Alpha Lithium Corporation (NEOE:ALLI) provided an update on its ongoing strategic review process, which continues with active discussions with multiple, multinational parties. Brad Nichol, President & CEO of Alpha, commented, 'Our Strategic Review Process continues, and Alpha is well-positioned with our unique and highly attractive assets. We are engaged in ongoing and active discussions with multiple parties and are focused on producing meaningful value for our shareholders.'

Nichol continued, 'Even with conservative estimates, Alpha's Tolillar project continues to be a significant lithium carbonate project with exceptional and increasing potential. Today's filing of PEA 2 details the CAD 2.3 billion NPV potential of the Tolillar project, and we look forward to realizing that value to the benefit of our shareholders'.