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American Lithium Grants Incentive Stock Options

Share Capital & Compensation

American Lithium Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA, September 2, 2025 – American Lithium Corp. (“American Lithium” or

the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) announces that it has granted incentive stock

options (the “Options”), restricted share units (the “RSUs”) and deferred share units (the “DSUs”) to

directors, officers, employees and eligible consultants in accordance with the Company's Omnibus

Incentive Plan (the "Plan") dated November 15, 2023 and TSXV policies.

The Company granted options to purchase an aggregate 7,725,000 Common Shares of the Company

exercisable at $0.51 per share. The Options will vest over a 12-month period, with one-third vesting on the

Date of Grant, a further one-third vesting 6 months thereafter, and the balance vesting 12 months from the

Date of Grant. Once vested each Option is exercisable into one Common Share and will expire 5 years from

the Date of Grant.

The Company also granted a total of 2,325,000 RSUs and 525,000 DSUs. The RSU’s will vest twelve months

from the Date of Grant. Once vested, each RSU and DSU entitles the holder to receive one common share.

DSUs may only be settled once a director ceases to serve on the Company’s Board of Directors.

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, the Falchani hard rock lithium project and the Macusani uranium deposit, both in southern

Peru. All three projects have been through 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”

Interim CEO

Tel: 604 428 6128

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV

accepts responsibility for the adequacy or accuracy of this news release.