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LIT.V ·

Argentina Lithium Grants Stock Options

Share Capital & Compensation

Argentina Lithium Grants Stock Options

TSX Venture Exchange (TSX-V):

LIT

Frankfurt Stock Exchange (FSE):

OAY3

OTCQB Venture Market (OTC):

PNXLF

VANCOUVER, BC

,

July 12, 2021

/CNW/ -

Argentina Lithium & Energy Corp.

(TSXV: LIT) (FSE:

OAY3) (OTC: PNXLF)

,

("Argentina Lithium" or the "Company")

announces that it has granted

3,175,000 incentive stock options (the "

Options

") to directors, officers, employees and consultants

of the Company. The Options are set for a period of five years, expiring on

July 12, 2026

, and each

Option will allow the holder to purchase a common share of the Company at a price of

$0.20

. The

Options are subject to a 4 month hold period from the date of grant and to TSX Venture Exchange

approval.

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 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-grants-stock-options-301331087.html

SOURCE

Argentina Lithium & Energy Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/July2021/12/c6859.html

%SEDAR: 00019719E

For further information:

Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-

0058, Email: [email protected]

CO: Argentina Lithium & Energy Corp.

CNW 07:00e 12-JUL-21