American Lithium Reports Results of Annual General Meeting
Rhea-AI Summary
American Lithium (OTCQX:AMLIF) reported results of its Annual General Meeting held on November 26, 2025 in Vancouver. All six director nominees were elected, each receiving majority support (examples: Andrew Bowering 98.77% for, Claudia Tornquist 93.26% for).
Shareholders also approved fixing the board size at six (97.72% for), the appointment of Davidson & Company LLP as auditor (97.46% for), and the re-approval of the omnibus incentive plan (97.02% for). The company reiterated its focus on the TLC lithium project (Nevada), Falchani lithium (Peru) and Macusani uranium (Peru).
Positive
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Negative
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News Market Reaction
On the day this news was published, AMLIF gained 5.52%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
AMLIF was down 2.13% while key peers were mixed: EEMMF down 2.62%, LTHCF up 3.68%, others flat. Moves were stock-specific rather than a clear sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 03 | Legal enforcement update | Positive | +0.0% | Peruvian court definitively restored ownership of 32 mining concessions. |
| Nov 26 | AGM results | Positive | +5.5% | Shareholders re-elected six directors and approved key corporate matters. |
| Oct 09 | Resource and process update | Positive | +19.6% | Falchani cesium resource and process optimizations with high Li and Cs recoveries. |
| Sep 26 | Water agreement | Positive | -10.3% | TLC project secured key water reservation agreement for future operations. |
| Aug 28 | Legal title victory | Positive | +13.7% | Peruvian Supreme Court confirmed full title to 32 disputed concessions. |
Positive operational and legal updates often saw supportive or strong price reactions, but some materially positive items drew weak or negative responses, indicating inconsistent news-price alignment.
Over the last six months, American Lithium reported significant legal, operational, and corporate milestones. Legal victories in Peru confirmed full title to 32 mining concessions, while subsequent court actions in Resolution No. 24 advanced enforcement steps. Operationally, the Falchani project highlighted large cesium resources and improved recoveries, and the TLC project secured a key water reservation agreement. Governance-wise, the November 26, 2025 AGM reaffirmed board composition and key corporate approvals, tying together growth, de‑risking of assets, and corporate continuity.
Market Pulse Summary
The stock moved +5.5% in the session following this news. A strong positive reaction aligns with the high shareholder support recorded at the AGM, where director elections and key resolutions received over 93% votes in favor. Historically, several positive legal and operational updates have produced supportive or strong moves, as seen with prior resource and title decisions. However, past episodes also showed sharp reversals after good news, so investors have monitored execution risks, project development milestones, and broader lithium sentiment when reassessing such spikes.
Key Terms
omnibus incentive plan financial
auditor financial
preliminary economic assessments technical
lithium carbonate equivalent technical
TSX Venture Exchange financial
AI-generated analysis. Not financial advice.
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 report the voting results for the Company’s Annual General Meeting of Shareholders (the “Meeting”) held today in Vancouver, British Columbia.
Detailed voting results of the election of the Company’s board of directors (the “Board of Directors”) are set out below:
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
| Andrew Bowering | 46,450,215 | 576,647 | ||
| Claudia Tornquist | 43,857,642 | 3,169,220 | ||
| Laurence Stefan | 45,140,728 | 1,886,134 | ||
| G.A. (Ben) Binninger | 45,465,396 | 1,561,466 | ||
| Alex Tsakumis | 46,424,571 | 602,291 | ||
| Rona Sellers | 46,420,022 | 606,840 |
All nominees, as set forth in the Company’s Management Information Circular dated October 24, 2025 (the “Circular”), were elected as directors of American Lithium at the Meeting.
At the Meeting, shareholders also approved: (1) the number of directors to fixed at six, (2) the appointment of Davidson & Company LLP as auditor of the Company for the ensuing year and authorizing the Board of Directors to fix the remuneration of the auditor and (3) the re-approval of the Company’s omnibus incentive plan, as more particularly described in the Circular.
| Votes For | % For | Votes Against - Withheld | % Against - Withheld | |
| Number of directors | 71,296,680 | 1,665,169 | ||
| Appointment of auditors | 71,110,182 | 1,851,669 | ||
| Omnibus incentive plan | 45,624,748 | 1,402,113 |
For further information regarding the matters considered at the Meeting, readers are encouraged to review the Circular, a copy of which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).
About American Lithium
American Lithium is developing two of the world’s largest, advanced-stage lithium projects, along with the largest undeveloped uranium project in Latin America. They include the TLC claystone lithium project in Nevada, the Falchani hard rock lithium project and the Macusani uranium deposit, both in southern Peru. All three projects have been through robust preliminary economic assessments, exhibit significant expansion potential and enjoy strong community support.
For more information, please contact the Company at info@americanlithiumcorp.com or visit our website at www.americanlithiumcorp.com.
Follow us on Facebook, Twitter and LinkedIn.
On behalf of the Board of Directors of American Lithium Corp.
“Alex Tsakumis”
Interim Chief Executive Officer
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 news release contains certain forward-looking information and forward-looking statements (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the business plans, expectations and objectives of American Lithium. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend", “indicate”, “scheduled”, “target”, “goal”, “potential”, “subject”, “efforts”, “option” and similar words, or the negative connotations thereof, referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management and are not, and cannot be, a guarantee of future results or events. Although American Lithium believes that the current opinions and expectations reflected in such forward-looking statements are reasonable based on information available at the time, undue reliance should not be placed on forward-looking statements since American Lithium can provide no assurance that such opinions and expectations will prove to be correct. All forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including risks, uncertainties and assumptions related to: American Lithium’s ability to achieve its stated goals;, which could have a material adverse impact on many aspects of American Lithium’s businesses including but not limited to: the ability to access mineral properties for indeterminate amounts of time, the health of the employees or consultants resulting in delays or diminished capacity, social or political instability in Peru which in turn could impact American Lithium’s ability to maintain the continuity of its business operating requirements, may result in the reduced availability or failures of various local administration and critical infrastructure, reduced demand for the American Lithium’s potential products, availability of materials, global travel restrictions, and the availability of insurance and the associated costs; the ongoing ability to work cooperatively with stakeholders, including but not limited to local communities and all levels of government; the potential for delays in exploration or development activities; the interpretation of drill results, the geology, grade and continuity of mineral deposits; the possibility that any future exploration, development or mining results will not be consistent with our expectations; risks that permits will not be obtained as planned or delays in obtaining permits; mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes (including work stoppages, strikes and loss of personnel) or other unanticipated difficulties with or interruptions in exploration and development; risks related to commodity price and foreign exchange rate fluctuations; risks related to foreign operations; the cyclical nature of the industry in which American Lithium operates; risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals; risks related to environmental regulation and liability; political and regulatory risks associated with mining and exploration; risks related to the uncertain global economic environment and the effects upon the global market generally, any of which could continue to negatively affect global financial markets, including the trading price of American Lithium’s shares and could negatively affect American Lithium’s ability to raise capital and may also result in additional and unknown risks or liabilities to American Lithium. Other risks and uncertainties related to prospects, properties and business strategy of American Lithium are identified in the “Risk Factors” section of American Lithium’s Management’s Discussion and Analysis filed on October 30, 2025, and in recent securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements. American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.
FAQ
Who was elected to the board of American Lithium (AMLIF) at the November 26, 2025 AGM?
What percentage of votes supported fixing American Lithium's board size at six on November 26, 2025?
Was Davidson & Company LLP appointed auditor for American Lithium (AMLIF) at the 2025 AGM?
Did shareholders re-approve American Lithium's omnibus incentive plan at the November 26, 2025 meeting?
How much shareholder support did director nominee Claudia Tornquist receive at AMLIF's 2025 AGM?
Where can investors find the full meeting materials and voting details for American Lithium (AMLIF)?
