Vancouver, BC – July 14, 2025: Ameriwest Lithium Inc. (“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0) announces that the Company has granted an aggregate of 1,600,000 stock options (each, a “Stock Option”) to various directors, officers and consultants of the Company in accordance with the provisions of the Company’s stock option plan (the “Plan”). Each Stock Option vests immediately and is exercisable into one common share of the Company (each, a “Share”) at a price of $0.20 per Share until July 14, 2030.
Prior to the grant, the Company did not have any outstanding Stock Options.
In addition, the Company wishes to clarify that, further to its news release dated June 30, 2025, an aggregate of 1,330,000 of the common shares and warrants issued in the Company’s recent private placement are free from statutory and CSE-imposed trading restrictions (not 450,000 as was stated in the original news release). The balance of the 9,006,292 common shares and warrants (being 7,676,292) are subject to a hold period of four months and a day in accordance with applicable Canadian securities laws, and the Company has updated its disclosure with the CSE accordingly.
About Ameriwest Lithium Inc.
Ameriwest is an exploration company focused on identifying and acquiring strategic critical mineral projects for exploration and resource development. The Company is advancing its Thompson Valley lithium clay property in Arizona and is in the process of optioning its Railroad Valley lithium brine property in Nevada to Pure Energy Minerals Ltd. (TSXV: PE). It also has a property in Clayton Valley, Nevada. For more information on the Company, investors should review the Company’s filings available at www.sedarplus.ca.
On Behalf of the Board of Directors
David Watkinson,P.Eng.
Chief Executive Officer
For further information, please contact:
Ameriwest Lithium Inc.
Investor Relations
416 918-6785
The Canadian Securities Exchange has not in any way passed upon the merits of the matters referenced herein and has neither approved nor disapproved the contents of this news release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
