Alpha Lithium Corporation. (the 'Corporation or 'Alpha') announced that it has acquired all of the issued and outstanding shares of 1146915 B.C. Ltd., thus completing its assembly of mineral assets located in the heart of the Argentinean 'Lithium Triangle'. PrivCo owns eight lithium exploration claims which, when combined with the claims previously acquired by Alpha from PrivCo, covers approximately 27,477 hectares in Argentina (the 'Claims').

In the transaction, the Corporation acquired all of the outstanding securities of PrivCo in exchange for the issuance of securities of the Corporation (the 'Transaction'). The Corporation, with PrivCo as its wholly owned subsidiary, now plans to pursue the exploration and development of the Claims. On closing of the Transaction Brad Nichol was appointed to the Corporation's Board of Directors, and Nathan Steinke has been appointed as Chief Financial Officer. In connection with Mr. Steinke's appointment, the Corporation accepted the resignation of Mr. Chris Cooper, who will continue to serve the Company as a director.

Mr. Nichol is an international entrepreneur who has served and advised corporations on strategy and finance for over 25 years. Throughout his career he has served as both senior executive and director of several public and private enterprises across the finance and resource sectors. Mr. Steinke is a highly respected financial professional with over 15 years of experience for both public and private companies in the international resource sector.