SCHEDULE 13G/A: Global X Management Discloses 5.85% Stake in American Lithium Corp.

Global X Management Company LLC has filed an amended Schedule 13G, reporting a 5.85% beneficial ownership stake in American Lithium Corp. as of March 31, 2025.

Summary

• Global X Management Company LLC (GXMC), a Delaware-based investment adviser, has filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in American Lithium Corp.
• As of March 31, 2025, GXMC beneficially owns an aggregate of 12,735,190 common shares of American Lithium Corp.
• This ownership represents 5.85% of the total class of common shares outstanding.
• GXMC holds sole voting power and sole dispositive power over all 12,735,190 shares.
• The shares are held by the Global X Uranium ETF, for which GXMC serves as the investment adviser.
• GXMC explicitly disclaims the right to receive dividends or proceeds from the sale of these securities.
• The acquisition of these shares was made in the ordinary course of business and not for the purpose of changing or influencing control of American Lithium Corp.

Sentiment

Score: 5

Explanation: This is a factual regulatory filing disclosing beneficial ownership, with no inherent positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Management Comments

• Ryan O'Connor, Chief Executive Officer of Global X Management CO LLC, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing indicates a significant institutional investment in American Lithium Corp., a company operating in the lithium sector, by an investment adviser to an ETF primarily focused on the uranium industry. This suggests a diversified investment strategy by the fund, potentially recognizing the growing importance of lithium in the broader energy transition and electric vehicle markets, which often intersect with themes like clean energy and critical minerals.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, offering insight into the ownership structure.

Key Dates

Keywords

American Lithium Corp., Global X Management Company LLC, Schedule 13G, beneficial ownership, common shares, investment adviser, Global X Uranium ETF, lithium, mining