VANCOUVER, 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.
ABOUT American Lithium Corp.
American 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.
