16:04:00 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



American Lithium Corp (2)
Symbol LI
Shares Issued 98,302,145
Close 2020-07-16 C$ 2.14
Market Cap C$ 210,366,590
Recent Sedar Documents

American Lithium royalty buyback agreement

2020-07-16 16:37 ET - Property Agreement

The TSX Venture Exchange has accepted for filing a royalty buyback agreement dated July 9, 2020, between the company and Nevada Alaska Mining Co. Inc. (Robert Craig), whereby the company will acquire a portion of the existing gross overriding royalty pertaining to the TLC project, located in Nye county in Nevada. The vendor retained a 2.5-per-cent gross overriding royalty on commercial production from the property, of which the company purchased 1.5 per cent in consideration of $150,000 (U.S.) and 843,750 common shares.

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