Argentina Lithium Provides Update on Non-Brokered Private Placement

Terminal City Club Tower, Suite 312 - 837 West Hastings Street

Vancouver, BC CANADA V6C 3N6 TSX Venture Exchange (TSX-V): LIT

Tel: 604-687-1828 • Fax: 604-687-1858 • Toll Free: 1-800-901-0058 Frankfurt Stock Exchange (FRA): OAY1 (WKN: A0RK7E)

www.argentinalithium.com [email protected] OTCQB Venture Market (OTC): PNXLF

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NEWS RELEASE – JANUARY 3, 2018

Argentina Lithium Provides Update on

Non-Brokered Private Placement

Vancouver, BC / Globe Newswire / January 3, 2018 / Argentina Lithium & Energy Corp. (TSX-V: LIT,

FSE: OAY1 (WKN: A0RK7E ), OTC: PNXLF) , “Argentina Lithium ” or the “Company”) is pleased to

provide an update with respect to the completion of its private placement (the “Private Placement”). This

Private Placement was announced November 21, 2017 and completion of the 1st Tranche was announced

on December 21, 2017. The Company anticipates closing the 2 nd and final Tranche during the week of

January 15, 2018.

The proceeds of the financing will be used for exploration programs on the Company’s projects in Argentina

and for general working capital.

This financing is subject to regulatory approval and all securities to be issued pursuant to the financing are

subject to a four-month hold period from the date of issue.

ON BEHALF OF THE BOARD

“Nikolaos Cacos”

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Nikolaos Cacos, President, CEO and Director

For further information please contact:

Corporate Communications

Tel: 1-604-687-1828

Toll-Free: 1-800-901-0058

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts

responsibility for the adequacy or accuracy of this release.