Monday, April 12, 2010

StockProfiler.US: Small Cap Companies News: AmeriLithium & Gateway Energy Corporation



LAKE TAHOE, NV, April 12, 2010 -- AmeriLithium (OTCBB: AMEL; "AmeriLithium" or "the Company") is pleased to announce the Company has requested its first draw down from its $10 million finance agreement to commence the Company's exploration program on its Paymaster Project in Nevada.

AmeriLithium closed at $1.24 Monday, trading 862,954 shares.

AmeriLithium Requests First Draw Down on $10 Million Finance Agreement to Commence Exploration

About AmeriLithium

AmeriLithium is a publicly traded (NASD
OTCBB: AMEL), mining company committed to progressively developing into one of the leading American players in the global lithium industry. The Company is headquartered in Lake Tahoe, NV. AmeriLithium has amassed a lithium portfolio consisting of ~710,000 acres, including a Nevada-based project adjacent to the only lithium producing plant in the US, a large project in Alberta, Canada, and a project in Western Australia.

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HOUSTON, April 12, 2010 -- Gateway Energy Corporation (
OTCBB: GNRG) ("Gateway") today urged its stockholders to take no action on the consent solicitation by Frederick M. Pevow, Jr. and his affiliate GEC Holding, LLC (collectively, "Pevow").

Gateway Energy Corporation closed at $0.00 Monday, trading 0 shares.

Gateway Energy Corporation Urges Stockholders to Take No Action on Consent Solicitation

About Gateway Energy

Gateway Energy Corporation owns and operates natural gas gathering, transportation and distribution systems in Texas, Texas state waters and in federal waters of the Gulf of Mexico off the Texas and Louisiana coasts. Gateway gathers offshore wellhead natural gas production and liquid hydrocarbons from producers, and then aggregates this production for processing and transportation to other pipelines. Gateway also transports gas through its onshore systems for non-affiliated shippers and through its affiliated distribution system and makes sales of natural gas to end users.

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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.

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