(Investrend Research Syndicate) -- Ernest C. Schlotter, a senior analyst with SISM Research and a four star analyst according to StarMine, has initiated coverage on AmeriLithium Corp., (OTCBB: AMEL), an emerging lithium exploration company. The 10-page report dated May 18, 2010, includes an 18-24 month target price, which is supported by the DCF valuation. The full report includes important disclosures, disclaimers and analyst information. SISM Research and Investrend both advise investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. SISM Research and Investrend both further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process. (More about ratings and valuations is available at http://www.investrend.com/ratings). A complementary report, which includes important disclosures, disclaimers and analyst qualifications, is available for download via the InvesTrend Syndications website ( http://www.investrend.com/recent-research). According to the report: “Lake Tahoe-based AmeriLithium Corporation is a junior exploration company seeking to develop lithium properties in North America and internationally. Through its aggressive acquisition and exploration strategy and in a very short period of time, AmeriLithium has acquired ~724,000 acres of leaseholds and is one of the largest leasehold of all pure lithium players worldwide and has established the foundation for an aggressive exploration and development program. AmeriLithium now controls strong claims in Nevada comprising 16,920 acres with two properties adjacent to the only currently producing lithium brine mine in the United States. The first exploration program began on the Company’s 5,880-acre Paymaster Project in Clayton Valley. The Company secured a $10 million equity financing, enabling it to execute and accelerate its geological exploration program to prove up its assets. Lithium produced from brine is the main source of lithium carbonate used in Li-ion batteries, the emerging application in drivetrain technology.
“AmeriLithium appears to have the potential to develop three very strong properties in Nevada at producing LCE at a cost that is very competitive in the market,” said Ernest Schlotter, he continued “The Company has a solid management team and funds in place to explore and develop its world-class assets and become a strong brine-miner in the future.”About SISM Research: SISM Research ( http://www.sism.com) is a private investment research firm, based in Zurich, Switzerland, offering independent, fundamental research on public companies since 1995. SISM Research publishes research on micro- to small-cap companies trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage platforms are geared toward institutional and individual investors in both North America and in Europe. SISM Research, as a member-provider of the FIRST Research Consortium ( http://www.investrend.com/FIRST), takes steps to ensure the independence and integrity of SISM’s published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting “Standards for Independent Research Providers”, which are also in accordance with guidance set forth by U.S. Securities and Exchange Commission’s Advisory Committee on Smaller Public Companies. About AmeriLithium Corp.: AmeriLithium is a publicly-traded mining company committed to progressively developing into one of the leading American players in the global Lithium industry. The Company is headquartered in Lake Tahoe, NV. AmeriLithium has amassed a Lithium portfolio consisting of ~724,000 acres, including three Nevada-based projects nearby the only Lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia. Recent news from the Company included a May 5, 2010 press release announcing AmeriLithium received its second draw down from its $10 million finance agreement on April 29, 2010 to accelerate the Company’s ongoing US exploration program on its Paymaster Project in Nevada. More information is available via the company’s website (at http://www.amerilithium.com). About The Investrend Research Syndicate: The Investrend Research Syndicate ( http://www.investrend.com/research/syndicate), a proprietary entity of Investrend Communications, Inc., distributes reports published by sources dedicated to unbiased, reliable analytics and complete transparency. The primary measure for determining those sources is the “Standards for Independent Research Providers” ( http://www.investrend.com/FIRST/standards). Disclosures: AmeriLithium Corp. has retained and paid SISM Research Five Thousand US dollars to initiate coverage of AmeriLithium Corp. for a two year period, and AmeriLithium Corp. is under contract to pay SISM Research an ongoing fee of one thousand eight hundred and fifty US dollars per month over that two year period to ensure continuation of SISM’s independent coverage of AmeriLithium Corp.
SISM has paid Investrend Communications, Inc. (“Investrend”) a portion of SISM's collected fees from AmeriLithium Corp. for a “distribution and visibility” program, provided by the Investrend Research Syndicate (Div., Investrend) in support of SISM's AmeriLithium Corp. coverage.“Safe Harbor” Statement: This announcement contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of AmeriLithium Corp. to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and AmeriLithium Corp. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade. Disclaimer: The OTC Bulletin Board Exchange has neither approved nor accepts responsibility for the adequacy or accuracy of the above news release.
|(Source for SISM Research description: SISM Research, Inc.)|
|(Source for AmeriLithium Corp. description: AmeriLithium Corp.)|
|(Source for Investrend description: Investrend Communications, Inc.)|