American Lithium
Financials:
Primary ticker: TSXV:LI, OTCQB:LIACF, FRANKFURT:5LA1
Stage of development: Exploration, Development
Primary minerals: Lithium
Project to promote: TLC Lithium Project; Falchani Lithium Project; Macusani Uranium Project
Project location: USA and Peru
Website: www.americanlithiumcorp.com
American Lithium, a member of the TSX Venture 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas.The company is currently focused on enabling the shift to the new energy paradigm through the continued exploration and development of its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to advance its Falchani lithium and Macusani uranium development projects in southeastern Peru. Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure.
Cash: $17M
Debt: /
Major shareholders:
Commodity Capital – %
Terra Capital – %
Ausbil – %
GlobeX – %
Primevest – %
Management Ownership – 5%
Management Profile
Simon Clarke – CEO
Mr. Clarke brings 25 years of experience in building companies and implementing successful capital markets and growth strategies focused in mining, energy, and energy technology.
What is your rationale for taking part 121 Mining Investment?
Looking to increase our visibility in the Institutional Community.
What recent news would you like to highlight to investors attending?
Would like to highlight the advancement of the TLC Lithium Project in Nevada as the US Government is actively supporting domestic supply of critical minerals and the subsequent work programs on our advanced stage Lithium Project (Falchani) and large Uranium Project (Macusani) in Peru both of which were recently acquired in an M&A transaction in May.
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Successful additional drilling at all projects. Approval of Plan of Operation for the next phase of development in Nevada at TLC. Uplisting to NYSE.
6 Months:
Completion of PEA at TLC (in Nevada) and updated PEA’s for both Falchani and Macusani (In Peru).
12 Months:
Launch of feasibility process at both Falchani and TLC.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Generic risks around commodities and permitting/political risks.
What do you think makes your company such a compelling investment?
Near term milestones offer opportunities for significant re-rating.
What are the top key investor takeaways?
2 world class lithium projects and optionality through large undeveloped uranium project and deep technical team to continue adding value.