Argentina Lithium Receives TSXV Approval to Acquire Rincon West and Pocitos Properties in Salta Province
Argentina Lithium Receives TSXV Approval to Acquire Rincon West and
Pocitos Properties in Salta Province
TSX Venture Exchange (TSX-V):
LIT
Frankfurt Stock Exchange (FSE):
OAY3
OTCQB Venture Market (OTC):
PNXLF
VANCOUVER, BC
,
March 16, 2022
/CNW/ -
Argentina Lithium & Energy Corp.
(TSXV: LIT) (FSE: OAY3) (OTC: PNXLF)
, ("Argentina Lithium" or the
"Company")
is pleased to announce that further to its news releases of
September 28, 2021
and
October 14, 2021
, the Company has received TSX Venture
Exchange ("
TSXV
") approval of the Definitive Agreement (the "
Agreement
") with the vendors. The terms of the Agreement remain the same as were disclosed in
the
September 28, 2021
news release. For added clarity, any future share issuances will be issued at a deemed price per share equal to the greater of a volume-
weighted average price calculation and
CDN$0.218
per shares.
"Now that we've received TSXV approval, we can begin our exploration and drilling program. These properties hold exceptional lithium discovery
potential
,"
stated
Nikolaos Cacos
, President and C.E.O.
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.
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SOURCE
Argentina Lithium & Energy Corp.
View original content to download multimedia:
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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 16-MAR-22