UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

Specialized Disclosure Report

AMERICAN LITHIUM CORP.

(Exact name of registrant as specified in its charter)

British Columbia

 

001-41579

 

Not applicable

(State or other jurisdiction of
incorporation or organization)

 

(Commission File Number)

 

(IRS Employer
Identification No.)


1030 West Georgia Street,
Suite 710
Vancouver, British Columbia, Canada

 

 

V6E 2Y3

(Address of principal executive offices)

 

(Zip Code)

Paul Charlish

(604) 428-6128

(Name and telephone number, including area code, of person to contact in connection with this report)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

☐          Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ___________.

☒          Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended February 29, 2024.


SECTION 1 - CONFLICT MINERALS DISCLOSURE

Item 1.01 - Conflict Minerals Disclosure and Report

Not applicable

Item 1.02 - Exhibit

Not applicable

SECTION 2 - RESOURCE EXTRACTION ISSUER DISCLOSURE

Item 2.01 Resource Extraction Issuer Disclosure and Report

American Lithium Corp. (the "Company") is subject to Canada's Extractive Sector Transparency Measures Act ("ESTMA"). The Company is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended February 29, 2024 to satisfy the requirements of Item 2.01. The Company's ESTMA report is available on the Company's website at https://americanlithiumcorp.com/investors-2/#estma  or on the Government of Canada's website at https://natural-resources.canada.ca/our-natural-resources/minerals-mining/services-for-the-mining-industry/extractive-sector-transparency-measures-act/links-estma-reports/18198. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD. 

SECTION 3 - EXHIBITS

Item 3.01. Exhibits

The following exhibit is filed as part of this report.

Exhibit Number   Description
     
2.01   Extractive Sector Transparency Measures Act - Annual Report for the year ended February 29, 2024


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned.

AMERICAN LITHIUM CORP.
 
By: /s/ Paul Charlish   November 5, 2024
  Paul Charlish   (Date)
  CFO and Corporate Secretary    



Extractive Sector Transparency Measures Act - Annual Report  
Reporting Entity Name     American Lithium Corp    
Reporting Year From  2023-03-01 To:  2024-02-29 Date submitted   2024-06-05
Reporting Entity ESTMA Identification Number  E816514    Original Submission
Amended Report
   
Other Subsidiaries Included
(optional field)
    Macusani Yellowcake SAC; Tonopah Lithium Corp    
   
Not Consolidated    
   
Not Substituted  
   
Attestation by Reporting Entity  
   
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.  
 
Full Name of Director or Officer of Reporting Entity Philip Gibbs Date  2024-06-05
Position Title CFO    


Extractive Sector Transparency Measures Act - Annual Report
Reporting Year From:  2023-03-01 To:  2024-02-29    
Reporting Entity Name   American Lithium Corp   Currency of the Report  CAD
Reporting Entity ESTMA
Identification Number
  E816514      
Subsidiary Reporting Entities (if necessary)    
Payments by Payee
Country Payee Name1 Departments, Agency,
etc… within Payee that
ReceivedPayments2
Taxes Royalties Fees Production
Entitlements
Bonuses Dividends Infrastructure
Improvement
Payments
Total Amount
paid to Payee
Notes34
Peru Government of Peru National Superintendency of Public Registries     5,706         5,706 Document registrations
Peru Government of Peru Geological, Mining and Metallurgical Institute     572,723         572,723 Annual validity payments, plans and copies of properties
United States of America Government of the United States Bureau of Land Mangement     138,773         138,773 Annual claim maintenance; filing fees
                       
                       
                       
Additional Notes: All payments were made in USD and have been converted at CAD1.35 to USD, the average exchage rate for the period.


Extractive Sector Transparency Measures Act - Annual Report
Reporting Year From:  2023-03-01 To:  2024-02-29    
Reporting Entity Name   American Lithium Corp   Currency of the Report  CAD
Reporting Entity ESTMA
Identification Number
  E816514      
Subsidiary Reporting Entities (if necessary)    
Payments by Project
Country Project Name1 Taxes Royalties Fees Production
Entitlements
Bonuses Dividends Infrastructure
Improvement
Payments
Total Amount paid
to Payee
Notes23
Peru Falchani     578,429         578,429  
United States of America Tonopah Lithium     138,773         138,773  
                     
                     
Additional Notes3: All payments were made in USD and have been converted at CAD1.35 to USD, the average exchage rate for the period.


v3.24.3
Document Information
12 Months Ended
Feb. 29, 2024
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001699880
Registrant Name American Lithium Corp.
Period End Date Feb. 29, 2024
Reporting Currency CAD
v3.24.3
Payments, by Category - CAD ($)
Fees
Total Payments
Total $ 717,202 $ 717,202
v3.24.3
Payments, by Project - 12 months ended Feb. 29, 2024 - CAD ($)
Fees
Total Payments
Total $ 717,202 $ 717,202
Falchani    
Total 578,429 578,429
Tonopah Lithium    
Total $ 138,773 $ 138,773
v3.24.3
Payments, by Government - 12 months ended Feb. 29, 2024 - CAD ($)
Fees
Total Payments
Total $ 717,202 $ 717,202
PERU    
Total 578,429 578,429
PERU | Government of Peru    
Total 578,429 578,429
UNITED STATES    
Total 138,773 138,773
UNITED STATES | Government of the UnitedStates    
Total $ 138,773 $ 138,773
v3.24.3
Payments, Details - 12 months ended Feb. 29, 2024 - CAD ($)
Amount
Type
Country
Govt.
Project
#: 1          
$ 5,706 Fees PERU Government of Peru Falchani
#: 2          
572,723 Fees PERU Government of Peru Falchani
#: 3          
$ 138,773 Fees UNITED STATES Government of the UnitedStates Tonopah Lithium

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