Supreme Court Rules Against Plaintiffs Petition Marking the End of Legal Action
Am
erican Lithium’s Full Title to 32 Disputed Claims in Peru Re-confirmed –
Supreme Court Rules Against Plaintiffs Petition Marking the End of Legal
Action
VANCOUVER, BRITISH COLUMBIA, August 28, 2025 – American Lithium Corp. (“American Lithium” or the
“Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce that the Peruvian Judiciary
has posted its ruling, on its official website, in favor of Macusani Yellowcake S.A.C., the Company’s Peruvian
subsidiary. The ruling confirms that the petitions filed in December 2023 by INGEMMET and MINEM to the
Supreme Court regarding the title ownership of 32 disputed concessions have been unanimously rejected.
The Constitutional and Social Law Chamber of the Supreme Court of Peru rejected hearing the petition filed
by INGEMMET and MINEM on the grounds of it being unfair, inadmissible and unacceptable. This decision
ends the unnecessary legal process initiated seven years ago by INGEMMET. From the outset, the Company
maintained that there were no grounds for the Supreme Court to assume jurisdiction, a position that was
consistently upheld.
Andrew Bowering, Executive Chairman of American Lithium, stated, “this is a significant development,
and we are extremely pleased with the Court’s decision, as justice has prevailed. I would like to thank our
team for their commitment to seeing this process through, and our stakeholders for their support along
the way. It is important to re-e mphasize that at no point did the Company lose title to the 32
concessions under dispute. We can now focus on advancing these high-q uality projects without this
uncertainty.”
A
bout American Lithium
Am
erican 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.
Fo
r more information, please contact the Company at [email protected] or visit our website
at www.americanlithiumcorp.com.
Fo
llow us on Facebook, Twitter and LinkedIn.
O
n behalf of the Board of Directors of American Lithium Corp.
“
Alex Tsakumis”
In
terim CEO
T
el: 604 428 6128
N
either 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.
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 with respect to the 32 concessions and our business plans and objectives.
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 and 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 reflected 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 prove 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 delays 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, inc luding, 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 governmental 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 result in additional and unknown risks or liabilities to American Lithium. Other risks and uncertai nties
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 July 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-l ooking 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.