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LI American Lithium News Story

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Brief: American Lithium cancels Clayton Valley acquisition

Jan 11 (Reuters) - American Lithium Corp  LI.V  
    * American Lithium cancels Clayton Valley acquisition, 
amends financing terms 
    * American Lithium Corp - company also announces that it 
will not proceed with proposed $3 million financing associated 
with acquisition 
    * American Lithium Corp - company announces that it will 
place up to 10 million units at a price of 15 cents per unit 
    * American Lithium - Proceeds of private placement will be 
used to advance co's exploration of its Fish Lake Valley lithium 
exploration project in nevada 
 
Source text for Eikon:  ID:nMKWnv9n2a  
Further company coverage:  LI.V  
 
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