American Lithium Appoints Amandip Singh to the Board of Directors
American Lithium Appoints Amandip Singh to the Board of Directors
VANCOUVER, BRITISH COLUMBIA – July 2, 2026 – American Lithium Corp. ("American Lithium" or the
"Company") (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce the appointment of
Amandip Singh as an independent member of its Board of Directors, effective July 1, 2026.
Mr. Singh is a seasoned mining professional with over 15 years of experience across exploration, project
evaluation, corporate development, and investment analysis. His career bridges the technical and
financial dimensions of mining, giving him an integrated perspective across the full project lifec ycle —
from early-stage discovery through feasibility, financing, and development.
Mr. Singh has held senior roles at Outcrop Silver, Apollo Silver, and Magna Gold, and previously served as
a sell-side mining analyst at a boutique mining -focused investment bank. Most notably, he played a key
role in Newmont's US$311 million acquisition of GT Gold and helped lead the strategic transformation of
West Red Lake Gold Mines, including the acquisition of the Madsen Mine. He holds a Bachelor of Science
degree from the University of Toronto.
"We are excited to welcome Amandip to the Board of American Lithium," stated Alex Tsakumis, CEO. "His
appointment strengthens the independence and composition of the Board, and his geological expertise
and capital markets experience make him an exceptional addition as we continue to advance our assets
and create value for shareholders."
Grant of Options
In connection with Mr. Singhs’ appointment, the Company has granted him an aggregate of 300,000
incentive stock options (“Options”) pursuant to the Company’s Omnibus Incentive Plan. The Options have
a term of five (5) years and are exercisable at a price of C$0.455 per common share and will vest over a
12-month period, with one-third vesting on the date of grant, a further one-third vesting six (6) months
thereafter, and the balance after twelve (12) months.
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 and the Falchani hard -rock lithium pro ject in southern Peru, which also hosts a globally
significant cesium resource, as well as the Macusani uranium located in the same region. All three projects
have completed robust preliminary economic assessments, exhibit significant expansion potential and
enjoy strong community support.
For more information, please contact the Company at [email protected] or visit our website
at www.americanlithiumcorp.com.
Follow us on Facebook, Twitter and LinkedIn.
On behalf of the Board of Directors of American Lithium Corp.
“Alex Tsakumis”
Chief Executive Officer
Tel: 604 428 6128
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
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 regarding the business plans,
expectations and objectives of American Lithium. 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 an d 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 reflec ted 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 pro ve 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 de lays 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 g overnmental
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 resul t 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 26 , 2026 , and in recent securities filings available at
www.sedarplus.ca. 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.