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    American Lithium Minerals Closes $500,000 Private Placement

    Investing News Network
    Apr. 08, 2011 07:39PM PST
    Battery Metals

    American Lithium Minerals Inc. (OTC:AMLM) agrees to a private placement investment in the amount of up to $500,000.

    American Lithium Minerals Inc. (OTC:AMLM) agrees to a private placement investment in the amount of up to $500,000.

    The press release is quoted as saying:

    The investment comes in the form of a secured promissory note that is convertible into 1,851,851 common shares and bears interest at a rate of 4% annually.

    Click here to access the entire press release

    otc:amlmprivate placement
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