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Argentina Lithium Appoints Vice President Corporate Development

Management Changes

Argentina Lithium Appoints Vice President Corporate

Development

TSX Venture Exchange: LIT

Frankfurt Stock Exchange:

OAY3

OTCQX Venture Market:

LILIF

VANCOUVER, BC

,

Aug. 9, 2024

/CNW/ -

Argentina Lithium & Energy Corp.

(TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF)

,

("Argentina Lithium"

or the

"Company")

is pleased to announce the appointment of Mr.

Pompeyo Gallardo

as Vice

President Corporate Development of the Company.

Mr. Gallardo has 29 years experience in corporate finance. He is highly skilled in project structuring and project financing, with

emphasis in joint venture transactions, metal streams, royalties, off-takes, metal pre-paids, and other forms of unconventional

debt. Mr. Gallardo has provided CFO and Corporate Development consulting services to several companies in the junior

mining industry in

Canada

, with stress in companies with exposure in Latin American projects. Mr. Gallardo is also a former

Financial Analysist at the Canadian Imperial Bank of Commerce and had held a Senior Credit Risk Management position at

Scotiabank, International Banking. He is also a former CFO and Corporate Finance consultant at Red Cloud Klondike Strike,

now Red Cloud Securities.

Nikolaos Cacos

, President and CEO, commented:

"We are delighted to welcome Pompeyo as VP Corporate Development.

He constitutes a great addition to our team, bringing his vast capital markets and finance experience to our growth plans

execution efforts to move forward Argentina Lithium & Energy to the next level."

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 Company's

recent strategic investment

by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina

Lithium in a unique position to explore, develop and advance its four key projects covering over 67,000 hectares in the Lithium

Triangle of

Argentina

. Management has a long history of success in the resource sector of

Argentina

and has assembled

some of the most prospective 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

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.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/argentina-lithium-appoints-vice-president-corporate-development-302218561.html

SOURCE

Argentina Lithium & Energy Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/August2024/09/c4545.html

%SEDAR: 00019719E

For further information:

For further information, please contact: Corporate Communications, Tel: 1-604-687-1828, Toll-

Free: 1-800-901-0058, Email: [email protected]

CO: Argentina Lithium & Energy Corp.

CNW 07:00e 09-AUG-24