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| | Business Summary: American Lithium Minerals Inc., an exploration stage company, engages in the acquisition and exploration of mining properties, principally lithium. It has interests in two mineral properties located in Esmeralda County, Nevada. | | | Address 2850 W. Horizon Ridge Parkway, Suite 200
Henderson
, NV 89052
Phone: 702-430-4789
Fax: 702-430-4501
Website: http://www.americanlithium.com
| | Auditor |
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De Joya Griffith & Company, LLC
| | Transfer Agent |
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Island Stock Transfer
| | ShareHolders: 11000 | Founded: 2005 Domicile: Nevada | | | |
| | American Lithium Minerals Inc., an exploration stage company, engages in the acquisition and exploration of mining properties, principally lithium. It has interests in two mineral properties located in Esmeralda County, Nevada. The company also has interests in three exploration lithium brine projects in Nevada and one lithium brine project in Utah. The company was formerly known as Nugget Resources Inc. and changed its name to American Lithium Minerals Inc. in March 2009. American Lithium Minerals was founded in 2005 and is based in Henderson, Nevada. | | History: INCORPORATED in Nevada Mar. 10, 2005, as Nugget Resources Inc.; name changed to American Lithium Minerals, Inc. Mar. 2, 2009. | | | | | | | | | |
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Management
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| Officers | Position |
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| Patrick Reid | Chairman | | Hugh H. Aird | President & Chief Executive Officer | | Chris Hobbs | Chief Financial Officer | | Matthew Markin | Secretary, Treasurer & Chief Accounting Officer |
| | Directors |
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| Judy Baker | | Tim Casgrain | | William S. Deluce | | Matthew Markin | | Patrick Reid | | | |
| | | | Capitalization as of 09/30/2009: | | | | | Authorized Shares | Outstanding Shares |
|---|
| Common $0.001 par | 75,000,000 | 49,750,000 |
| | | | LONG TERM DEBT: None. | | | | Common $0.001 par | | | |
Stockholders:
12/22/2009,
11000.
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Transfer Agent: Island Stock Transfer
St. Petersburg
, FL | | | | OTC Bulletin Board( Primary): AMLM | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2009 | 2.9900 | 0.3100 |
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| | | | DIVIDENDS: Common $0.001 par: No cash.
Common split 4-for-1, Mar. 20, 2009. | | | | | |
| | Annual Report |
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| | | Income Statement | |
| 2009 | 2008 |
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| EXPENSES |
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| | Rent Expense, Related Party | - | (2,800) | | General and Administrative | (85,042) | (8,484) | | Management Fees, Related Party | (12,000) | (12,000) | | Legal and Accounting | (33,352) | (16,129) | | Stock based Compensation | (65,660) | - | | Interest Income | 993 | - | | Gain on Extinguishment of Accrued Liability | 8,500 | - | | Earnings before Taxes | (186,561) | (39,413) | | TAXES AND OTHER EXPENSES |
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| | Net Income (Loss) | (186,561) | (39,413) |
| | | | Balance Sheet | |
| 2009 | 2008 |
|---|
| CURRENT ASSETS |
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| | Cash and Cash Equivalents | 1,232,712 | 704 | | Total Current Assets | 1,232,712 | 704 | | NON CURRENT ASSETS |
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| | Mineral Claims | 468,655 | - | | Total Assets | 1,701,367 | 704 | | CURRENT LIABILITIES |
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| | Accounts Payable and Accrued Liabilities | 15,355 | 8,500 | | Due to Related Party | 63,877 | 43,668 | | Total Current Liabilities | 79,232 | 52,168 | | SHAREHOLDERS' EQUITY |
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| | Common Stock - Par Value | 49,750 | 48,000 | | Additional Paid in Capital | 874,310 | 15,900 | | Deficit Accumulated during the Development Stage | (301,925) | (115,364) | | Stock Payable | 1,000,000 | - | | Total Shareholders Equity | 1,622,135 | (51,464) | | Total Liabilities & Shareholders Equity | 1,701,367 | 704 |
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| | Interim Report
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| | | Data Not Available | | | | | | | | | |
| | Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
| | Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2009 |
Full Year
| Nil | | 2008 |
Full Year
| Nil |
| | | | | | Quarterly Net Income, US$ |
|---|
| Year | Quarter | Revenue | | 2010 |
1 | Nil | | 2010 |
2 | Nil | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2009 |
4 | Nil | | 2009 |
Full Year
| (190,000) | | 2008 |
Full Year
| (40,000) | | 2007 |
Full Year
| (30,000) | | 2006 |
Full Year
| (40,000) | | 2005 |
Full Year
| (10,000) |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | (.03) | | 2010 |
2 | (.07) | | 2009 |
1 | Nil | | 2009 |
2 | Nil | | 2009 |
3 | Nil | | 2009 |
4 | Nil | | 2009 |
Full Year
| Nil | | 2008 |
1 | Nil | | 2008 |
2 | Nil | | 2008 |
3 | Nil | | 2008 |
4 | Nil | | 2008 |
Full Year
| Nil | | 2007 |
1 | Nil | | 2007 |
2 | Nil | | 2007 |
3 | Nil | | 2007 |
4 | Nil | | 2007 |
Full Year
| Nil | | 2006 |
1 | Nil | | 2006 |
2 | Nil | | 2006 |
3 | Nil | | 2006 |
4 | Nil | | 2006 |
Full Year
| Nil | | 2005 |
4 | Nil | | 2005 |
Full Year
| Nil |
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