$AMLM American Lithium Minerals, Inc. (OTC: AMLM) Reports Fiscal Q2 2026 Results
https://www.prnewswire.com/news-releases/amer...68952.html
205% Year-Over-Year Increase in Total Assets as Multi-Commodity Critical Minerals Strategy Advances
CARSON CITY, Nev., May 12, 2026 /PRNewswire/ -- American Lithium Minerals, Inc. (OTC: AMLM) ("AMLM" or the "Company"
, an exploration-stage mining company focused on gold, silver, lithium, rare earth elements, and other critical metals, has filed its Quarterly Report for the period ended March 31, 2026. The filing reflects a transformational quarter for the Company, with total assets increasing 205% year-over-year and the addition of gold, silver, copper, and rare earth project interests to the Company's existing Nevada lithium portfolio.
Company Snapshot
Company: American Lithium Minerals, Inc.
Ticker: OTC: AMLM
Headquarters: Carson City, Nevada, United States
Sector: Critical Minerals / Multi-Commodity Mineral Exploration
Commodities: Gold, Silver, Copper, Lithium, Rare Earth Elements
Project Jurisdictions: Nevada (USA), Chile, Tanzania, British Columbia, Yukon and Quebec (Canada), Western Australia
Stage: Pre-revenue exploration
Investor Access: Regulation A+ qualified for non-accredited retail participation
Key Financial Highlights for the Quarter Ended March 31, 2026
Total Assets: Increased 205% to $8,623,212, compared with $2,829,133 as of March 31, 2025. The increase reflects the acquisition of mineral property interests and equity investments during the quarter.
Stockholders' Equity: $7,834,557 as of March 31, 2026, increased from $2,161,366 at March 31, 2025, reflecting the acquisition of mineral properties and equity investments.
Cash Position: The Company ended the quarter with $17,269 in cash, compared with a nominal balance of $(10) as of March 31, 2025. The improvement reflects proceeds from related-party promissory notes and Regulation A+ subscriptions, offset by mineral property option payments and operating expenses.
Net Loss: $135,586, or $0.00 per basic and diluted share, for the three months ended March 31, 2026, compared with net income of $6,128 in the prior-year comparable quarter. The change was driven by higher professional fees ($53,421 vs. $0), increased interest expense ($16,909 vs. $13,764), and higher general and administrative expenses associated with the Company's expanded operations.
Operating Expenses: $118,677 for the quarter, compared with $6,447 in the prior-year period.
Shares Outstanding: 97,487,592 common shares as of March 31, 2026.
The Company continues to operate as a pre-revenue exploration entity while advancing its strategic initiatives. As an exploration-stage company, AMLM reported no operating revenue during the period, consistent with its focus on property evaluation, acquisition, and development across its multi-commodity portfolio.
Management Commentary
Frank Kristan, President and Chief Executive Officer of American Lithium Minerals, Inc., stated:
"This quarter marks a transformational step for American Lithium Minerals. With the addition of gold and silver assets, including our Higginsville project, alongside high-grade rare earth, copper, and polymetallic interests across Chile, British Columbia, Yukon, Quebec, and Western Australia, complementing our existing Nevada lithium portfolio, we are building a diversified critical minerals platform at a time when North American supply chains need it most. Our 10 active project interests give shareholders exposure across five strategic commodities in mining-friendly jurisdictions, positioned to participate in the simultaneous tailwinds of record gold prices, AI-driven copper demand, and the U.S. policy push for rare earth supply chain independence."
Strategic Context
AMLM's second-quarter results occurred against a constructive macro backdrop for critical minerals. Gold reached record price levels during the quarter, copper demand intensified driven by artificial intelligence infrastructure buildout and electrification trends, and U.S. policy focus on rare earth element supply chain sovereignty continued to strengthen at the federal level. The Company's expansion into multi-commodity exposure across four mining-friendly jurisdictions positions AMLM to participate in several of these tailwinds simultaneously rather than depending on any single commodity cycle. Management believes this diversified positioning, combined with the Company's SEC-qualified Regulation A+ offering open to non-accredited retail investors, provides differentiated exposure within the small-capitalization critical minerals segment.
The full quarterly report is available on OTC Markets at https://www.otcmarkets.com/stock/AMLM/disclosure.
https://www.prnewswire.com/news-releases/amer...68952.html
205% Year-Over-Year Increase in Total Assets as Multi-Commodity Critical Minerals Strategy Advances
CARSON CITY, Nev., May 12, 2026 /PRNewswire/ -- American Lithium Minerals, Inc. (OTC: AMLM) ("AMLM" or the "Company"
, an exploration-stage mining company focused on gold, silver, lithium, rare earth elements, and other critical metals, has filed its Quarterly Report for the period ended March 31, 2026. The filing reflects a transformational quarter for the Company, with total assets increasing 205% year-over-year and the addition of gold, silver, copper, and rare earth project interests to the Company's existing Nevada lithium portfolio. Company Snapshot
Company: American Lithium Minerals, Inc.
Ticker: OTC: AMLM
Headquarters: Carson City, Nevada, United States
Sector: Critical Minerals / Multi-Commodity Mineral Exploration
Commodities: Gold, Silver, Copper, Lithium, Rare Earth Elements
Project Jurisdictions: Nevada (USA), Chile, Tanzania, British Columbia, Yukon and Quebec (Canada), Western Australia
Stage: Pre-revenue exploration
Investor Access: Regulation A+ qualified for non-accredited retail participation
Key Financial Highlights for the Quarter Ended March 31, 2026
Total Assets: Increased 205% to $8,623,212, compared with $2,829,133 as of March 31, 2025. The increase reflects the acquisition of mineral property interests and equity investments during the quarter.
Stockholders' Equity: $7,834,557 as of March 31, 2026, increased from $2,161,366 at March 31, 2025, reflecting the acquisition of mineral properties and equity investments.
Cash Position: The Company ended the quarter with $17,269 in cash, compared with a nominal balance of $(10) as of March 31, 2025. The improvement reflects proceeds from related-party promissory notes and Regulation A+ subscriptions, offset by mineral property option payments and operating expenses.
Net Loss: $135,586, or $0.00 per basic and diluted share, for the three months ended March 31, 2026, compared with net income of $6,128 in the prior-year comparable quarter. The change was driven by higher professional fees ($53,421 vs. $0), increased interest expense ($16,909 vs. $13,764), and higher general and administrative expenses associated with the Company's expanded operations.
Operating Expenses: $118,677 for the quarter, compared with $6,447 in the prior-year period.
Shares Outstanding: 97,487,592 common shares as of March 31, 2026.
The Company continues to operate as a pre-revenue exploration entity while advancing its strategic initiatives. As an exploration-stage company, AMLM reported no operating revenue during the period, consistent with its focus on property evaluation, acquisition, and development across its multi-commodity portfolio.
Management Commentary
Frank Kristan, President and Chief Executive Officer of American Lithium Minerals, Inc., stated:
"This quarter marks a transformational step for American Lithium Minerals. With the addition of gold and silver assets, including our Higginsville project, alongside high-grade rare earth, copper, and polymetallic interests across Chile, British Columbia, Yukon, Quebec, and Western Australia, complementing our existing Nevada lithium portfolio, we are building a diversified critical minerals platform at a time when North American supply chains need it most. Our 10 active project interests give shareholders exposure across five strategic commodities in mining-friendly jurisdictions, positioned to participate in the simultaneous tailwinds of record gold prices, AI-driven copper demand, and the U.S. policy push for rare earth supply chain independence."
Strategic Context
AMLM's second-quarter results occurred against a constructive macro backdrop for critical minerals. Gold reached record price levels during the quarter, copper demand intensified driven by artificial intelligence infrastructure buildout and electrification trends, and U.S. policy focus on rare earth element supply chain sovereignty continued to strengthen at the federal level. The Company's expansion into multi-commodity exposure across four mining-friendly jurisdictions positions AMLM to participate in several of these tailwinds simultaneously rather than depending on any single commodity cycle. Management believes this diversified positioning, combined with the Company's SEC-qualified Regulation A+ offering open to non-accredited retail investors, provides differentiated exposure within the small-capitalization critical minerals segment.
The full quarterly report is available on OTC Markets at https://www.otcmarkets.com/stock/AMLM/disclosure.
