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American Lithium Announces Effective Date for Share Consolidation

American Lithium Announces Effective Date for Share Consolidation Canada NewsWire ...

articleAmerican Lithium Corp.August 24, 20173/company/american-lithium/news/american-lithium-announces-effective-date-for-share-consolidation
American Lithium Announces Effective Date for Share Consolidation

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[{"type":"text","content":"\n\n\n\nAmerican Lithium Announces Effective Date for Share Consolidation\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Aug. 24, 2017\n\n\n\nVANCOUVER, Aug. 24, 2017 /CNW/ - American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA; WKN: A2AHEL) (\"American Lithium\" or the \"Company\") announces that its outstanding share capital will be consolidated on a one-for-ten basis, effective at the opening of markets on August 28, 2017.  Following completion of the consolidation, the Company will have approximately 5,865,278 common shares outstanding.\n\nABOUT American Lithium Corp.\n\nAmerican Lithium Corp. is engaged in the acquisition, exploration and development of lithium deposits within mining-friendly jurisdictions throughout the Americas.  American Lithium holds options to acquire Nevada lithium brine claims totaling 22,332 acres (9,038 ha), including 18,552 contiguous acres (7,508 ha) in Fish Lake Valley, Esmeralda County; and the 2,240 acre (907 ha) San Emidio Project in Washoe County.  The Company's Fish Lake Valley lithium brine properties are located approximately 38 kilometers from Albemarle's Silver Peak, the largest lithium operation in the U.S.  American Lithium is listed on the TSXV under the trading symbol \"LI\".  For further information, please visit the Company's website at www.americanlithiumcorp.com.\n\nOn behalf of the Board,\n\nAmerican Lithium Corp.\n\nMichael Kobler, Chief Executive Officer\n\nNeither 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.\n\nForward-looking statements\n\nStatements 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 ass...

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