(Investrend Research Syndicate) -- Ernest C. Schlotter, a senior analyst with SISM Research and a four star analyst according to StarMine, has released a research note on AmeriLithium Corp., (OTCBB: AMEL), an emerging lithium exploration company. In a six-page report dated July 28, 2010, SISM maintains its 18-24 month target price of $5.10, supported by the DCF valuation. The full report includes important disclosures, disclaimers and analyst information. Investrend and SISM Research 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. Investrend and SISM Research 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/synd0007). According to the report: “AmeriLithium Corp. successfully completed the gravity survey on its Paymaster Canyon Project in Clayton Valley in Nevada, which was conducted by Hasbrouck Geophysics, Inc., a very respected, licensed professional geophysics company from Prescott, Arizona. Three significant bedrock elevation lows have been identified that warrant further exploration. The survey's corresponding report specifically identified the largest of the three depressions as a possible trap for lithium-bearing groundwater migrating into the canyon from Alkali Flats to the east. The three bedrock elevation lows that were identified are oriented in a roughly north-south direction along the canyon axis. The main depression is approximately 750 meters wide by 4 kilometers long and ranges in depth from 200 to 400 meters. Two smaller, shallower bedrock lows were discovered to the south of the main depression that will also be tested during the next phase of geophysical exploration. ‘Geologically, the aquifers in the Clayton Valley have many characteristics that place it among the best and most economical lithium bearing basins in the world,’ said Ernest Schlotter. “The Company's second stage of exploration work will soon be completed and we expect a full report during the month of August 2010. We maintain our SPECULATIVE BUY/4 recommendation on AmeriLithium with an 18- to 24-month target price of $5.10, based on our DCF valuation.”
About AmeriLithium Corp:AmeriLithium is a publicly traded (NASD OTC BB: AMEL), 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, as well as a project in Western Australia. The Company’s Website can be found at http://www.amerilithium.com/. 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 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 US $12,400 to resume continuing coverage of AmeriLithium Corp. for a two-year period, and AmeriLithium Corp. is under contract to pay SISM Research an ongoing fee of US$1,850 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. Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms on this press release, such as prospective resource, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10K. You can also obtain this form from the SEC by calling 1-800-SEC-0330. Additional information may be found at the following web site.
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