American Lithium’s Full Title to 32 Disputed Claims in Peru Re-confirmed – Supreme Court Rules Against Plaintiffs Petition Marking the End of Legal Action
American Lithium (OTCQX:AMLIF) has secured a decisive legal victory in Peru as the Supreme Court rejected petitions filed by INGEMMET and MINEM regarding the ownership of 32 disputed mining concessions. The Constitutional and Social Law Chamber unanimously ruled against the plaintiffs, deeming their petition unfair, inadmissible, and unacceptable.
This ruling marks the end of a seven-year legal process and confirms Macusani Yellowcake S.A.C., the Company's Peruvian subsidiary, as the rightful owner of the concessions. The Company maintained throughout that it never lost title to these properties. American Lithium can now focus on developing its portfolio, which includes two of the world's largest advanced-stage lithium projects and Latin America's largest undeveloped uranium project.
American Lithium (OTCQX:AMLIF) ha ottenuto una vittoria legale definitiva in Perù: la Corte Suprema ha respinto i ricorsi presentati da INGEMMET e MINEM relativi alla proprietà di 32 concessioni minerarie contestate. La Camera Costituzionale e di Diritto Sociale ha giudicato all'unanimità i ricorsi inopportuni, inammissibili e non accoglibili.
La sentenza pone fine a un procedimento giudiziario di sette anni e conferma Macusani Yellowcake S.A.C., la controllata peruviana della Società, come legittima proprietaria delle concessioni. L'azienda ha sempre sostenuto di non aver mai perso il titolo su tali beni. American Lithium può ora concentrarsi sullo sviluppo del suo portafoglio, che comprende due dei più grandi progetti di litio in fase avanzata al mondo e il più grande progetto di uranio non sviluppato dell'America Latina.
American Lithium (OTCQX:AMLIF) ha logrado una victoria legal decisiva en Perú: el Tribunal Supremo rechazó las peticiones presentadas por INGEMMET y MINEM sobre la titularidad de 32 concesiones mineras disputadas. La Sala Constitucional y de Derecho Social falló por unanimidad contra los demandantes, considerándolas indebidas, inadmisibles e improcedentes.
Este fallo pone fin a un proceso judicial de siete años y confirma a Macusani Yellowcake S.A.C., la filial peruana de la Compañía, como la legítima propietaria de las concesiones. La Compañía siempre sostuvo que nunca perdió el título sobre estas propiedades. American Lithium puede ahora centrarse en desarrollar su cartera, que incluye dos de los mayores proyectos de litio en fase avanzada del mundo y el mayor proyecto de uranio no desarrollado de América Latina.
American Lithium (OTCQX:AMLIF)는 페루에서 결정적인 법적 승리를 거두었습니다. 대법원이 논쟁 중인 32개 광산 권리의 소유권과 관련해 INGEMMET 및 MINEM이 제기한 청원을 기각했습니다. 헌법 및 사회법부는 만장일치로 청원을 부당하고, 부적법하며, 받아들일 수 없다고 판결했습니다.
이번 판결로 7년간의 법적 절차가 마무리되었고, 회사의 페루 자회사인 Macusani Yellowcake S.A.C.가 해당 권리의 정당한 소유자로 확정되었습니다. 회사는 해당 자산에 대한 권리를 잃지 않았다고 일관되게 주장해 왔습니다. American Lithium는 이제 세계에서 가장 큰 고급 단계 리튬 프로젝트 두 곳과 라틴아메리카에서 가장 큰 미개발 우라늄 프로젝트를 포함한 포트폴리오 개발에 집중할 수 있게 되었습니다.
American Lithium (OTCQX:AMLIF) a obtenu une victoire juridique décisive au Pérou : la Cour suprême a rejeté les requêtes déposées par INGEMMET et MINEM concernant la propriété de 32 concessions minières contestées. La Chambre constitutionnelle et de droit social a statué à l'unanimité contre les demandeurs, jugeant leurs requêtes injustifiées, irrecevables et non fondées.
Cette décision met fin à un processus judiciaire de sept ans et confirme Macusani Yellowcake S.A.C., la filiale péruvienne de la Société, comme propriétaire légitime des concessions. La Société a toujours affirmé n'avoir jamais perdu le titre de ces biens. American Lithium peut désormais se concentrer sur le développement de son portefeuille, qui comprend deux des plus grands projets de lithium en phase avancée au monde et le plus grand projet d'uranium non développé d'Amérique latine.
American Lithium (OTCQX:AMLIF) hat in Peru einen entscheidenden Rechtssieg errungen: der Oberste Gerichtshof wies die von INGEMMET und MINEM eingereichten Petitionen zur Eigentümerschaft von 32 strittigen Bergbaukonzessionen zurück. Die Kammer für Verfassungs- und Sozialrecht entschied einstimmig gegen die Kläger und bezeichnete deren Eingaben als unzulässig, nicht hinnehmbar und unbegründet.
Das Urteil beendet ein siebenjähriges Rechtsverfahren und bestätigt Macusani Yellowcake S.A.C., die peruanische Tochtergesellschaft des Unternehmens, als rechtmäßige Eigentümerin der Konzessionen. Das Unternehmen hat stets erklärt, den Titel an diesen Grundstücken niemals verloren zu haben. American Lithium kann sich nun auf die Entwicklung seines Portfolios konzentrieren, zu dem zwei der weltweit größten fortgeschrittenen Lithiumprojekte und das größte unentwickelte Uranprojekt in Lateinamerika gehören.
- Final resolution of 7-year legal dispute over 32 mining concessions in Peru
- Supreme Court's unanimous ruling confirms full title ownership
- Company can now advance development without legal uncertainty
- Maintains control of strategic lithium and uranium assets in Peru
- Seven years of legal proceedings have delayed project development
- Regulatory and bureaucratic challenges demonstrated in Peruvian mining sector
VANCOUVER, British Columbia, Aug. 28, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce that the Peruvian Judiciary has posted its ruling, on its official website, in favor of Macusani Yellowcake S.A.C., the Company’s Peruvian subsidiary. The ruling confirms that the petitions filed in December 2023 by INGEMMET and MINEM to the Supreme Court regarding the title ownership of 32 disputed concessions have been unanimously rejected.
The Constitutional and Social Law Chamber of the Supreme Court of Peru rejected hearing the petition filed by INGEMMET and MINEM on the grounds of it being unfair, inadmissible and unacceptable. This decision ends the unnecessary legal process initiated seven years ago by INGEMMET. From the outset, the Company maintained that there were no grounds for the Supreme Court to assume jurisdiction, a position that was consistently upheld.
Andrew Bowering, Executive Chairman of American Lithium, stated, “this is a significant development, and we are extremely pleased with the Court’s decision, as justice has prevailed. I would like to thank our team for their commitment to seeing this process through, and our stakeholders for their support along the way. It is important to re-emphasize that at no point did the Company lose title to the 32 concessions under dispute. We can now focus on advancing these high-quality projects without this uncertainty.”
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.
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On behalf of the Board of Directors of American Lithium Corp.
“Alex Tsakumis”
Interim CEO
Tel: 604 428 6128
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news 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 with respect to the 32 concessions and our business plans and objectives. 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 July 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.
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