American Lithium completed the acquisition of Plateau Energy Metals.

American Lithium, a mineral explorer, completed the acquisition of Plateau Energy Metals, a metal and mineral explorer. Under the terms of the Arrangement, among other things, each holder of Plateau Shares is entitled to receive 0.29 of a common share of American Lithium and 0.145 of a common share purchase warrant of American Lithium for each Plateau Share held immediately prior to effective time. “We are thrilled to complete this acquisition of Plateau, which significantly increases our portfolio of assets and expands our range of opportunities in the Americas. I would like to take this time to welcome our new colleagues from Plateau, who bring a highly complimentary skill set. Not only is this important for the continued development of the Plateau assets but also their success in producing battery grade lithium at Falchani will be directly relevant as we focus on that milestone at TLC," Simon Clarke, American Lithium CEO and Director.