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American Lithium Reports Results of Annual General Meeting

Shareholder Meetings

AMERICAN LITHIUM REPORTS RESULTS OF ANNUAL GENERAL MEETING

VANCOUVER, BRITISH COLUMBIA, November 26, 2025 – American Lithium Corp. (“American Lithium” or

the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to report the voting results for the

Company’s Annual General Meeting of Shareholders (the “Meeting”) held today in Vancouver, British

Columbia.

Detailed voting results of the election of the Company’s board of directors (the “Board of Directors”) are

set out below:

Nominee Votes For % For Votes Withheld % Withheld

Andrew Bowering 46,450,215 98.77% 576,647 1.23%

Claudia Tornquist 43,857,642 93.26% 3,169,220 6.74%

Laurence Stefan 45,140,728 95.99% 1,886,134 4.01%

G.A. (Ben) Binninger 45,465,396 96.68% 1,561,466 3.32%

Alex Tsakumis 46,424,571 98.72% 602,291 1.28%

Rona Sellers 46,420,022 98.71% 606,840 1.29%

All nominees, as set forth in the Company’s Management Information Circular dated October 24, 2025

(the “Circular”), were elected as directors of American Lithium at the Meeting.

At the Meeting, shareholders also approved: (1) the number of directors to fixed at six, (2) the

appointment of Davidson & Company LLP as auditor of the Company for the ensuing year and authorizing

the Board of Directors to fix the remuneration of the auditor and (3) the re-approval of the Company’s

omnibus incentive plan, as more particularly described in the Circular.

Votes For % For Votes Against -

Withheld

% Against -

Withheld

Number of directors 71,296,680 97.72% 1,665,169 2.28%

Appointment of auditors 71,110,182 97.46% 1,851,669 2.54%

Omnibus incentive plan 45,624,748 97.02% 1,402,113 2.98%

For further information regarding the matters considered at the Meeting, readers are encouraged to

review the Circular, a copy of which is available under the profile for the Company on SEDAR +

(www.sedarplus.ca).

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 projec t 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 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 October 30, 2025, 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.