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SISM Research To Initiate Independent Research Coverage On AmeriLithium


Published on 2010-05-12 06:17:32 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--(Investrend Research Syndicate) -- SISM Research, a private investment research firm, has undertaken research coverage on emerging, Nevada-based lithium exploration company, AmeriLithium Corp. (OTCBB: AMEL). Ernest C. Schlotter, a senior analyst with SISM Research, and a four star analyst according to StarMine, will oversee and author the coverage report on AmeriLithium, which will includes a stock target valuation and the basis/rationale for that valuation. The full report will also include important disclosures, disclaimers and analyst information, and be available for download on both the SISM Research and Investrend website, once released.

About SISM Research:

SISM Research ([ http://www.sism.com ]) is a private investment research firm, based in Zurich, Switzerland, offering independent, fundamental research on public companies since 1995. SISM Research publishes research on micro- to small-cap companies trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage platforms are geared toward institutional and individual investors in both North America and in Europe. SISM Research, as a member-provider of the FIRST Research Consortium ([ http://www.investrend.com/FIRST ]), takes steps to ensure the independence and integrity of SISMa™s published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting aStandards for Independent Research Providersa, which are also in accordance with guidance set forth by U.S. Securities and Exchange Commissiona™s Advisory Committee on Smaller Public Companies.

About The Investrend Research Syndicate:

The Investrend Research Syndicate ([ http://www.investrend.com/research/syndicate ]), a proprietary entity of Investrend Communications, Inc., distributes reports published by sources dedicated to unbiased, reliable analytics and complete transparency. The primary measure for determining those sources is the aStandards for Independent Research Providersa ([ http://www.investrend.com/FIRST/standards ]).

About AmeriLithium Corp.:

AmeriLithium is a publicly-traded mining company committed to progressively developing into one of the leading American players in the global Lithium industry. The Company is headquartered in Lake Tahoe, NV. AmeriLithium has amassed a Lithium portfolio consisting of ~724,000 acres, including three Nevada-based projects nearby the only Lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia. Recent news from the Company included a May 5, 2010 press release announcing AmeriLithium received its second draw down from its $10 million finance agreement on April 29, 2010 to accelerate the Companya™s ongoing US exploration program on its Paymaster Project in Nevada. More information is available via the companya™s website (at [ http://www.amerilithium.com ]).

Disclosures:

AmeriLithium Corp. has retained and paid SISM Research Five Thousand US dollars to initiate coverage of AmeriLithium Corp. for a two year period, and AmeriLithium Corp. is under contract to pay SISM Research an ongoing fee of one thousand eight hundred and fifty US dollars per month over that two year period to ensure continuation of SISMa™s independent coverage of AmeriLithium Corp.

SISM has paid Investrend Communications, Inc. (aInvestrenda) a portion of SISM's collected fees from AmeriLithium Corp. for a adistribution and visibilitya program, provided by the Investrend Research Syndicate (Div., Investrend) in support of SISM's AmeriLithium Corp. coverage.

aSafe Harbora Statement:

This announcement contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of AmeriLithium Corp. to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and AmeriLithium Corp. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.

Disclaimer:

The OTC Bulletin Board Exchange has neither approved nor accepts responsibility for the adequacy or accuracy of the above news release.

(Source for SISM Research description: SISM Research, Inc.)
(Source for AmeriLithium Corp. description: AmeriLithium Corp.)
(Source for Investrend description: Investrend Communications, Inc.)

Contributing Sources