American Lithium Cancels Private Placement
American Lithium Corp. Suite 2000, 1177 West Hastings Street, Vancouver, British Columbia, V6E 2K3
americanlithiumcorp.com
TSXv
OTCQB
FRANKFURT
│ Li
│ LiACF
│ 5LA
AMERICAN LITHIUM CANCELS PRIVATE PLACEMENT
Vancouver, B.C., November 8 , 2017 – American Lithium Corp. (TSX V: LI) (OTCQB: LI ACF)
(Frankfurt: 5LA; WKN: A 2AHEL) (“American Lithium” or the “Company”) reports that due to
current market conditions, its board of directors has decided not to proceed with the non-brokered private
placement announced by the Company on October 12th.
The board of directors has initiated a strategic review of the Company’s existing portfolio of assets, with a
view to reducing carrying costs and creating a viable land package in the State of Nevada. The Company
will provide additional information regarding the outcome of this review as it becomes available.
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 totalling
22,332 acres (9,038 hectar es), including 18,552 contiguous acres (7,508 hectares) in Fish Lake Valley,
Esmeralda county; and the 2,240- acre (907 -hectare) San Emidio project in Washoe county. The
company's Fish Lake Valley lithium brine properties are located approximately 38 kilome tres from
Albemarle's Silver Peak, the largest lithium operation in the United States.
For more information, please contact the Company at [email protected] or visit our website
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 -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 assumptions and analyses made by American
Lithium management in light of their experience and perception of historical trends, current conditions
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
2
American Lithium Corp. Suite 2000, 1177 West Hastings Street, Vancouver, British Columbia, V6E 2K3
americanlithiumcorp.com
TSXv
OTCQB
FRANKFURT
│ Li
│ LiACF
│5LA
factors that could cause actual events or results to differ materially from those proj ected in the forward-
looking information or statements. Important factors that could cause actual results to differ from these
forward-looking statements include those described under the heading “Risks Factors” in American
Lithium's most recently filed M D&A. The 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
statements.