American Lithium Raises $1.25 Million

VANCOUVER, BRITISH COLUMBIA, LIACF, LI, (Marketwired Feb 28, 2017) American Lithium Corp. (TSX VENTURE:LI)(OTCQB:LIACF)(FRANKFURT:5LA)(WKN:A2AHEL) ( American Lithium ; or, the Company ) is pleased to announce that it has completed a private placement of 10,000,000 units (each, a Unit ), at a price of $0.125 per Unit, for gross proceeds of $1,250,000. Each Unit consists of one common share of the Company, and one common share purchase warrant (each, a Warrant ). Each Warrant is exercisable to acquire one additional common share of
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