American Lithium Adds to Management Team, Board of Directors
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American Lithium Corp. has made several additions and changes to its management and board.
Effective immediately, Karl Kottmeier will join the board and assume the role of president and chief executive officer and Douglas Ford will join the board and assume the role of chief financial officer. Michael Kobler will transition to executive chair, and chief operations officer. Kottmeier and Ford bring with them their Pacific Equity Management (PEM) team who will also provide a number of support positions.
“I am really pleased to welcome Karl and Doug, and the whole PEM Group. Their addition to the American Lithium team will round out management. PEM Group has a great deal of experience in all facets of corporate management and their professionalism and ability will allow me to focus on the technical execution of our projects,” said Mike Kober, American Lithium’s president.
Karl Kottmeier is the former president and chief executive officer of Rockgate Capital Corp., which was acquired in 2013 by Denison Mines. A former investment advisor and member of several brokerage firm corporate finance teams, Kottmeier has more than 20 years of practical experience in listing, financing and administering junior exploration and development companies listed on the TSX and TSX Venture Exchanges. He holds a bachelor of arts degree from the University of British Columbia.
“I am excited to bring our group together with the American Lithium team. I think the team of technical experts and the high quality and district scale projects in the portfolio make this company one of the most compelling lithium investment opportunities in the market today,” said Kottmeier.
Douglas Ford is the former chief financial officer and director of Rockgate Capital Corp. He has been the general manager of Dockside Capital Group Inc. a private merchant banking and venture capital firm from 1987 to the present. He has been a director and officer of a number of public companies over the past 20 years and he holds a bachelor of arts degree from the University of British Columbia.
In connection with the appointments of Kottmeier and Ford, each of Peter Born (director), Anita Algie (director and president) and Richard Ko (chief financial officer) have resigned their positions with the company.
About American Lithium
American Lithium Corp. is actively engaged in the acquisition, exploration and development of lithium deposits within mining-friendly jurisdictions throughout the Americas. American Lithium holds options to acquire Nevada lithium brine claims totaling 22,332 acres (9,038 ha), including 18,552 contiguous acres (7,508 ha) in Fish Lake Valley, Esmeralda County; 2,240 acre (907 ha) San Emidio Project in Washoe County; and the 1,540 acre (623 ha) Clayton-Valley-1 Project. The company’s Fish Lake Valley lithium brine properties are located approximately 38 kilometers from Albemarle’s Silver Peak, the largest lithium operation in the U.S.
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