Brief: American lithium to buy Atlantis property in Fish Lake Valley, Nevada

American Lithium

09/05/2016 13:30

May 9 (Reuters) - American Lithium Corp  LI.V  
    * Has entered into an agreement to acquire all of 
outstanding share capital of 1065604 BC LTD 
    * Will issue 4,533,334 common shares and will assume 
1065604's obligations to Nevada sunrise in respect of Atlantis 
    * In order to complete acquisition, co will be required to 
complete cash payments and exploration expenditures to Nevada 
Sunrise 
    * In order to complete acquisition of atlantis, co will have 
to issue of up to 1.3 million common shares over a period of 3 
yrs 
    * American Lithium Corp to acquire Atlantis Property in Fish 
Lake Valley, Nevada - adds 2,882 acres to its lithium portfolio 
 
  Source text for Eikon:  ID:nCNWN9J0ga  
  Further company coverage:  LI.V  
 
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