en.Wedoany.com Reported - American Lithium Corp. (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) officially appointed Amandip Singh as an independent board member on July 1, 2026. Singh is a mining expert with over 15 years of industry experience, whose career spans both technical exploration and financial evaluation of mineral projects, covering the complete lifecycle from early-stage discovery, feasibility studies, project financing, to development and construction.
Singh has a rich background in the mining sector, having held senior management positions at mining companies such as Outcrop Silver, Apollo Silver, and Magna Gold, and served as a sell-side analyst at a boutique investment bank focused on the mining industry. Throughout his career, he has been deeply involved in several major mining transactions, including playing a key role in Newmont's $311 million acquisition of GT Gold. Additionally, he helped lead the strategic transformation of West Red Lake Gold Mines, which included the acquisition of the Madsen mine. Singh holds a Bachelor of Science degree from the University of Toronto.
Alex Tsakumis, CEO of American Lithium, stated that Singh's appointment strengthens the board's independence and composition, and his geological expertise and capital markets experience will assist the company in advancing asset development and creating shareholder value. In conjunction with this appointment, the company has granted Singh a total of 300,000 incentive stock options, with an exercise price of C$0.455 per share, valid for five years, and vesting over 12 months.
American Lithium is a Canada-based mineral exploration and development company, currently advancing two of the world's major advanced lithium projects, as well as the largest undeveloped uranium project in Latin America. Its core assets include the TLC clay-type lithium project in Nevada, USA, the Falchani hard-rock lithium project in southern Peru (which also hosts globally significant cesium resources), and the Macusani uranium project, also in Peru. All three projects have completed Preliminary Economic Assessments (PEAs) and demonstrate significant expansion potential.
Singh's appointment comes at a time when the global energy transition is accelerating and the strategic importance of critical minerals is increasingly prominent. His extensive experience in project lifecycle management and capital operations is expected to help American Lithium better bridge technology and capital, and address various development-stage challenges, as it advances its large-scale lithium and uranium projects in North and South America.
