Lithium

/NOT FOR DISTRIBUTION TO THE UNITED STATES /

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market (OTC): PNXLF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") announces that it has closed the private placement announced on July 21, 2022 and increased on August 9 and August 11, 2022 through the issuance of 10,415,000 Units in this 2 nd and final tranche (the "Final Tranche") for aggregate gross proceeds to the Company of $2,083,000 . In total, the Company has closed on 16,630,000 Units for aggregate gross proceeds of $3,326,000 . The Company has also closed the acquisition of the Rinconcita II mining concession area ("Rinconcita II") located on the Salar de Rincon in Salta Province Argentina from provincially-owned company Recursos Energéticos y Mineros Salta S.A. ("REMSA"), as previously announced by the Company on July 21, 2022 .

Argentina Lithium & Energy Logo (CNW Group/Argentina Lithium & Energy Corp.)

Each Unit consists of one common share and one transferrable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.38 per share for two years from the date of issue, expiring on August 25, 2024 for this Final Tranche.

No Finder's Fees were paid in the Final Tranche. In total, $36,260 were paid in cash on a portion of the private placement to parties at arm's length to the Company. In addition, 181,300 non-transferable finder's warrants were issued (the "Finder's Warrants"). Each Finder's Warrant entitles a finder to purchase one common share at a price of $0.38 per share for two years from the date of issue, expiring on August 25, 2024 .

There were no insiders who participated in the Final Tranche, however, certain insiders of the Company participated in the Private Placement for $20,000 in Units. Such participation represents a related-party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101 "), but the transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the subject matter of the transaction, nor the consideration paid, exceed 25% of the Company's market capitalization.

A new Control Person on a diluted basis was created in this tranche. This individual has agreed that he will not exercise any of the Warrants if such exercise will result in his beneficially owning or having control or direction over that number of voting securities of the Company which is 20% or greater of the total issued and outstanding voting securities of the Company, immediately after giving effect to such exercise, or result in the undersigned becoming a "Control Person" as defined in the policies of the TSX Venture Exchange (the "Exchange").

This financing is subject to regulatory approval and all securities to be issued pursuant to this Final Tranche of the financing are subject to a four-month hold period expiring on December 27, 2022 .

The proceeds of the financing were used, in part, to complete the acquisition of Rinconcita II from REMSA. The balance of the proceeds will be used for general working capital and exploration on its properties in Argentina . In consideration for the acquisition of Rinconcita II, the Company made a payment to REMSA of USD$2,500,000 and granted REMSA a 3% net smelter return of mineral and refined products sourced from Rinconcita II over its production life, if the property advances to the production stage. The Company's acquisition of Rinconcita II is subject to the final acceptance of the Exchange which should be available upon filing of a signed copy of the agreement with the Exchange.

About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards 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 world renowned "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.

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States .

Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur and include statements regarding regulatory acceptance of the Company's private placement and acquisition of Rinconcita II and statements regarding the Company's proposed use of proceeds of the private placement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/25/c1611.html

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LIT:CA
Argentina Lithium & Energy

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Argentina Lithium Increases Non-Brokered Private Placement

Argentina Lithium Increases Non-Brokered Private Placement

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market (OTC): PNXLF

/NOT FOR DISTRIBUTION TO THE UNITED STATES /

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Argentina Lithium Discovers Positive Lithium Results in Initial Drilling at Rincon West

Argentina Lithium Discovers Positive Lithium Results in Initial Drilling at Rincon West

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") announces the completion of the first exploration diamond drill hole at its Rincon West Project in Salta Province Argentina and reports positive lithium analyses from brine samples collected over a 70 metre thick permeable interval with lithium grades ranging from 225 to 380 mglitre. The Rincon West project covers 2,470 hectares of the salar basin, located west of the adjacent Rincon Project owned by Rio Tinto. Five exploration holes are initially planned to test prospective brine targets identified with geophysics (see May 2, 2022 News Release).

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Argentina Lithium Commences Exploration Drilling at Rincon West

Argentina Lithium Commences Exploration Drilling at Rincon West

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") announces the commencement of exploration drilling at its Rincon West lithium project in Salta Province Argentina . Five exploration holes are initially planned to test multiple prospective brine targets identified from the geophysical survey data announced in the News Release dated May 2, 2022 . This drill program is expected to require four months to complete.

Argentina Lithium & Energy Logo (CNW Group/Argentina Lithium & Energy Corp.)

The Rincon West project covers 2470 hectares of the salar basin, located west of the adjacent Rincon Project owned by Rio Tinto. Previously announced geophysics results delineated highly conductive units consistent with concentrated brine aquifers over 64% of the property area. On May 27 , the first of five exploration holes was initiated to test the geophysical targets. Two thousand metres of diamond drilling is budgeted for this initial campaign. The Company's drilling permit allows up to nine exploration holes, thus the scope of the program may be expanded based on results.

"The Rincon West project has never been drilled though it is highly prospective. In this initial campaign, we are looking for high lithium grades and horizons that can produce high flow rates for a potential future production operation. The initial exploration holes have been located on the geophysics traverses in order to allow extrapolation of drill results more broadly across the geophysics coverage. Since the geophysics produced multiple exceptional targets, we hope to produce positive results early in this program." stated Miles Rideout , V.P. of Exploration.

The drilling contract has been awarded to AGV Falcon S.R.L, an experienced drilling contractor with offices in Salta Province , Argentina . Brine samples will be analyzed by Alex Stewart Assayers Argentina S.A., a subsidiary of Alex Stewart International. The quality of sample analytical results will be assessed with a protocol of blank, duplicate and control samples to be included in each sample suite.

Argentina Lithium has an option to earn a 100% interest in the Rincon West project, as described in the Company's September 28, 2021 News Release.

Qualified Person

David Terry , Ph.D., P.Geo. is the Company's Qualified Person as defined in National Instrument 43-101. Dr. Terry is responsible for oversight of the Company's early-stage exploration at the Rincon West property.  The disclosure in this news release has been reviewed and approved by Dr. Terry.

About Argentina Lithium

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards 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 world renowned "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.

This news release may contain forward-looking statements.  Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-commences-exploration-drilling-at-rincon-west-301557529.html

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/31/c5202.html

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Argentina Lithium Geophysics Delineates Potential Extent of Conductive Brine Aquifers at Rincon West

Argentina Lithium Geophysics Delineates Potential Extent of Conductive Brine Aquifers at Rincon West

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market (OTC): PNXLF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") announces the completion of geophysical surveys at its Rincon West lithium project in Salta Province Argentina . The results of these deep-seeking geophysical studies expand the potential extent of conductive brine aquifers at the project and will be used to target drilling at the property, due to begin in May 2022 .

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Argentina Lithium Appoints PI Financial as Market Maker

Argentina Lithium Appoints PI Financial as Market Maker

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market (OTC): PNXLF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it has retained PI Financial Corp. (" PI ") to provide market making services in accordance with TSX Venture Exchange policies.

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Giyani Announces Results of Life Cycle Assessment Study for the K.Hill Battery Manganese Project

Giyani Announces Results of Life Cycle Assessment Study for the K.Hill Battery Manganese Project

Not for distribution to U.S. newswire services or for dissemination in the United States

Giyani Metals Corp. (TSXV: EMM, GR: A2DUU8) (" Giyani " or the " Company "), developer of the K.Hill battery grade manganese project in Botswana (" K.Hill Battery Manganese Project " or " K.Hill "), is pleased to announce the results of a life cycle assessment (" LCA ") prepared by Minviro Limited (" Minviro ") based on the feasibility study for K.Hill (" FS ").

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ACME Lithium to Participate in the Conference on Mining and Its Role in EV Demand Presented by Maxim Group LLC and Hosted by M-Vest on Tuesday, October 4th

ACME Lithium to Participate in the Conference on Mining and Its Role in EV Demand Presented by Maxim Group LLC and Hosted by M-Vest on Tuesday, October 4th

ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME"), announced today that Company CEO, Stephen Hanson has been invited to present at the Conference on Mining and its Role in EV Demand, presented by Maxim Group LLC and hosted by M-Vest, on Tuesday, October 4th at 11 A.M. EDT.

Tate Sullivan, Industrials Research Analyst at Maxim Group, will host panel discussions with mining companies to discuss global supply trends of various materials that industrial companies need to buy in order to satisfy future demand for batteries and electric vehicles. Panels will discuss mining developments in the U.S. for lithium, nickel, and other mineral resources. Executives from mining companies will provide different perspectives on the long-term outlook for demand from battery and electric vehicle customers.

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Forward Water Technologies to Exhibit at WEFTEC Water Quality Event 2022

Forward Water Technologies to Exhibit at WEFTEC Water Quality Event 2022

Forward Water Technologies Corp. ("Forward Water" or the "Company") (TSXV:FWTC) announces that Mr. Grant Thornley, Vice-President of Engineering Sales as well as Alessandra Rodriguez, Research Engineer will be exhibiting live at WEFTEC in New Orleans from October 8 to October 12, 2022

Date: October 8 - October 12, 2022

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SPEY RESOURCES CORP. TO ACQUIRE LITHIUM ENERGY METAL CORPORATION

SPEY RESOURCES CORP. TO ACQUIRE LITHIUM ENERGY METAL CORPORATION

Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey" or the "Company") is pleased to announce that it has entered into an agreement (the " Agreement ") to acquire all of the shares of Lithium Energy Metal Corporation (" LEM "), which owns the following four (4) projects in the James Bay Region of Quebec:

  • The 454 Block Project - consists of 10 contiguous claims (513 hectares). The claims occur within the Archean Langelier Complex, which are the oldest rocks in the Le Grand sub-province of the regional Superior Province, and comprise foliated tonalite with hornlende-biotite magnetite.

  • The West Lac Corvette Project - consists of 10 contiguous claims (513 hectares). The claims cover Mesoarchean rocks of the Rouget Formation, derived from basalts as well as Neoarchean Marbot Formation wackes (with injections of granite), and southern margin of the Mesoarchean tonalite pluton (post de Le Moyne).

  • The Trieste Project - consists of two separate contiguous blocks totaling 50 claims and covering 2,575 hectares (618 hectares north, and 1,957 hectares south), with mylonite and amphibolite rocks of the Mesoarchean Trieste Formation that were derived from basalts.

  • Salomon Project – 100 claims in two separate continuous blocks, covering 5,155 hectares. The project includes Mesoarchean mylonites and amphibolites, as well as younger Neoarchean metamorphic wackes and arkoses.

On and subject to the conditions set forth in the Agreement, in consideration for the Acquisition, the Company will issue an aggregate of 8,900,000 common shares to the shareholders of LEM (collectively).

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Avalon Enters into Off-take Agreement for Petalite Concentrates from Major International Glass-Ceramics Manufacturer

Avalon Enters into Off-take Agreement for Petalite Concentrates from Major International Glass-Ceramics Manufacturer

Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has secured a firm commitment to purchase petalite concentrates produced at the Company's Separation Rapids Lithium Project north of Kenora, Ontario. The off-take agreement is for a multiple number of years with a major non-Chinese international glass ceramic manufacturer. The agreement is subject to a number of conditions precedent, including the delivery and acceptance of a larger commercial sample of the petalite product. The customer has agreed to initially pay the current market price for the petalite product for at least the first year after commercial shipment commences. There is now considerable interest from other major glass ceramic manufacturers in Europe and Asia as there is presently a global shortage of petalite supply after China took control of the traditional petalite supply sources in Zimbabwe.

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Electric Royalties Investor Increases Stake to 15.4% as Positive Cash Flow Comes into Sight

Electric Royalties Investor Increases Stake to 15.4% as Positive Cash Flow Comes into Sight

Stefan Gleason (the "Acquiror"), a private investor, today announced that he is filing another early warning report in connection with his acquisition of an additional 2% in outstanding shares of Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company"), taking his stake in the Company to approximately 15.4

"I am thrilled to continue snatching up steeply undervalued shares of this first-mover battery metals company, especially as its royalty portfolio appears poised to spin off several million dollars in annual cash flow within the next three years," said Gleason. "Management has demonstrated it can ink accretive deals while carefully guarding shareholder interests. Well positioned for today's inflationary environment, Electric Royalties' efficient business model has a bright future."

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