American Lithium Corp. (TSXV:LI) signed an agreement to acquire Extinction Ridge Vanadium Project of Alaska Nevada Mining for $0.17 million on January 21, 2019. Pursuant to the agreement, American Lithium will pay $0.1 million and will issue its 0.25 million common shares. The claims in Extinction Ridge Vanadium project are subject to a 2% gross royalty with a 1% buyback for $1 million. The transaction is subject to regulatory approval.