LAKE TAHOE, NV, June 28 /PRNewswire-FirstCall/ -- AmeriLithium Corp. (OTC Bulletin Board: AMEL; "AmeriLithium" or "the Company") is pleased to report that the Company is to relocate its head office to Henderson, NV, in order to facilitate the Company's ongoing Lithium exploration program.
The Company entered into an agreement commencing on June 24, 2010 to relocate its head office to Henderson, NV, from it current location in Lake Tahoe, NV. The new offices offer improved telecommunications, boardroom and staff facilities, along with the ability to grow with the company.
The new location also offers the added benefits of both McCarran International Airport and the Henderson Executive Airport. Traveling times will also be reduced to the Companies 2 Clayton Valley Properties, Paymaster Canyon and Clayton Deep, and also to the Full Monty Property, Nye County.
Matthew Worrall, AmeriLithium's Chief Executive Officer, commented on the relocation. "We decided to relocate due to the ease of access for several members our team, and the increased facilities and services that can be found in a developing area such as Henderson. The move also allows us to be in a position to develop the office and team for the next stages of the companies' development, and we hope to have completed the transition within the next 2 weeks. The reduced traveling time to our 3 properties in Nevada, although small, is also welcome."
Following on from last week's site visit by Matthew Worrall - CEO, Robert Allender - Vice President of Exploration & Chief Geologist and Robert Craig, P.E. - Chief Mining Advisor, the company has updated the Photo Gallery on its corporate website www.amerilithium.com with photos from the field trip.
AmeriLithium is currently in the exploration stages of its 3 domestic locations Paymaster, Clayton Deep and Full Monty projects. In addition, AmeriLithium's Nevada-based Paymaster Project is adjacent to proven Lithium production in Clayton Valley, home to the only US-based Lithium producing plant, operated by neighboring Chemetall Foote Corporation, a subsidiary of Rockwood Holdings, Inc. The plant has been in production since 1967, producing an estimated 50 million kg (55,000+ tons) of Lithium to date from the region's rich brines.(1)
FOR MORE INFORMATION
More information on AmeriLithium's projects and exploration program, and additional information regarding the Company, can be found at AmeriLithium's corporate website 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 Lake Tahoe, NV. AmeriLithium has amassed a Lithium portfolio consisting of ~724,000 acres, including three 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
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.
(1) Rodinia Minerals Inc website, Feb. 25, 2009
SOURCE AmeriLithium Corp.