School. He is fluent in English, Spanish and French. He is a Certified Financial Analyst charter holder.
Hamilton Spectator
23-07-2025
- Business
- Hamilton Spectator
American Lithium Announces Upsizing of Private Placement
Not for distribution to U.S. news wire services or dissemination in the United States VANCOUVER, British Columbia, July 23, 2025 (GLOBE NEWSWIRE) — American Lithium Corp. ('American Lithium' or the 'Company') (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce that due to significant interest, the Company has requested and received conditional approval from the TSX Venture Exchange (the 'TSXV') to increase the size of its previously announced non-brokered private placement and will now offer up to 34,814,815 units (the 'Units') of the Company at a price of $0.27 per Unit for aggregate gross proceeds of up to $9,400,000 (the 'Private Placement'). Each Unit issued pursuant to the Private Placement will consist of one common share (a 'Common Share') in the capital of the Company and one Common Share purchase warrant (a 'Warrant'). Each warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.50 for 36 months from the closing date of the Private Placement. The Private Placement is subject to certain closing restrictions, including, but not limited to, the receipt of all necessary regulatory approvals and the approval of the TSXV. The Private Placement will be made to qualified investors in such provinces of Canada as the Company may designate, and otherwise in those jurisdictions where the Private Placement can lawfully be made. All securities issued pursuant to the Private Placement will be subject to a four-month hold and one day hold period in accordance with applicable Canadian securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to sell nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About American Lithium American Lithium is developing two of the world's largest, advanced-stage lithium projects, along with the largest undeveloped uranium project in Latin America. They include the TLC claystone lithium project in Nevada, the Falchani hard rock lithium project and the Macusani uranium deposit, both in southern Peru. All three projects have been through robust preliminary economic assessments, exhibit significant expansion potential and enjoy strong community support. For more information, please contact the Company at info@ or visit our website at . Follow us on Facebook, Twitter and LinkedIn . On behalf of the Board of Directors of American Lithium Corp. 'Alex Tsakumis' Interim CEO Tel: 604 428 6128 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Statement Regarding Forward Looking Information 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. Forward-looking statements in this news release include, but are not limited to, statements with respect to the terms of the Units and Warrants, statements regarding the Private Placement and the issuance of securities thereunder, the aggregate amount of proceeds to be raised and the use of proceeds. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend', 'indicate', 'scheduled', 'target', 'goal', 'potential', 'subject', 'efforts', 'option' and similar words, or the negative connotations thereof, referring to future events and results. 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. 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. All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium's ability to achieve its stated goals, which could have a material adverse impact on many aspects of American Lithium's businesses including but not limited to: the ability to access mineral properties for indeterminate amounts of time, the health of the employees or consultants resulting in delays or diminished capacity, social or political instability in Peru which in turn could impact American Lithium's ability to maintain the continuity of its business operating requirements, may result in the reduced availability or failures of various local administration and critical infrastructure, reduced demand for the American Lithium's potential products, availability of materials, global travel restrictions, and the availability of insurance and the associated costs; the ongoing ability to work cooperatively with stakeholders, including but not limited to local communities and all levels of government; the potential for delays in exploration or development activities; the interpretation of drill results, the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages, strikes and loss of personnel) or other unanticipated difficulties with or interruptions in exploration and development; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which American Lithium operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment and the effects upon the global market generally, any of which could continue to negatively affect global financial markets, including the trading price of American Lithium's shares and could negatively affect American Lithium's ability to raise capital and may also result in additional and unknown risks or liabilities to American Lithium. 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 June 27, 2025, and in recent securities filings available at Actual events or results may differ materially from those projected in the forward- looking statements. American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward- looking statements.
Yahoo
07-07-2025
- Business
- Yahoo
USCM Completes Acquisition of Clayton Ridge Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2025) - U.S. Critical Metals Corp. (CSE: USCM) (OTCQB: USCMF) (FSE: 0IU) ("USCM" or the "Company") is pleased to to announce that it has completed its acquisition of a 100% interest in the Clayton Ridge Lithium Project (the "Project"), located in Esmeralda County, Nevada. The acquisition follows the successful fulfillment of all terms outlined in an existing option agreement with the vendor. The Project remains subject to a 3% gross overriding royalty (GORR) with an option to purchase 1% of the GORR for USD$1 million (for additional information relating to transaction terms see Company's press release - access here). The Project is strategically located in a hanging basin over the Clayton Valley, approximately 20 kilometers west of Tonopah, Nevada — a region known for hosting several advanced-stage lithium claystone deposits. The Project is characterized by sequences of Miocene-aged lacustrine sediments. These units are known to host lithium-bearing claystones similar to those being developed at nearby projects, including American Lithium's TLC Project and Lithium Americas' Thacker Pass. Historical and recent exploration activities at the Project have confirmed the presence of lithium-rich claystone over significant surface exposures, with previous drilling returning broad intervals of lithium mineralization. Mineralization is hosted within illite- and smectite-rich volcanic ash-derived clays, with geological drilling, mapping and sampling supporting the potential for lateral extension, particularly toward the east (for additional technical information see Company's press release - access here). "Although lithium markets have faced near-term price pressures, we continue to see long-term structural demand for domestic lithium supply," stated Darren Collins, CEO of USCM. "With advanced projects like Thacker Pass and American Lithium's TLC Project helping de-risk claystone lithium assets in the United States, we believe Clayton Ridge is well-positioned as part of a broader national strategy to establish secure and scalable lithium supply from clay-based deposits." Cautionary Note: The comparable information about other projects was obtained from public sources and has not been verified by the Company. Comparable means information that compares an issuer or project to other issuers or projects. The comparables are considered to be an appropriate basis for comparison with the Company based on their industry, commodity mix, jurisdiction, and additional criteria. The comparable projects face different risks from those applicable to the Project. Relevant material concerning any adjacent or comparable properties included in this press release is limited to information publicly disclosed by the owner or operator for such adjacent or comparable property. The Company cautions that past production, mineral reserves, resources or occurrences on adjacent or comparable properties are not indicative of the mineralization on the Company's properties. Readers are cautioned that the past performance of comparables is not indicative of future performance and that the performance of the Company may be materially different from the comparable projects. You should not place undue reliance on the comparable information provided in this press release. Qualified Person The scientific and technical information contained in this news release has been verified and approved by Robert J. Johansing, BSC. geology, MSc economic geology, who is a qualified person as defined in NI 43-101. Mr. Johansing is a consultant of the Company. About US Critical Metals Corp. USCM is focused on mining projects that will further secure the US supply of critical metals and rare earth elements, which are essential to fueling the new age economy. Pursuant to investments and option agreements with private Canadian and American companies, USCM's projects include the Long Canyon Uranium and Vanadium Property in Idaho, the Sheep Creek located in Montana, the McDermitt Lithium Property in Nevada, the Clayton Ridge Lithium Property located in Nevada, and the Haynes Cobalt Property located in Idaho. A significant percentage of the world's critical metal and rare earth supply comes from nations with interests that are contrary to those of the US. USCM intends to explore and develop critical metals and rare earth assets with near- and long-term strategic value to the advancement of US interests. For further information please contact: Darren CollinsChief Executive Officer & Director Email: dcollins@ Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Disclaimer for Forward-Looking Information This news release contains certain information that may be deemed "forward-looking information" with respect to USCM within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause USCM's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the exploration plans and expected exploration and drilling results at the Project, results of operations, the expectation that the Project stands to benefit from the political shift to deglobalize and secure domestic sources of supply in the United States and the expected financial performance of the Company. Although USCM believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that USCM maintains good relationships with the communities in which it operates or proposes to operate; future legislative and regulatory developments in the mining sector; USCM's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of USCM to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work; risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits; the possibility that results will not be consistent with USCM's expectations; as well as other assumptions, risks and uncertainties applicable to mineral exploration and development activities and to USCM, including as set forth in the USCM's public disclosure documents filed on the SEDAR website at The forward-looking information contained in this press release represents the expectations of USCM as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While USCM may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws. To view the source version of this press release, please visit
