American lithium to accelerate development of macusani uranium internally – elects to defer spin out

Vancouver, british columbia, july 17, 2023 (globe newswire) -- american lithium corp. (“american lithium” or the “company”) (tsx-v:li | nasdaq:amli| frankfurt:5la1) announces that it has decided to advance the next phase of work at macusani within american lithium, and as a result the company is deferring the spin out of its macusani uranium project (“macusani”) previously announced on june 7, 2023. consequently, it has chosen to terminate the definitive arrangement agreement with friday's dog holdings inc. (tsx-v:frdy), a public company currently listed on the tsx venture exchange.
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