Argentina Lithium Announces Adoption of Advance Notice Provision
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): OAY2 (WKN: A0RK7E)
www.argentinalithium.com [email protected] OTCQB Venture Market (OTC): PNXLF
NEWS RELEASE – May 8, 2018
Argentina Lithium Announces Adoption of Advance Notice Provision
Vancouver, BC / Globe Newswire / May 8, 2018 / Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE:
OAY2 (WKN: A0RK7E), OTC: PNXLF), “Argentina Lithium” or the “Company”) announces that at the
Special and Annual General Meeting held on November 2, 2016, the shareholders approved a special
resolution deleting the existing Articles of the Company in their entirety and replacing them with a new form
of Articles, as described in the Company’s information circular dated September 28, 2016.
The Articles were amended to, among other things, require advance notice to the Company (the “Advance
Notice Provision”) in circumstances where nominations of persons for election to the Board of Directors are
made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant
to the provisions of the Business Corporations Act (British Columbia) (the "Act"); or (ii) a shareholder
proposal made pursuant to the provisions of the Act.
Among other things, the Advance Notice Provision fixes a deadline by which holders of record of common
shares of the Company must submit director nominations to the Company prior to any annual or special
meeting of shareholders and sets forth the information that a shareholder must include in the notice to the
Company for the notice to be in proper written form.
In the case of an annual meeting of shareholders, notice to the Company must be made not less than 30
nor more than 65 days prior to the date of the annual meeting; provided, however, that, in the event that
the annual meeting is to be held on a date that is less than 50 days after the date on which the first public
announcement of the date of the annual meeting was made, notice may be made not later than the close
of business on the 10th day following such public announcement.
In the case of a special meeting of shareholders (which is not also an annual meeting), notice to the
Company must be made not later than the close of busine ss on the 15th day following the day on which
the first public announcement of the date of the special meeting was made.
About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina, and
advancing them towards production in order to meet the growing global demand from the battery sector.
The management group has a long history of success in the resource sector of Argentina, and has
assembled a first rate team of experts to acquire and advance t he best lithium properties in the world
renowned “Lithium Triangle”. The Company is a member of the Grosso Group, a resource management
group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
“Nikolaos Cacos”
_____________________________________
Nikolaos Cacos, President, CEO and Director
News Release May 8, 2018
Argentina Lithium & Energy Corp. Page 2
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.
This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore
involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are
encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future
results. The Company undertakes no obligation to publicly update or revise any forward -looking statements. We advise U.S. investors that
the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral
deposits on adjacent properties are not indicative of mineral deposits on our properties.