AmeriLithium Is Pleased to Announce a Target Price of $5.10 From SISM Research’s Independent Coverage

AmeriLithium Corp. (OTC Bulletin Board: AMEL) reported that Ernest C. Schlotter, a senior analyst with SISM Research and a four star analyst according to StarMine, has released coverage on AmeriLithium Corp., (OTCBB: AMEL), an emerging Lithium Exploration company, in a 10-page report dated May 18, 2010. SISM set an 18-24 month target price of $5.10 supported by the DCF valuation.

The press release is quoted as saying:

Nevada-based AmeriLithium Corporation (OTCBB: AMEL) is a junior exploration company seeking to develop lithium properties in North America and internationally. Through its aggressive acquisition and exploration strategy and in a very short period of time, AmeriLithium has acquired ~724,000 acres of leaseholds and is one of the largest leasehold of all pure lithium players worldwide and has established the foundation for an aggressive exploration and development program.

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