American Lithium Corp (AMLI)

[Nelson2]

The assumption is correct!!

“It is anticipated that the Transaction will include the transfer of a stand-alone Peruvian subsidiary holding the Macusani Project along with its uranium focused concessions, to an existing publicly traded company. The consideration for such transfer is expected to be the common shares in the capital of that public company. American Lithium then intends to distribute all, or the majority, of such common shares to its existing shareholders on a pro rata basis.”