Argentina Lithium Applies to Extend Warrants
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 – SEPTEMBER 10, 2018
Argentina Lithium Applies to Extend Warrants
Vancouver, BC / Globe Newswire / September 10, 2018 / Argentina Lithium & Energy Corp. (TSX-V:
LIT, FSE: OAY2 (WKN: A0RK7E), OTC: PNXLF), “Argentina Lithium” or the “Company”) announces
that the Company has made an application to the TSX Venture Exchange to extend the term of the
outstanding warrants as follows:
9,117,000 warrants that are set to expire on October 26, 2018 to be extended to October 26, 2019.
10,000,000 warrants were originally issued on October 26, 2016 as part of the units issued under
a private placement completed by the Company in October 2016. Subsequent to the issuance,
883,000 warrants were exercised. The warrants are also subject to an accelerator (see text below).
The exercise price of the warrants will remain at $0. 30. Each whole warrant, when exercised, will be
exchangeable for one common share of the Company.
The Warrant exercise period may be accelerated if the volume weighted average price (“VWAP”) f or the
Company’s common shares on the Exchange is $0. 75 or greater for a period of 10 consecutive trading
days, then the Company may deliver a notice (the "Notice") to the Warrant holder notifying such Warrant
holder that the Warrants must be exercised wit hin 20 days from the date of delivery of such Notice,
otherwise the Warrants will expire at 4:30 p.m. (Vancouver time) on the 21 st day after the date of delivery
of the Notice.
The amendment is subject to the approval of the TSX Venture Exchange (“TSXV”).
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 the best lithium properties in the world
renowned “Lithium Triangle”. The Company is a member of the Grosso Group, a resour ce management
group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
“Nikolaos Cacos”
_____________________________________
Nikolaos Cacos, President, CEO and Director
For further information please contact:
Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
News Release September 10, 2018
Argentina Lithium & Energy Corp. Page 2
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.