American Lithium Minerals Inc. (OTC: AMLM) Increases Strategic Exposure to Chilean Copper-Silver Assets Through Additional Investment in Aeramentum Resources

Rhea-AI Summary

American Lithium Minerals (OTC: AMLM) expanded its strategic stake in Aeramentum Resources on April 13, 2026 by acquiring a secured convertible note that accrues interest and converts to equity in a qualifying transaction. The note is fully secured against Aeramentum Resources (Chile) tenements, including the Furano porphyry and Grande Plata / La Veta Larga silver projects, strengthening ALM's exposure to copper and silver in northern Chile and preserving optionality for future conversion on a merger or acquisition of the Chilean assets.

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Positive

• Secured convertible note acquired on April 13, 2026
• Note fully secured against two Chilean projects
• Option to convert note into equity on future transaction

Negative

• None.

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CARSON CITY, Nev., April 13, 2026 /PRNewswire/ -- American Lithium Minerals Inc. (OTCID: AMLM) ("ALM" or the "Company") is pleased to announce that it has expanded its strategic investment in Aeramentum Resources Pty Ltd ("Aeramentum") through the acquisition of a secured convertible note, further strengthening ALM's position in one of Chile's emerging copper–silver districts.

Aeramentum has issued AMLM a Secured Note with accruing interest and convertible into equity in the event of a merger or acquisition involving Aeramentum's Chilean assets.

The notes are fully secured against the mineral tenements and assets held by Aeramentum Resources (Chile) SpA, which include the Furano porphyry copper‑gold project and the Grande Plata / La Veta Larga silver project, both located in northern Chile.

Strengthening a Strategic Partnership

Aeramentum and its directors warrant that the Chilean subsidiary and its tenements remain unencumbered for the duration of the agreement, ensuring strong security backing for the noteholders.

The secured note also provides ALM with the option to convert the investment into equity in a future transaction involving Aeramentum's Chilean assets, offering potential upside as exploration and development progress.

Positioning for Growth in Chile's Critical Minerals Sector

American Lithium Minerals Inc. continues to evaluate opportunities across the Americas to secure long‑term access to lithium, copper, and other strategic minerals essential to the global energy transition. The Company views Aeramentum's Chilean portfolio as a compelling addition to its growth pipeline.

AMLM CEO Frank Kristan commented:

"This transaction increases our secured exposure to two highly prospective Chilean projects at a pivotal time for global copper and silver markets. We believe this is a disciplined, high‑leverage way to build long‑term shareholder value."

FORWARD-LOOKING STATEMENTS:

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.

Contact:

American Lithium Minerals, Inc
1007 South Street
Carson City, NV 89701
Phone: (775) 587-6137
E-mail: info@americanmineralresources.com
X: @AMR_MineralRes
LinkedIn: https://bit.ly/4qjAuWE

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SOURCE American Lithium Minerals, Inc

FAQ

What did AMLM announce about its investment in Aeramentum on April 13, 2026?

AMLM acquired a secured convertible note in Aeramentum to increase Chile exposure. According to the company, the note accrues interest, is secured against Aeramentum's Chilean tenements, and can convert into equity in the event of a merger or acquisition involving those assets.

Which Chilean projects secure the convertible note held by AMLM?

The note is secured against Furano and Grande Plata / La Veta Larga projects in northern Chile. According to the company, those tenements back the secured note and remain unencumbered for the agreement's duration.

How can AMLM realize upside from the Aeramentum secured note?

AMLM may convert the secured note into equity if a qualifying transaction occurs involving Aeramentum Chilean assets. According to the company, the conversion option offers potential upside as exploration and development progress on those projects.

Does the secured note provide legal protection for AMLM's investment in Aeramentum?

Yes — the note is fully secured against Aeramentum Resources (Chile) tenements and assets. According to the company, directors warrant the Chilean subsidiary and tenements remain unencumbered during the agreement, strengthening security for noteholders.

What strategic intent did AMLM state for expanding its Aeramentum exposure?

AMLM said the move increases secured exposure to copper and silver in Chile and supports long-term access to critical minerals. According to the company, this aligns with its goal to build a growth pipeline across the Americas for energy-transition metals.

Will the Aeramentum note immediately change AMLM shareholder equity or cash position?

The announcement does not disclose immediate cash impact or conversion terms for shareholder equity. According to the company, the transaction is a secured investment that accrues interest and may convert in a future merger or acquisition of the Chilean assets.