Feb 9 (Reuters) - American Lithium Corp LI.V :
* AMERICAN LITHIUM REACHES AGREEMENT TO ACQUIRE PLATEAU ENERGY METALS AND CONSOLIDATE DEVELOPMENT-STAGE LITHIUM ASSETS
* AMERICAN LITHIUM - EXPECTED THAT PLATEAU SHAREHOLDERS WILL HOLD ABOUT 21% OF CO'S SHARES ON OUTSTANDING UNDILUTED BASIS UPON COMPLETION
* AMERICAN LITHIUM CORP - UPON CLOSING OF TRANSACTION, PLATEAU WILL NOMINATE TWO DIRECTORS TO JOIN A NEWLY RECONSTITUTED BOARD OF AMERICAN LITHIUM
* AMERICAN LITHIUM -AGREED TO ACQUIRE ALL OF ISSUED AND OUTSTANDING COMMON SHARES OF PLATEAU ON BASIS OF 0.29 UNITS OF CO FOR EACH SHARE OF PLATEAU HELD