American Lithium (TSE:LI) has released an update.
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American Lithium Corp. announced significant management changes, with Simon Clarke resigning as CEO effective September 1, 2024, and board member Alex Tsakumis taking over as interim CEO. Additionally, the company has requested an extension from Nasdaq to meet the minimum bid price requirement, which has no immediate effect on its shares’ listing or trading. American Lithium remains focused on developing its lithium and uranium projects in the Americas.
For further insights into TSE:LI stock, check out TipRanks’ Stock Analysis page.