NOA Lithium Announces Additional Warrant Exercises For $1.3 Million
NOA Lithium Announces Additional Warrant Exercises For $1.3 Million
April 1, 2024, Buenos Aires, Argentina – NOA Lithium Brines Inc. (TSX-V: NOAL / FSE: N7N)
(“NOA” or the “Company”) announces that further to its November 1, 2023 and November 3, 2023
Press Releases disclosing certain warrant exercise s, the Company is pleased to announce that
certain directors, officers and founding shareholders of the Company that hold common share
purchase warrants exercisable at $0.20 per common share of the Company (the “Warrants”) have
exercised 6,795,250 Warrants to provide the Company with $1,359,050 in cash to continue the
progress and development of the Company and for general corporate working capital (the “Warrant
Exercise”).
Management and existing founding shareholder participation in the Warrant Exercise is indicative of
their continued commitment and endorsement of the Company.
NOA’s Chief Executive Officer, Gabriel Rubacha, states: “We are convinced Rio Grande is a robust
project to be developed. The recently published resource estimate is a good indication of the
potential and we believe our continued development will unlock additional value to the project. The
capital commitment made by directors, founding shareholders and management, is a good indication
of our confidence in the upside potential of the project and the Company”
About NOA Lithium Brines Inc.
NOA is a lithium exploration and development company formed to acquire and develop assets with
significant resource potential. All NOA’s projects are in the heart of the prolific Lithium Triangle, in
the mining-friendly province of Salta, Argentina, near a multitude of projects and operations owned
by industry leaders. NOA has rapidly consolidated one of the largest lithium brine claim portfolios in
this region that is not owned by a producing company, with key positions on three prospective salars
(Rio Grande, Arizaro, Salinas Grandes) and a total portfolio of approximately 100,000 hectares.
On Behalf of the Board of Directors,
Gabriel Rubacha
Chief Executive Officer and Director
For Further Information
Website: www.noalithium.com
Email: [email protected]
Telephone: +54-9-11-5060-4709
NEWS RELEASE
Alternative Telephone: +1-403-571-8013
Cautionary Note Regarding Forward-Looking Statements
This news release may include forward -looking statements that are subject to inherent risks and uncertainties. All
statements within this news release, other than statements of historical fact, are to be considered forward looking
statements. Forward -looking statements including, but not limited to NOA’s future plans and objectives regarding its
projects, which constitute forward looking information that involve various risks and uncertainties. Although NOA believes
the expectations expressed in such forwar d-looking statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results or developments may differ materially from those described in
forward-looking statements. Factors that could cause actual results to differ materially from those described in forward -
looking statements include fluctuations in market prices, including metal prices, continued availability of capital and
financing, and general economic, market or business conditions. There can b e no assurances that such statements will
prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. NOA does not
assume any obligation to update any forward-looking statements except as required under applicable laws.
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.