• American Lithium's management commentary reported a CAD 7.09 million net loss for the six months ended August 31, 2026, versus CAD 943,425.
• Management attributed the deterioration partly to a CAD 2 million increase in share-based compensation tied mainly to the September 2025 incentive grant.
• Investment results weakened as the prior-year CAD 2.81 million initial recognition gain on marketable securities did not recur.
• Exploration and evaluation expenses rose CAD 917,825, reflecting increased project activity, partly offset by lower concession fee payments, according to management.
• Working capital fell to CAD 4.08 million from CAD 9.46 million at February 28, 2026, primarily reflecting reduced cash and short-term investment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Lithium Corp. published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.