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Stock impact report

American Lithium Announces Financial and Operating Highlights for Second Quarter Ended August 31, 2024 [Financial Post (Toronto, Ontario, Canada)]

American Lithium Corp. (AMLI) 
Company Research Source: Financial Post
VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to provide financial and operating highlights for the second quarter ended August 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Highlights for the Quarter: Falchani Flow Sheet Optimization Implementation of numerous additional tried and tested hydrometallurgical processing steps to optimize the core flow sheet and materially reduce costs; Reduction of sulfuric acid consumption by approximately 50%; and Improvement in the specification of key by-products, sulfate of potash and cesium. Application to Nasdaq for Extension to Minimum Price Requirement Additional 180 calendar day extension to regain compliance with the Minimum US$1 Bid Price Rule. Board Appointment: The Company is also pleased to announce the appointment of Rona Sellers to its Board of Director Show less Read more
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