21:16:55 EDT Wed 05 Aug 2020
Enter Symbol
or Name

Alpha Lithium Corp
Symbol ALLI
Shares Issued 65,031,099
Close 2020-07-31 C$ 0.79
Recent Sedar Documents

Alpha Lithium clarifies promotional nature of article

2020-07-31 20:50 ET - News Release

Mr. Brad Nichol reports


Alpha Lithium Corp. is clarifying certain promotional third party disclosures made about the company.

Investingtrends.com published an article about the Company entitled "As the World Wrestles Control from China...Don't Go To Sleep on Lithium. Because While Other Commodities are Crashing, Li is Still $7,750 a Ton, Even After the Pandemic Calamity!" (the "Article"). The author of the article was engaged and compensated by Promethean Marketing Inc., a third-party investor relations consultant of the Company to prepare the article, as more particularly described in the Article. The Company did not review or approve the contents of the Article, and was not aware of the publication of the Article. The Company wishes to ensure information disseminated in respect of the Company is complete and balanced, and accordingly wishes to clarify that the opinions of the author included in the Article are solely the opinions of the author, and were not disseminated with the approval or at the direction of the Company. As noted in the Article, the Company wishes to clarify to investors that it is an early-stage exploration issuer, and the total deposit size and economic potential of the Company's Tolillar Project has not yet been established. The Company has not entered into any offtake or supply agreement in respect of the Tolillar Project, nor has it engaged in any discussions with large consumers (including Tesla) or producers of Lithium in respect of the acquisition of the Company by such large consumers or producers. Any implication in the Article that the Company's share price may increase proportionately to those of companies noted in the Article with similar projects near the Company's Tolillar Project is speculative in nature and solely made by the author of the Article. The Company has determined to conduct an internal review of its investor relations protocols to ensure balance and consistency in materials going forward. Investors interested in learning more about the Company are encouraged to visit the Company's website at https://alphalithium.com/, where Company-prepared, up-to-date information in respect of the Company is available, including its press releases and links to its SEDAR filings.

About Alpha Lithium (TSX.V: ALLI) (OTC: ALLIF)

Alpha Lithium is a growing team of industry professionals and experienced stakeholders who bring a big picture de-risked and proven approach to global lithium mining. They have assembled 100% ownership of what may be one of the last regional undeveloped land plays encompassing +27,500 hectares (67,954 acres) at Argentina's Tolillar Salar in the heart of the renowned "Lithium Triangle" in an area surrounded by successful operators and multi-billion-dollar lithium assets.

We seek Safe Harbor.

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