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LI.V ·

American Lithium Forms Technical Advisory Board Ir-Revolution Engaged FOR Market Awareness

Management Changes Marketing Announcement

American Lithium Corp. Suite 1507-1030 West Georgia Street, Vancouver, British Columbia, V6E 2Y3

americanlithiumcorp.com

TSXv

OTCQB

FRANKFURT

│ Li

│ LiACF

│ 5LA

AMERICAN LITHIUM FORMS TECHNICAL ADVISORY BOARD

IR-REVOLUTION ENGAGED FOR MARKET AWARENESS

Vancouver, B.C., October 11, 2018 – American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA;)

(“American Lithium” or the “Company”) is establishing a highly skilled and experienced Technical Advisory

Board for its lithium exploration and development activities at its FLV and TLC Projects in Nevada, USA.

American Lithium welcomes Jerry Aiken, a registered professional geologist with 45 years of experience

in the mining industry, including the last 25 years focused on industrial minerals. During his career, Mr.

Aiken spent 29 years with Rio Tinto Exploration and US Borax , and in addition to his experience and

knowledge in Nevada and the Western US, his lithium and borates experience includes operating in

Mexico, Canada, South America and Europe. Jerry's deep knowledge of bedded and brine hosted lithium

deposits and his extensive global expertise with offer American Lithium guidance and direction respecting

future exploration of the FLV and TLC Projects and other lithium projects under consideration.

Michael Kobler, CEO of American Lithium, comments, "We are thrilled to have Jerry guide us in the

advancement and development of our lithium claystones in Nevada and elsewhere as we continue our

efforts to secure highly prospective lithium assets within our theatre of operations. Jerry has already been

in the field with us and his knowledge of bedded lithium deposits and other geological settings is proving

to be of tremendous value as we move forward."

Jerry Aiken comments, “I’m truly excited to see a re surgence of interest in the lithium claystones of

Nevada and I look forward to help Mike move these projects forward.”

American Lithium Corp. has engaged IR-Revolution Marketing Corp. to assist in building awareness and to

provide communications support for the Company in international markets.

IR-Revolution will arrange and disseminate independent research articles related to the Company over

the coming months as well as develop and implement a social media strategy. IR-Revolution will be paid

€225,000 for its services from the period October 15 through December 15, 2018 . IR-Revolution is an

arm's-length service provider to the Company.

About American Lithium Corp.

American Lithium is actively engaged in the acquisition, exploration and development of lithium deposits

within mining-friendly jurisdictions throughout the Americas. The Company is currently exploring and

developing two projects, the FLV and TLC Projects, in the highly prospective Esmeralda Lithium District in

Nevada. These projects, within 30 miles of each other, are close to infrastructure, 3.5 hours south of the

Tesla Gigafactory, and in the same basinal environment as Ablemarle’s Silver Peak Lithium Mine, and the

advancing deposits and resources including Global Geosciences Rhyolite Ridge and Cypress Development

Corp’s Clayton Valley Project.

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American Lithium Corp. Suite 1507-1030 West Georgia Street, Vancouver, British Columbia, V6E 2Y3

americanlithiumcorp.com

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 Exc hange) 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 ma y 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 uncertaintie s 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 from these forward-looking statements include those described under the heading “Risks Factors”

in American Lithium's most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, upda te or revise the

forward-looking information contained in this news release, except as required by law. Readers are cautio ned not to place undue reliance on

forward-looking information or statements.