RENO, NEVADA--(Marketwired - Sept. 13, 2013) -Western Lithium USA Corporation (the "Company" or "Western Lithium") (TSX:WLC)(OTCQX:WLCDF) is responding to a request from the Investment Industry Regulatory Organization of Canada (IIROC) on behalf of the Toronto Stock Exchange (TSX) following recent trading activity. The Company is not aware of any circumstances that could reasonably be expected to justify the recent trading activity. The Company continues to pursue ongoing corporate development initiatives and funding opportunities, particularly in relation to the development of its King's Valley Project. However, at this time none of these initiatives and opportunities have sufficiently advanced to a stage that would warrant public disclosure. The Company's policy is not to comment on rumors or speculation and accordingly, does not intend to comment further.
About Western Lithium
Western Lithium is developing the Kings Valley, Nevada lithium deposit into a strategic, scalable and reliable sources of high quality lithium carbonate. The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of hybrid/electric vehicles.
The TSX has neither approved nor disapproved of the contents of this press release. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.
Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to: the company's ability to sell an acceptable or premium product to the lithium market and to produce a high purity and high quality lithium product for use in multiple types of lithium ion battery chemistries. When used in this document, the words such as "plan," "estimate," "expect," "intend," "may," "likely" and similar expressions are forward-looking statements. Although the company believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" in the company's Annual Information Form for the year ended September 30, 2011 which is available at www.sedar.com.