VANCOUVER, British Columbia, July 22, 2020 — Alpha Lithium Corporation (TSX.V: ALLI) (OTC: ALLIF) (“Alpha” or “Alpha Lithium” the “Company”) announces that it retained Promethean Marketing, Inc. (“Promethean”) to provide the Company with strategic investor relations, general awareness and communications services pursuant to an agreement dated effective October 15, 2019 (the “Agreement”). The Agreement carried a minimum one-month term, and has been renewed by the Company to continue until September 1, 2020.
Promethean is responsible for marketing and dissemination of news and advertisements about the Company to enhance the Company’s exposure among industry stakeholders and investors. Promethean is based in Maryland, USA and provides public disclosure solutions to a number of issuers across a variety of industry segments. To the best of the Company’s knowledge Promethean does not have any equity interest in the securities of the Company, or a right to acquire such an interest.
Under the terms of the Agreement, the Company paid Promethean an initial deposit of US$50,000, and for continuing services on an intermittent basis at an average rate of US$95,232.38 per month for the ongoing period from October 15, 2019 to September 1, 2020.
About Alpha Lithium (TSX.V: ALLI) (OTC: ALLIF)
Alpha Lithium is a growing team of industry professionals and experienced stakeholders who bring a big picture de-risked and proven approach to global lithium mining. They have assembled 100% ownership of what may be one of the last regional undeveloped land plays encompassing +27,500 hectares (67,954 acres) at Argentina’s Tolillar Salar in the heart of the renowned “Lithium Triangle” in an area surrounded by successful operators and multi-billion-dollar lithium assets. For more information visit: https://alphalithium.com/ and follow us on Twitter or Facebook.
ON BEHALF OF THE BOARD OF ALPHA LITHIUM
President, CEO and Director
For more information:
Alpha Lithium Investor Relations
Tel: +1 844 592 6337
Certain statements contained in this press release constitute forward-looking information or forward-looking statements (collectively, “forward-looking statements”). The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking statements and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Although the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company can give no assurance that they will prove to be correct. By their nature, such forward-looking statements are subject to various risks and uncertainties, which could cause actual results to differ materially from the anticipated results or expectations expressed herein. These risks and uncertainties, include, but are not limited to the COVID-19 pandemic, general economic conditions, industry conditions, access to capital markets, volatility of commodity prices, market forces, competition from other industry participants and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release or otherwise. Except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.