Fundamental Research Corporation Begins Coverage of Lithium Chile Inc.
Fundamental Research Corporation Begins Coverage of Lithium Chile Inc.
TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF
CALGARY, ALBERTA, September 20, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”)
announces the initiation of coverage and the first research publication by Fundamental Research
Corporation.
Steve Cochrane, President and CEO of Lithium Chile commented: “ We are delighted to have
research coverage being initiated by Fundamental Research Corporation and welcome their
positive outlook. We see this as an important piece of research which will give our existing
institutional and retail shareholders, and potential shareholders, an excellent overview of Lithium
Chile, its outstanding portfolio of properties and the huge potential of its key properties –
including Arizaro in Argentina and Laguna Blanca in Chile.”
HIGHLIGHTS
Initial and Ongoing Research Coverage by well-respected Research company –
Fundamental Research Corporation
Positive recommendation and outlook for Lithium Chile
Well positioned to capitalize on the 4 fold rise in lithium carbonate prices over the last
8 months
Major production test underway on Arizaro prospect in Argentina
Copy of the Research Report is available here:
https://www.researchfrc.com/company/lithium-chile-inc/
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Or, please copy and paste the below into a new browser
https://www.researchfrc.com/lithium-chile-inc-tsxv-lith-otcqb-ltmcf-substantial-portfolio-in-south-
americas-lithium-triangle-initiating-coverage/
The Company also announces the grant of 400,000 stock options to a director of the Company
(the “Options”) in accordance with the Company's stock option plan. The Options are exercisable
for a period of ten years at $0.47 and will vest as to one third each on the date of grant and the
first and second anniversaries of the grant. The Options are subject to the policies of the TSX
Venture Exchange.
About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 68,800 hectares covering
sections of 10 salars and two laguna complexes in Chile and 23,300 hectares in Argentina.
Lithium Chile also owns 5 properties, totaling 22429 hectares, that are prospective for gold, silver
and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper
property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.
Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-
BB under the symbol “LTMCF”.
To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO
via email: [email protected] or alternately, Jose de Castro Alem, Argentina Manager via email
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN
THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
NOT FOR RELEASE IN THE UNITED STATES OF AMERICA
Fundamental Research Corporation (FRC) Disclaimers and Disclosure
The opinions expressed in this report are the true opinions of the analyst about this company and industry. Any “forward looking
statements” are our best estimates and opinions based upon information that is publicly available and that we believe to be
correct, but we have not independently verified with respect to truth or correctness. There is no guarantee that our forecasts
will materialize. Actual results will likely vary. The analyst and Fundamental Research Corp. “FRC” does not own any shares of
the subject company, does not make a market or offer shares for sale of the subject company, and does not have any investment
banking business with the subject company. Fees were paid by LITH to FRC. The purpose of the fee is to subsidize the high
costs of research and monitoring. FRC takes steps to ensure independence including setting fees in advance and utilizing analysts
who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in
any security under coverage. Our full editorial control of all research, timing of release of the reports, and release of liability for
negative reports are protected contractually. To further ensure independence, LITH has agreed to a minimum coverage term
including an initial report and three updates. Coverage cannot be unilaterally terminated. Distribution procedure: our reports
are distributed first to our web-based subscribers on the date shown on this report then made available to delayed access users
through various other channels for a limited time.
Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of
applicable securities legislation (collectively "forward-looking statements"). Generally, forward-looking information can be
identified by the use of forward-looking terminology such as "expects", "believes", "aims to", "plans to" or "intends to" or
variations of such words and phrases or statements that certain actions, events or results "will" occur.
You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and
assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company
operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable
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terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and
the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The
Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws.
All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.