Mr. Simon Clarke reports

AMERICAN LITHIUM REPORTS VOTING RESULTS AT ITS ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

American Lithium Corp. has released the voting results for the company's annual and special meeting of shareholders held today in Vancouver, B.C.

Detailed voting results of the election of the company's board of directors are set out in the attached table.

Nominee              Votes for   % for  Votes withheld  % withheld 

Andrew Bowering     19,518,784     90%       2,193,649         10%    
Simon Clarke        20,863,120     96%         850,313          4%     
Laurence Stefan     18,886,928     87%       2,826,505         13%    
Ben Binninger       19,684,228     91%       2,029,205          9%     
Alex Tsakumis       17,434,224     80%       4,279,209         20%    
Claudia Tornquist   19,603,692     90%       2,109,741         10%    
Carsten Korch       18,963,090     87%       2,750,343         13%    

All nominees, as set forth in the company's management information circular dated Oct. 16, 2023, were elected as directors of American Lithium at the meeting.

At the meeting, shareholders also approved: (1) the appointment of Ernst & Young LLP as auditor of the company for the ensuing year and authorizing the board of directors to fix the remuneration of the auditor; and (2) the approval of the company's amended omnibus incentive plan, as more particularly described in the circular.

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+.

About American Lithium Corp.

American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions in the Americas. The company is focused on the continued development of its strategically located TLC lithium project in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to advance its Falchani lithium project and Macusani uranium project in southeastern Peru. All three projects, TLC, Falchani and Macusani, have been through robust preliminary economic assessments, exhibit strong significant expansion potential and enjoy strong community support. Prefeasibility work is advancing well at Falchani and at TLC.

We seek Safe Harbor.