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Bullboard - Stock Discussion Forum
Argentina Lithium & Energy Corp.
V.LIT
Alternate Symbol(s):
LILIF
Metals & Mining
Industrial Metals & Minerals
Battery metals
Argentina Lithium & Energy Corp. is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties in the Americas and Argentina. Its projects include Incahuasi Lithium Project, Antofalla North Lithium Project, Rincon West Project and Pocitos Project. The Incahuasi Project includes a 100% interest in over 25,000 hectares of the...
Incahuasi Salar and basin in Catamarca province. The Antofalla North controls approximately 10,050 hectares of mining concessions in the Salar de Antofalla, distributed between the adjacent provinces of Salta and Catamarca. The Company holds a 100% interest in 460.5 hectares and has an option to earn a 100% interest in a further 3,282 hectares of claims located at the Rincon Salar in Salta Province, Argentina. The Company also has an option to earn a 100% interest in approximately 15,857 hectares of claims in 11 contiguous mining concessions located on the west side of the Pocitos Salar.
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TSXV:LIT - Post Discussion
Argentina Lithium & Energy Corp.
> Argentina Lithium Closes US$90 Million Investment
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•••
Betteryear2
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Post by
Betteryear2
on Oct 05, 2023 1:57pm
Argentina Lithium Closes US$90 Million Investment
VANCOUVER, BC
,
Oct. 5, 2023
/CNW/ -
Argentina Lithium & Energy Corp.
(TSXV:
LIT
) (FSE: OAY3) (OTC: PNXLF)
, ("Argentina Lithium" or the "Company")
is pleased to announce closing of the
US$90 million
1
investment in AR$ equivalent in
Argentina
Litio y Energia S.A. ("
ALE
") by Stellantis (defined below) (the "Transaction"), as previously announced in the Company's news release dated
September 27, 2023
. Stellantis is one of the world's leading automakers and mobility providers with iconic brands including Abarth, Alfa Romeo, Chrysler, Citron, Dodge, DS Automobiles, Fiat, Jeep
®
, Lancia, Maserati, Opel, Peugeot, RAM,
Vauxhall
, Free2Move and Leasys.
Argentina Lithium Closes US$90 Million Investment by Stellantis in ARS$ Equivalent (newswire.ca)
(56)
•••
LowMoor
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Comment by
LowMoor
on Oct 05, 2023 2:25pm
Should head towards a dollar now. Cheers!
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