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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 focused on acquiring lithium projects in Argentina. The Company explores, develops and advances its four key projects covering over 67,000 hectares (ha) in the Lithium Triangle of Argentina. The Company’s 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 ha of granted mineral rights properties in the Incahuasi Salar and basin in Catamarca Province, Argentina. The Antofalla North Project covers about 10,839 ha, including wholly owned and optioned claims. The Rincon West Project includes mining concessions covering over 5000 ha at the Rincon Salar. The Pocitos Salar Project includes over 26,000 ha of properties subject to four option agreements. The Pocitos Salar is located approximately 100 kilometers west of the town of San Antonio de los Cobres.


TSXV:LIT - Post by User

Argentina Lithium & Energy Corp > Argentina Lithium Closes US$90 Million Investment
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Post by Betteryear2on Oct 05, 2023 1:57pm
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Post# 35671516

Argentina Lithium Closes US$90 Million Investment

Argentina Lithium Closes US$90 Million InvestmentVANCOUVER, 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$90 million1 investment in AR$ 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)
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