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LI.V ·

AMERICAN LITHIUM Vancouver, British Columbia, April 13 LIACF) (Frankfurt: 5LA; WKN: A announce that its board of directors has approved a forward share split on the basis of two common shares for every one common share currently outstanding. T he board is of the view that the share split will

Corporate Actions

American Lithium Corp. Suite 2000 AMERICAN LITHIUM Vancouver, British Columbia, April 13 LIACF) (Frankfurt: 5LA; WKN: A announce that its board of directors has approved a forward share split on the basis of two common shares for every one common share currently outstanding. T he board is of the view that the share split will provide a more attractive capital structure for share split, the Company will have approximately Completion of the share split remains subject to the approval of the TSX Venture Ex Company will issue a further news release once such approval has been obtained and a record date determined for the share split.

About American Lithium Corp.

American Lithium is actively engaged in the acquisition, exploration and development of lithium deposits in the United States. American Lithium holds options to acquire Nevada lithium brine claims

22,332 acres (9,038 hectares), including 18,552 co

Esmeralda county; and the 2,240 Company's Fish Lake Valley lithium brine properties are located approximately 38 kilometres from Albemarle's Silver Peak, the largest lithium operation in the United States.

For more information, please contact at www.americanlithiumcorp.com.

On behalf of the Board, American Lithium Corp.

Michael Kobler, Chief Executive Officer Neither 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.

Forward-looking statements

Statements in this release that are forward uncertainties concerning the specific factors necessarily summarized and may not contain all available material information. looking information and statements are based on certain assumptions and analyses made by American Lithium management in light of their experience and perception of historical trends, current conditions 2000, 1177 West Hastings Street, Vancouver, British Columbia, V americanlithiumcorp.com FRANKFURT AMERICAN LITHIUM TO COMPLETE SHARE SPLIT April 13, 2018 – American Lithium Corp. (TSXV: LI) (Frankfurt: 5LA; WKN: A2AHEL) (“American Lithium” or the “Company announce that its board of directors has approved a forward share split on the basis of two common shares for every one common share currently outstanding. T he board is of the view that the share split will ractive capital structure for ongoing financing efforts. F ollowing completion of the share split, the Company will have approximately 35,730,672 common shares outstanding.

Completion of the share split remains subject to the approval of the TSX Venture Ex Company will issue a further news release once such approval has been obtained and a record date About American Lithium Corp.

American Lithium is actively engaged in the acquisition, exploration and development of lithium deposits. American Lithium holds options to acquire Nevada lithium brine claims 22,332 acres (9,038 hectares), including 18,552 contiguous acres (7,508 hectares) in Fish Lake Valley, the 2,240-acre (907-hectare) San Emidio project in Washoe county. The ompany's Fish Lake Valley lithium brine properties are located approximately 38 kilometres from lver Peak, the largest lithium operation in the United States.

For more information, please contact the Company at [email protected] or, Chief Executive Officer Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements in this release that are forward-looking information are subject to various risks and uncertainties concerning the specific factors disclosed here. I nformation provided in this necessarily summarized and may not contain all available material information. All such forward looking information and statements are based on certain assumptions and analyses made by American ium management in light of their experience and perception of historical trends, current conditions Street, Vancouver, British Columbia, V6E 2K3 TSXv OTCQB FRANKFURT │ Li │ LiACF │ 5LA V: LI) (OTCQB: Company”) is pleased to announce that its board of directors has approved a forward share split on the basis of two common shares for every one common share currently outstanding. T he board is of the view that the share split will ongoing financing efforts. F ollowing completion of the common shares outstanding.

Completion of the share split remains subject to the approval of the TSX Venture Ex change. T he Company will issue a further news release once such approval has been obtained and a record date American Lithium is actively engaged in the acquisition, exploration and development of lithium deposits. American Lithium holds options to acquire Nevada lithium brine claims totaling ntiguous acres (7,508 hectares) in Fish Lake Valley, project in Washoe county. The ompany's Fish Lake Valley lithium brine properties are located approximately 38 kilometres from or visit our website Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of Exchange) accepts responsibility for the adequacy or accuracy of this release. looking information are subject to various risks and disclosed here. I nformation provided in this release is All such forwardlooking information and statements are based on certain assumptions and analyses made by American ium management in light of their experience and perception of historical trends, current conditions American Lithium Corp. Suite 2000, and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject factors that could cause actual events or results to differ materially from those projected in the forward looking information or statements. Important factors that could cause actual results to differ fr forward-looking statements include those described under the heading “Risks Factors” in American Lithium's most recently filed MD&A. T he Company does not intend, and expressly disclaims any obligation to, update or revise the forward required by law. Readers are cautioned not to place undue reliance on forward statements.

2000, 1177 West Hastings Street, Vancouver, British Columbia, V americanlithiumcorp.com OTCQB FRANKFURT and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward looking information or statements. Important factors that could cause actual results to differ fr looking statements include those described under the heading “Risks Factors” in American Lithium's most recently filed MD&A. T he Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking information or Street, Vancouver, British Columbia, V6E 2K3 TSXv OTCQB FRANKFURT │ Li │ LiACF │5LA and expected future developments, as well as other factors management believes are appropriate in the to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward - looking information or statements. Important factors that could cause actual results to differ fr om these looking statements include those described under the heading “Risks Factors” in American Lithium's most recently filed MD&A. T he Company does not intend, and expressly disclaims any rmation contained in this news release, except as looking information or