VANCOUVER and TORONTO, Canada, September 20, 2022 — Alpha Lithium Corporation (NEO: ALLI) (formerly TSXV: ALLI) (OTC: APHLF) (Germany WKN: A3CUW1) (“Alpha” or the “Company”) is pleased to announce the commencement of trading today on the NEO Exchange under the symbol ALLI, following a voluntary delisting from the TSX-Venture Exchange.
“Alpha Lithium is now our sixth mining listing in the past year, and the most recent in a steady graduation of quality companies from venture exchanges to the NEO Tier 1 stock exchange,” said Jos Schmitt, President of NEO and SVP of Global Listings for Cboe Global Markets. “This is a trend that we are determined to pursue as we continue to offer greater exposure and access to capital which simply isn’t available on the junior exchanges. We are honoured to welcome Alpha Lithium as our newest corporate partner and look forward, with much anticipation, to the results of their lithium exploration in Argentina.”
Alpha Lithium is currently focused on advancing its two flagship projects in Argentina’s famous “Lithium Triangle,” the Hombre Muerto project and the Tolillar project. Lithium is a key component in rechargeable batteries for electric vehicles, mobile phones, laptops, digital cameras, and more.
“Having advanced our company operationally, advancing to the more senior NEO Exchange is now critical to gaining wider access to investors,” said Brad Nichol, President, and CEO of Alpha Lithium. “From a capital markets perspective, we chose to graduate our public listing to the NEO Exchange in order to leverage their reach with a broader range of global, institutional investors. Today’s uplisting is reflective of many exciting growth developments occurring within the company.”
Investors can seamlessly continue trade shares of ALLI through their usual investment channels, including discount brokerage platforms and full-service dealers.
Alpha Lithium joins over 250 unique listings on the NEO Exchange, including some of the most innovative Canadian and international growth companies, and ETFs from Canada’s largest ETF issuers. NEO consistently facilitates between 10% and 15% of all volume traded in Canadian-listed companies and close to 20% of all volume traded in Canadian ETFs. Click here for a complete view of all NEO-listed securities.
About the NEO Exchange
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About Alpha Lithium (NEO: ALLI) (OTC: APHLF) (Germany WKN: A3CUW1)
Alpha Lithium is a team of industry professionals and experienced stakeholders focused on the development of the Tolillar and Hombre Muerto Salars. In Tolillar, the company has assembled 100% ownership of what may be one of Argentina’s last undeveloped lithium salars, encompassing 28,030 hectares (69,264 acres), neighbouring multibillion-dollar lithium players in the heart of the renowned Lithium Triangle. In Hombre Muerto, the company continues to expand its 5,000-plus-hectare (12,570-acre) foothold in one of the world’s highest-quality, longest-producing lithium salars.
ON BEHALF OF THE BOARD OF ALPHA LITHIUM CORPORATION
President, CEO and Director
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include the results of further brine process testing and exploration and other risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.
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