Argentina Lithium Announces 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 (FSE): OAY1
www.argentinalithium.com [email protected] OTCQB Venture Market (OTC): PNXLF
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NEWS RELEASE – December 6, 2019
Argentina Lithium Announces Non-Brokered Private Placement
Vancouver, BC / CNW / December 6, 2019 / Argentina Lithium & Energy Corp . (TSX-V: LIT, FSE:
OAY1, OTC: PNXLF), (“Argentina Lithium” or the “Company”) is pleased to announce a non-brokered
private placement financing of up to 13 ,500,000 units at a price of $0. 05 per unit for gross proceeds of
$675,000.
Each unit will consist of one common share and one transferrable common share purchase warrant. Each
warrant will entitle the holder thereof to purchase one additional common share in the capital of the
Company at $0.10 per share for two years from the date of issue.
This financing is subject to regulatory approval and all securities to be issued pursuant to the fina ncing are
subject to a four -month hold period under applicable Canadian securities laws. Directors, officers and
employees of the Company may participate in a portion of the financing. A commission may be paid on a
portion of the financing. The proceeds of the financing will be used for general working capital.
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 globa l 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 the best lithium properties in the world
renowned “Lithium Trian gle”. 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”
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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]
News Release December 6, 2019
Argentina Lithium & Energy Corp. Page 2
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.