VANCOUVER, British Columbia, August 06, 2021 (GLOBE NEWSWIRE) – Alpha Lithium Corporation (TSX.V: ALLI) (OTC: APHLF) (Frankfurt: 2P62) (“Alpha“or the”Company“) announces that as part of its CUSIP update following the spin-off of Beta Energy Corp., it no longer trades under the symbol ALLIF in the United States and began trading today under the new american symbol APHLF. The Company’s shares continue to trade in Canada on the TSX Venture Exchange under the same symbol. ALLI. The Company’s shares are now issued under CUSIP 02075X103.
The company believes that the stock’s trading volatility in the United States was primarily caused by the creation of a new CUSIP number and the resulting symbol change. Alpha recommends that shareholders contact an investment advisor before making any trading decisions and for more information.
The Company confirms and is not aware of any undisclosed material adverse events relating to Alpha, its business or its assets, all of which are progressing positively and as expected. It is expected that trade in the United States will re-regulate in the coming days following the adoption of this new symbol and the rebalancing of market orders.
ON BEHALF OF THE BOARD OF DIRECTORS OF ALPHA LITHIUM CORPORATION
President, CEO and Director
For more information:
Alpha Lithium Investor Relations
Phone. : +1 844 592 6337
About Alpha Lithium (TSX.V: ALLI) (OTC: APHLF) (Frankfurt: 2P62)
Alpha Lithium is a growing team of industry professionals and experienced stakeholders focused on the development of Salars Tolillar and Hombre Muerto. In Tolillar, we have gathered 100% ownership of what may be one of Argentina’s last undeveloped lithium salars, spanning 27,500 hectares (67,954 acres), neighboring multibillion-dollar lithium players. dollars in the heart of the famous “lithium triangle”. At Hombre Muerto we are expanding our presence in one of the oldest and highest quality lithium salars in the world. Other companies in the region exploring or currently in production for lithium brines include Orocobre Limited, Galaxy Lithium, Livent Corporation and POSCO in Salar del Hombre Muerto; Orocobre in Salar Olaroz; Eramine SudAmerica SA at Salar de Centenario; and Gangfeng and Lithium Americas in the Salar de Cauchari. For more information: https://alphalithium.com/.
This press release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by words such as “will”, “may”, “should”, “anticipates”, “expects” and similar expressions. All statements other than statements of historical fact included in this press release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and that actual results and future events could differ materially from those anticipated in such statements. Significant factors that could cause actual results to differ materially from the Company’s expectations include potential delays in obtaining all required approvals and other risks detailed from time to time in documents filed by the Company with the Company. securities regulatory authorities. The reader is cautioned that the 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 expected, due to many 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 forward-looking information. This 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. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release and the Company will publicly update or revise the forward-looking statements included only as expressly required by applicable law.
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