Pan American Lithium Corp. ("Pan American" or the "Company") (TSX-V: PL.V), a lithium exploration and mineral exploration company with surface brine lake projects in Chile, is pleased to announce that, further to its initial news release dated April 30, 2010, it has filed a National Instrument 43-101 report on SEDAR for an inferred resource estimate for each of its wholly-owned Laguna Brava Project and Laguna Verde Project located in Atacama Region III (the "Reports"). The Reports are authored by John Hiner, L.P. Geo., an independent and Qualified Person under National Instrument 43-101. The Reports have been filed by the Company with applicable regulatory authorities and are accessible on SEDAR at www.sedar.com. Please see the Company's press release dated April 30, 2010 for highlights of the Reports.
On Behalf of the Board,
PAN AMERICAN LITHIUM CORP.
/s/ Andrew Brodkey
Andrew A. Brodkey
President and CEO
This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT: Crescendo Communications, LLC
David K. Waldman
John J. Quirk
(212) 671-1020
panam@crescendo-ir.com