Argentina Lithium Appoints New Director and Grants Options

Argentina Lithium Appoints New Director and Grants Options

Argentina Lithium & Energy Corp. (TSXV: LIT ) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") announces that the Company has appointed Martin Burian to its board of directors. Mr. Burian holds ICD.D (Institute of Corporate Directors) and Chartered Professional Accountant designations. He has a 30-year career in investment banking to the mining sector, is currently Managing Director at RCI Capital Group and held similar senior positions at Haywood Securities, Bolder Investment Partners and Canaccord Capital. He is an independent member of several other public company boards. Mr. Burian's early career was with KPMG where he obtained his CPA and CBV designations.

" We are extremely pleased to welcome Martin to Argentina Lithium's board of directors ", said Nikolaos Cacos , President and C.E.O. " His extensive experience in mining investment banking will inject a high level of financial acumen and deal making expertise to the Company's existing broad skill sets. "

The Company further announces that it has granted 300,000 incentive stock options (the " Options ") to directors, officers, employees and consultants of the Company. The Options are set for a period of five years, expiring on January 16, 2028 , and each Option will allow the holder to purchase a common share of the Company at a price of $0.35 . The Options are subject to a 4 month hold period from the date of grant and to TSX Venture Exchange approval.

About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them toward production in order to meet the growing global demand from the battery sector. The management group has a long history of success in the resource sector of Argentina and has assembled a first-rate team of experts to acquire and advance the best lithium properties in the "Lithium Triangle". The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

_______________________________
Nikolaos Cacos , President, CEO and Director

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.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-appoints-new-director-and-grants-options-301721876.html

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/January2023/16/c0197.html

News Provided by Canada Newswire via QuoteMedia

LIT:CA
Argentina Lithium & Energy

Argentina Lithium & Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Argentina Lithium & Energy (TSXV:LIT)

Argentina Lithium & Energy

Discovery in the Lithium Triangle and Strategic Partnership with Global Automaker

Discovery in the Lithium Triangle and Strategic Partnership with Global Automaker Keep Reading...

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Overview

Demand for lithium is expected to reach 3.8 million tons by 2035, driven by increased demand for batteries for electric vehicles (EVs). This renewed focus on lithium is also shining a spotlight on the famed Lithium Triangle, where about 60 percent of the world’s lithium reserves are located. The Lithium Triangle spans portions of Chile, Bolivia and Argentina. With its rich lithium resource base and a stable, mining-friendly regulatory environment, Argentina has the perfect formula to become a leader in lithium production.

Argentina Lithium and Energy (TSXV:LIT,OTC:PNXLF,FWB:OAY3,OTCQX:LILIF) is a mineral exploration company focused on developing a portfolio of highly prospective lithium projects in Argentina. The company is a member of the Grosso Group, a resource management firm that has pioneered exploration in Argentina since 1993.


Argentina Lithium & Energy's projects within the Lithium Triangle

Argentina Lithium has a strong land position and extensive mining track record in Argentina with nearly 67,000 hectares in four key projects located in the Salta and Catamarca provinces. The company’s properties are strategically located next to some of the world’s leading lithium producers and near key infrastructure.

In September 2023, Argentina secured an important strategic investor. Peugeot Citroen Argentina S.A., a subsidiary of global automaker Stellantis, invested US$90 million in Argentina pesos to acquire a 19.9 percent interest in Argentina Lithium’s subsidiary Argentina Litio y Energia S.A. The two companies also negotiated a seven-year offtake agreement, in which Stellantis will buy up to 15,000 tons per year of lithium produced by Argentina Lithium.
SAGA Metals Joins Canadian Chamber of Commerce and Critical Minerals Council

SAGA Metals Joins Canadian Chamber of Commerce and Critical Minerals Council

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQX: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, is pleased to announce that it has joined the Canadian Chamber of Commerce and its Critical Minerals Council. The membership positions... Keep Reading...
SAGA Metals Joins Canadian Chamber of Commerce and Critical Minerals Council

SAGA Metals Joins Canadian Chamber of Commerce and Critical Minerals Council

Saga Metals Corp. (TSXV: SAGA) (OTCQX: SAGMF) (FSE: 20H) ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discoveries, is pleased to announce that it has joined the Canadian Chamber of Commerce and its Critical Minerals Council. The membership positions... Keep Reading...
Saga Metals Completes HQ Drill Program for Planned Metallurgical Pilot Study Associated with PEA / PFS - Level Evaluation at Radar Critical Minerals Project

Saga Metals Completes HQ Drill Program for Planned Metallurgical Pilot Study Associated with PEA / PFS - Level Evaluation at Radar Critical Minerals Project

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQX: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, is pleased to announce the completion of a four-hole, 1,010-metre HQ-diameter diamond drill program at Trapper North on its Radar... Keep Reading...
Saga Metals Completes HQ Drill Program for Planned Metallurgical Pilot Study Associated with PEA / PFS - Level Evaluation at Radar Critical Minerals Project

Saga Metals Completes HQ Drill Program for Planned Metallurgical Pilot Study Associated with PEA / PFS - Level Evaluation at Radar Critical Minerals Project

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQX: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, is pleased to announce the completion of a four-hole, 1,010-metre HQ-diameter diamond drill program at Trapper North on its Radar... Keep Reading...
SAGA Metals Completes HQ Drill Program for Planned Metallurgical Pilot Study Associated with PEA / PFS - Level Evaluation at Radar Critical Minerals Project

SAGA Metals Completes HQ Drill Program for Planned Metallurgical Pilot Study Associated with PEA / PFS - Level Evaluation at Radar Critical Minerals Project

Saga Metals Corp. (TSXV: SAGA) (OTCQX SAGMF) (FSE: 20H) ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discoveries, is pleased to announce the completion of a four-hole, 1,010-metre HQ-diameter diamond drill program at Trapper North on its Radar... Keep Reading...
Mining Industry Veteran Bill Trenaman Joins Spartan Metals Board

Mining Industry Veteran Bill Trenaman Joins Spartan Metals Board

Spartan Metals Corp. (TSXV: W) (OTCQB: SPRMF) (FSE: J03) ("Spartan" or the "Company"), an exploration and development company focused on tungsten and critical minerals in the western United States, is pleased to announce the appointment of Mr. Bill Trenaman as an independent non-executive... Keep Reading...
Argentina Lithium & Energy

Argentina Lithium & Energy Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Interactive Chart

Latest Press Releases

Related News