HENDERSON, NV, Oct. 3, 2011 /PRNewswire/ -- AmeriLithium Corp. (OTC Bulletin Board : AMEL ) ("AmeriLithium" or "the Company") is pleased to announce it has entered into an Investor Relations service contract with Circadian Group.
The agreement is for a period of 12 months beginning September 30, 2011, and includes Circadian Group receiving a retainer of $2,500 per month. The agreement also includes an optional investor awareness clause, which will be initiated upon the Company's request. If implemented, the program will run for 6 months with Circadian Group receiving an additional retainer of $5,000 per month.
"We realize how vital it is to keep our lines of communication with investors both open and accessible, especially in light of today's market pressures. Fortunately, we feel this new partnership will make that a reality," said Matthew Worrall, AmeriLithium's Chief Executive Officer. "As in any industry, there are always providers that are able to deliver superior service. And in the case of Circadian Group, we feel we've now found that competitive advantage. Having expertise in the Natural Resource sector, as well as being Investor Relations professionals, makes Circadian Group the perfect fit for us."
"We are very excited to begin working with AmeriLithium and we look forward to assisting them in achieving all of their goals. Moving forward we intended to maintain, educate, and expand the Company's shareholder base. This in turn will allow management to focus on what is most important, the day to day operations of building and running the business. Allowing AmeriLithium to reach and trade at its true intrinsic value is our number one priority," said Ryan Troup, President of Circadian Group.
FOR MORE INFORMATION
More information on the Clayton Deep Project, and additional information regarding the Company, can be found at AmeriLithium's corporate website http://www.amerilithium.com along with the facility to sign up for regular news updates.
ABOUT LITHIUM: Lithium is a lightweight metal used in a wide range of consumer products the world over: the medical industry uses Lithium as an anti-depressant; industrial uses include glass, ceramic and porcelain enamel manufacture; the aviation industry uses Lithium in alloys. Of particular interest is the use of Lithium for battery production, which has expanded significantly in recent years due to rechargeable Lithium batteries being used increasingly in electrical tools and in the rapidly expanding portable electronics market. Furthermore, the next generation of hybrid and electric vehicles are being designed to use high-capacity Lithium-ion batteries as environmentally-friendly fuel alternatives while the Obama administration has introduced $5 billion in funding and incentives for the development of a secure, domestic battery industry with special focus on Lithium-ion batteries.
ABOUT AMERILITHIUM: AmeriLithium is a publicly traded (NASD OTC BB: AMEL), mining company committed to progressively developing into one of the leading American players in the global Lithium industry. The Company is headquartered in Henderson, NV. AmeriLithium has amassed a Lithium portfolio consisting of ~727,779 acres, including four Nevada-based projects nearby the only Lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia.
ON BEHALF OF THE BOARD OF DIRECTORS,
Matthew Worrall, Chief Executive Officer
871 Coronado Center Dr.
Toll Free: 1-888-982-6374
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. AmeriLithium Corp. bases these forward-looking statements on current expectations and projections about future events, based on information currently available. The forward-looking statements contained in this press release may also include statements relating to AmeriLithium Corp.'s anticipated financial performance, business prospects, new developments, strategies and similar matters. AmeriLithium Corp. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
SOURCE AmeriLithium Corp.