Michael Kobler, CEO, acquired 1,100,000 Common Shares on an indirect ownership basis for registered holder 1410079 Alberta ULC at a price of $0.230 through a private transaction on April 27th, 2020. This represents a $253,000 investment into the company's shares and an account share holdings change of greater than 100%.
American Lithium is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
American Lithium Corp., formerly Menika Mining Ltd., is an exploration-stage company. The Company is engaged in the acquisition, exploration and development of lithium deposits throughout the Americas. It holds options to acquire Nevada lithium brine claims totaling over 20,790 acres, including over 18,550 acres in Fish Lake Valley, Esmeralda County, and the 2,240-acre San Emidio Project in Washoe County. Its Fish Lake Valley property is a Nevada desert basin. It is also engaged in the exploration, evaluation and development of resource properties. It holds interests in the Reliance property, which consists of approximately 977.7 hectares, located over 10 kilometers north of the Historic Bralorne Gold Mine and five kilometers east of the town of Goldbridge, British Columbia. The Reliance property has approximately five claims consisting of over 20 units and approximately two cells It holds interest in AVA Property, located at and to the east of the village of Criss Creek.
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