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American Lithium Corp. Faces Nasdaq Compliance Challenge
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American Lithium Corp. Faces Nasdaq Compliance Challenge

American Lithium Corp. (TSE:LI) has released an update.

American Lithium Corp. has been alerted by Nasdaq for not meeting the minimum share bid price, but this does not affect its current trading on the exchange. The company has until September 4, 2024, to comply with the bid price rule or potentially receive an extension. Additionally, the company has terminated its marketing agreement with New Era Publishing, which was not in line with TSX Venture Exchange policies.

For further insights into TSE:LI stock, check out TipRanks’ Stock Analysis page.

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