American Lithium Minerals Appoints Top Lithium Industry Executive, Ms. Judy Baker as President and CEO
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HENDERSON, NV, Oct 08 (MARKET WIRE) --
American Lithium Minerals Inc. (OTCBB: AMLM) (the "Company") is pleased
to announce that its Board of Directors today appointed Ms. Judy Baker as
President and Chief Executive Officer of the Company, effective
immediately. As part of the appointment, Ms. Baker will also be joining
the Board of Directors.
Ms. Baker will replace Mr. Matthew Markin as President. Mr. Markin who
will continue as the Chairman of the Board of Directors commented, "We are
extremely pleased that Ms. Baker has chosen American Lithium Minerals. Her
successful track record and years of know-how will definitely accelerate
our developmental time lines," Mr. Markin continued, "Judy's experience in
building and positioning mining/mineral exploration companies and her
knowledge of the world wide lithium industry will be an enormous benefit
to executing our initiative to become a major participant in the lithium
and rare earth minerals industry."
Ms. Baker has a long and successful track record in the mining/mineral
exploration business and associated equity markets. Most recently Ms.
Baker was the President, CEO and a director of Canada Lithium Corp., Ms.
Baker was instrumental in restructuring the company and strategically
positioning it into the forefront of the international lithium business.
During her 20-month tenure the company's market cap grew from $5 million
to over $30 million, an over 600% increase. Ms. Baker stated, "I am very
pleased to join the incredible team here at American Lithium Minerals, I
feel very confident that we have the opportunity to make American Lithium
Minerals a significant influence in this space."
Ms. Baker holds an Honours B.Sc. Geological Engineering in Mineral
Resources Exploration and a M.B.A., and has seventeen years of experience
in the mining and mineral exploration sector including equity analysis,
fund management and exploration and mining company activity.
About American Lithium Minerals
American Lithium Minerals Inc. is an early stage lithium exploration
company engaged in evaluating, developing and acquiring lithium projects,
with a focus on the USA.
Forward-Looking Statements
This current report contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements in this
press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future, including but not limited
to, the entry into of a definitive option agreement with GeoXplor in
regards to the claims situated on the Montezuma Peak in Esmeralda County,
Nevada, of our ability to make any required payments in regards to the
claims and option agreement as they become due.
Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others,
the inherent uncertainties associated with mineral exploration and
difficulties associated with obtaining financing on acceptable terms. We
are not in control of lithium prices and these could vary to make
development uneconomic. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual results
could differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no assurance
that such beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth herein
and should also refer to the risk factors disclosure outlined in our most
recent annual report for our last fiscal year, our quarterly reports, and
other periodic reports filed from time-to-time with the Securities and
Exchange Commission.
For Additional Information, Contact:
Stephen Cook
Vice President/Investor Relations
Tel: 877-717-2656
E-mail: info@americanlithium.com
Web: www.americanlithium.com
Copyright 2009, Market Wire, All rights reserved.
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