Advantage Lithium Corp. announced that, further to the company's news release of June 20th, 2016, the company has completed its acquisition of an option to acquire an interest of up to 70% in three Nevada lithium projects, 50% in two Nevada lithium projects and 100% of certain water rights in the Clayton Valley from Nevada Sunrise Gold Corporation. Concurrently with the closing of the acquisition, directors Marc Cernovitch and Craig Taylor resigned as directors and Mr. Cernovitch resigned as CEO and CFO.

Mr. Dev Randhawa was appointed as a director and Interim CEO and Mr. Nick DeMare was appointed as CFO and Corporate Secretary.