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AMERICAN LITHIUM Vancouver, British Columbia, April 13 LIACF) (Frankfurt: 5LA; WKN: A announce that its board of directors has approved a forward share split on the basis of two common shares for every one common share currently outstanding. T he board is of the view that the share split will

Corporate Actions

American Lithium Corp. Suite 2000

AMERICAN LITHIUM

Vancouver, British Columbia, April 13

LIACF) (Frankfurt: 5LA; WKN: A

announce that its board of directors has approved a forward share split on the basis of two common shares

for every one common share currently outstanding. T he board is of the view that the share split will

provide a more attractive capital structure for

share split, the Company will have approximately

Completion of the share split remains subject to the approval of the TSX Venture Ex

Company will issue a further news release once such approval has been obtained and a record date

determined for the share split.

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

22,332 acres (9,038 hectares), including 18,552 co

Esmeralda county; and the 2,240

Company's Fish Lake Valley lithium brine properties are located approximately 38 kilometres from

Albemarle's Silver Peak, the largest lithium operation in the United States.

For more information, please contact

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

uncertainties concerning the specific factors

necessarily summarized and may not contain all available material information.

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

2000, 1177 West Hastings Street, Vancouver, British Columbia, V

americanlithiumcorp.com

FRANKFURT

AMERICAN LITHIUM TO COMPLETE SHARE SPLIT

April 13, 2018 – American Lithium Corp. (TSXV: LI)

(Frankfurt: 5LA; WKN: A2AHEL) (“American Lithium” or the “Company

announce that its board of directors has approved a forward share split on the basis of two common shares

for every one common share currently outstanding. T he board is of the view that the share split will

ractive capital structure for ongoing financing efforts. F ollowing completion of the

share split, the Company will have approximately 35,730,672 common shares outstanding.

Completion of the share split remains subject to the approval of the TSX Venture Ex

Company will issue a further news release once such approval has been obtained and a record date

About American Lithium Corp.

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

. American Lithium holds options to acquire Nevada lithium brine claims

22,332 acres (9,038 hectares), including 18,552 contiguous acres (7,508 hectares) in Fish Lake Valley,

the 2,240-acre (907-hectare) San Emidio project in Washoe county. The

ompany's Fish Lake Valley lithium brine properties are located approximately 38 kilometres from

lver Peak, the largest lithium operation in the United States.

For more information, please contact the Company at [email protected] or

, Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements in this release that are forward-looking information are subject to various risks and

uncertainties concerning the specific factors disclosed here. I nformation provided in this

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

ium management in light of their experience and perception of historical trends, current conditions

Street, Vancouver, British Columbia, V6E 2K3

TSXv

OTCQB

FRANKFURT

│ Li

│ LiACF

│ 5LA

V: LI) (OTCQB:

Company”) is pleased to

announce that its board of directors has approved a forward share split on the basis of two common shares

for every one common share currently outstanding. T he board is of the view that the share split will

ongoing financing efforts. F ollowing completion of the

common shares outstanding.

Completion of the share split remains subject to the approval of the TSX Venture Ex change. T he

Company will issue a further news release once such approval has been obtained and a record date

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

. American Lithium holds options to acquire Nevada lithium brine claims totaling

ntiguous acres (7,508 hectares) in Fish Lake Valley,

project in Washoe county. The

ompany's Fish Lake Valley lithium brine properties are located approximately 38 kilometres from

or visit our website

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

Exchange) accepts responsibility for the adequacy or accuracy of this release.

looking information are subject to various risks and

disclosed here. I nformation provided in this release is

All such forward-

looking information and statements are based on certain assumptions and analyses made by American

ium management in light of their experience and perception of historical trends, current conditions

American Lithium Corp. Suite 2000,

and expected future developments, as well as other factors management believes are appropriate in the

circumstances. These statements, however, are subject

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 fr

forward-looking statements include those described under the heading “Risks Factors” in American

Lithium's most recently filed MD&A. T he Company does not intend, and expressly disclaims any

obligation to, update or revise the forward

required by law. Readers are cautioned not to place undue reliance on forward

statements.

2000, 1177 West Hastings Street, Vancouver, British Columbia, V

americanlithiumcorp.com

OTCQB

FRANKFURT

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

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 fr

looking statements include those described under the heading “Risks Factors” in American

Lithium's most recently filed MD&A. T he 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

2

Street, Vancouver, British Columbia, V6E 2K3

TSXv

OTCQB

FRANKFURT

│ Li

│ LiACF

│5LA

and expected future developments, as well as other factors management believes are appropriate in the

to a variety of risks and uncertainties 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 fr om these

looking statements include those described under the heading “Risks Factors” in American

Lithium's most recently filed MD&A. T he Company does not intend, and expressly disclaims any

rmation contained in this news release, except as

looking information or