American Lithium Bolsters Leadership, Advances Projects & Launches Major ESG Initiative

• American Lithium appointed former Deputy Minister of Mines Augusto Cauti as Strategic Corporate Advisor for its Peru operations
• The company launched a major solar electrification ESG initiative in Peru, installing solar panels in remote homes near its Falchani lithium project
• American Lithium is advancing its TLC lithium project in Nevada and its Falchani lithium and Macusani uranium projects in Peru, all of which have shown strong economic potential
• As the world shifts to clean energy, American Lithium is well positioned with its portfolio of lithium and uranium projects in the Americas

About American Lithium

American Lithium Corp is a mining company focused on the development of large-scale lithium projects in mining-friendly jurisdictions across the Americas. The company's key projects include:

• TLC lithium project in the Esmeralda lithium district in Nevada
• Falchani lithium project in southeastern Peru
• Macusani uranium project, also in southeastern Peru

All three of these projects have undergone robust preliminary economic assessments showing strong potential for expansion. They also enjoy solid community support. American Lithium is currently advancing the TLC and Falchani projects through the pre-feasibility stage.

Strategic Hire Strengthens Peruvian Presence

In a move that bolsters its leadership team in South America, American Lithium has appointed Augusto Cauti as a Strategic Corporate Advisor for its Peru operations. Mr. Cauti brings a wealth of experience and an extensive network in the Peruvian mining sector.Notable former roles of Mr. Cauti include:

• Deputy Minister of Mines of Peru (2019-2020)
• Executive Director of the Australia-Peru Chamber of Commerce (2015-2019)
• General Counsel for Pan American Silver Peru (2006-2013)

Mr. Cauti is a lawyer by training, with a certificate in American law from Georgetown University and a Master of Business Law from Duke University. His expertise in strategic business relations and opening access to markets in the Andean region will be key assets for American Lithium as it advances its projects in Peru.

Major ESG Initiative Launched in Peru

Demonstrating its commitment to the communities near its operations, American Lithium has commenced a major ESG (Environmental, Social, and Governance) initiative in Peru. In partnership with the Peruvian Armed Forces, the company is installing solar panels to bring electricity to remote homes on the Macusani Plateau near its Falchani lithium project.

Key facts about the solar electrification program:

• 240+ installations completed to date
• Goal of 1,000 installations this year across five local communities
• Each unit powers LED bulbs, a torch, radio, and USB ports for charging phones
• Enables children to study after dark and brings power to isolated farms

This transformative project highlights American Lithium's long history of working in the region, which dates back to 2004, and its commitment to the long-term well-being and prosperity of the local communities.

Well Positioned for the Clean Energy Transition

As the world accelerates its shift away from fossil fuels to cleaner energy sources, demand for lithium and uranium is expected to surge. Lithium is a key component in the batteries that power electric vehicles and store renewable energy, while uranium remains an important carbon-free baseload power source.

With its strong portfolio of lithium and uranium projects in stable jurisdictions in the Americas, American Lithium appears well positioned to benefit from this long-term trend. The TLC, Falchani, and Macusani projects have all demonstrated robust economics and growth potential.

The company has also shown skill in building positive relationships with the communities around its projects, as evidenced by the solar electrification initiative in Peru. This social license to operate will be an increasingly important factor for mining companies.

Conclusion

In summary, American Lithium offers investors leveraged exposure to the expected lithium and uranium demand boom over the coming decades as the world shifts to cleaner energy. The company appears to be on solid footing with a strong portfolio of projects in the Americas, a track record of positive community engagement, and a strengthened team in Peru.