American Lithium Reports Results of Annual General Meeting – The Canadian Business Journal

VANCOUVER, British Columbia, Nov. 26, 2025 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce the voting results of the Company’s annual general meeting of shareholders (the “Meeting”) held today in Vancouver, British Columbia.

Detailed voting results for the election of the Company's board of directors (the “Board of Directors”) are presented below:

All candidates as set forth in the Company's Management Information Circular dated October 24, 2025 (the “Circular”) were elected directors of American Lithium at the Meeting.

At the meeting, shareholders also approved: (1) the number of directors, to be set at six, (2) the appointment of Davidson & Company LLP as the Company's auditor for the next year and authorization for the Board of Directors to set the auditor's compensation, and (3) the re-approval of the Company's comprehensive incentive plan, as more fully described in the Circular.

For additional information on the matters discussed at the meeting, readers are encouraged to review the Circular, a copy of which is available on the Company's profile on SEDAR+ (www.sedarplus.ca).

About American Lithium

American Lithium is developing two of the world's largest advanced stage lithium projects, as well as the largest undeveloped uranium project in Latin America. These include the TLC mudstone lithium project in Nevada, the Falciani hard rock lithium project and the Macusani uranium deposit in southern Peru. All three projects have undergone rigorous preliminary economic assessments, demonstrate significant expansion potential, and have strong community support.

For further information, please contact the Company at: [email protected] or visit our website at www.americanlithiumcorp.com.

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On behalf of the Board of Directors of American Lithium Corp.

“Alex Tsakumis”
Interim General Director
Tel: 604 428 6128

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward-Looking Information
This press release contains certain forward-looking information and forward-looking statements (collectively, “forward-looking statements”) within the meaning of applicable securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding American Lithium's business plans, expectations and objectives. Forward-looking statements are often identified by words such as “may,” “will,” “plan,” “anticipate,” “anticipate,” “estimate,” “intend,” “indicate,” “scheduled,” “target,” “goal,” “potential,” “objective,” “effort,” “option” and similar words or their negative connotations regarding future events and results. Forward-looking statements are based on management's current beliefs and expectations and are not and cannot be guarantees of future results or events. Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable and based on information currently available, undue reliance should not be placed on the forward-looking statements because American Lithium can provide no assurance that such opinions and expectations will prove to be correct. All forward-looking statements are inherently uncertain and are subject to numerous assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium's ability to achieve its stated objectives; which could have a material adverse effect on many aspects of American Lithium's business, including, but not limited to: the ability to access mineral resources for an indefinite period of time, the health of employees or consultants resulting in delays or reduced productivity, social or political instability in Peru, which in turn could affect American Lithium's ability to maintain the continuity of its operational requirements could result in reduced availability or disruptions to various local government agencies and critical infrastructure, decreased demand for American's potential products Lithium, availability of materials, global travel restrictions, and availability of insurance and related costs; continued ability to work collaboratively with stakeholders, including, but not limited to, local communities and all levels of government; the possibility of delays in exploration or development; interpretation of drilling results, geology, quality and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not meet our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks associated with accidents, equipment failures, labor disputes (including work stoppages, strikes and loss of personnel) or other unforeseen difficulties or interruptions in exploration and development; risks associated with fluctuations in commodity prices and exchange rates; risks associated with foreign activities; the cyclical nature of the industry in which American Lithium operates; risks associated with the inability to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining government approvals; risks associated with environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks associated with uncertain global economic conditions and impacts on the global market generally, any of which could continue to negatively impact global financial markets, including the trading price of American Lithium's shares, and could adversely affect American Lithium's ability to raise capital and could result in additional and unknown risks or liabilities for American Lithium. Other risks and uncertainties associated with American Lithium's prospects, properties and business strategy are set forth in the “Risk Factors” section of American Lithium's Management's Discussion and Analysis filed on October 30, 2025 and in recent securities reports available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements. American Lithium does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

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