Bullboard - Stock Discussion Forum Argentina Lithium & Energy Corp LILIF

Primary Symbol: V.LIT

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... see more

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TSXV:LIT - Post Discussion

Argentina Lithium & Energy Corp > US$90 Million Investment by Stellantis V.LIT

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Post by Betteryear2 on Sep 27, 2023 7:15pm

US$90 Million Investment by Stellantis V.LIT

VANCOUVER, BC, Sept. 27, 2023 /CNW/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Investment Agreement") on September 26, 2023, for the ARS$ equivalent of a US$90 million1 investment in Argentina Litio y Energia S.A. ("ALE"), by Stellantis (defined below) (the "Transaction"), 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 Announces US$90 Million Investment by Stellantis in ARS$ Equivalent (newswire.ca)

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