Globenewswire·2025-12-16 12:00Core Viewpoint - American Lithium Corp. is initiating the spin-out of its Macusani Uranium Project into an independent public company, following the resolution of legal matters, to benefit shareholders [1][2]. Group 1: Spin-Out Process - The spin-out of the Macusani project is now possible as all legal appeals have been exhausted and the mining concessions are fully under the company's control [2][5]. - The spin-out is in the planning stages and will require completion of tax, corporate, and securities structuring work, along with definitive documentation [4]. Group 2: Market Context - The current market conditions, including strong uranium pricing and increasing utility contracting, present an opportune moment for the spin-out, allowing the company to unlock the full value of the Macusani asset [2][3]. - The Macusani project is recognized as one of the largest undeveloped uranium deposits globally, which positions it as a significant asset for the company [3][5]. Group 3: Technical Advancements - In conjunction with the spin-out, the company is advancing technical work at Macusani, including an updated Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA), with results expected in Q1 2026 [3][6]. - Deloitte Mining Technical Advisory and DRA Global Limited have been commissioned to complete the updates, which are well underway [3].