Argentina Lithium Expands Land Position at Salar de Antofalla

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 entered into an option agreement with a local vendor to earn a 100% interest in three granted mine concession properties totalling 5411 hectares in the Salar de Antofalla in Catamarca Province, Argentina (the "Option").

Argentina Lithium's Antofalla North project includes both 100% held and optioned properties (see News Release dated August 4, 2021 ). With this new Option the Company now controls 14,987 hectares of mining leases in the salar, distributed between the adjacent provinces of Salta and Catamarca.

"Our team has identified the Antofalla Salar as one of the most prospective undeveloped lithium brine basins in Argentina , and we are aggressively consolidating our land position in Antofalla North. With these new acquisitions, Argentina Lithium's properties extend from a half kilometre north of Albemarle concessions, towards the north for approximately 27 kilometres. We have begun the permitting process, in order to explore this salt flat with advanced geophysical imaging and drill testing," stated Nikolaos Cacos , President and C.E.O.

Located in the famed Lithium Triangle, the geological environment at the Salar de Antofalla is similar to other salars in the region where lithium and potash are found, and the project is located approximately 25 km west of Argentina's largest lithium producing operation at Salar de Hombre Muerto. The Salar de Antofalla is over 130 km long and varies between 5 km and 10 km in width, with reported basin depths exceeding 500 m .

The southern boundary of the Antofalla North project is situated approximately 500 metres north of properties controlled by global lithium producer Albemarle Inc. Albemarle has stated that it believes the lithium resource on its property has potential to rank amongst the largest in Argentina ¹ . [Investors are cautioned that this information is taken from the publicly available sources, has not been independently verified by the Company and it is not known if this resource conforms to the standards of NI 43-101. Furthermore, proximity to a discovery, mine, or mineral resource, does not indicate that mineralization will occur at the Company's Project, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario.]

There has been no significant historical exploration work on the new optioned properties. The Option provides the Company with coverage to protect its mineral rights in the area of the provincial boundary between Salta and Catamarca and extend its holdings 4.6 km southwards to within 500 metres of Albemarle Corporation's property boundary; a portion of the northern part of the optioned properties may overlap a third party concession in the provincial boundary area.

Option Agreement Details

Terms of the option include cash payments totaling US$2,800,000 over four years, including mandatory commitments totalling US$180,000 in the first twelve months. The option also includes annual exploration expenditure commitments of $500,000 in year one, followed by $1.5M in year two, $2.0M in year 3 and $3.0M in year 4. The vendor retains a 2% Net Smelter Royalty ("NSR") which can be repurchased for US$3M .

Qualified Person

David Terry , Ph.D., P.Geo. is the Company's Qualified Person as defined in National Instrument 43-101. The contents of this news release have 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 "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

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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.

_____________________________

¹ https://www.albemarle.com/news/albemarle-signs-agreement-for-exclusive-exploration-and-acquisition-rights-to-lithium-resource-in-argentina . Accessed 04/22

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SOURCE Argentina Lithium & Energy Corp.

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Argentina Lithium and Energy TSXV:LIT Lithium Investing

LIT:CA

Argentina Lithium Reports it has Exercised Option Agreements on Nearly 25,400 Hectares of Highly Prospective Lithium Properties at its Rincon West, Pocitos and Antofalla North Projects

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQX Venture Market: LILIF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF) ("Argentina Lithium" or the "Company") announces that over the past ten months it has fully exercised three option agreements for 100% interest in, subject to production royalties, 22 optioned properties totalling 25,391 hectares at the Company's Rincon West, Pocitos and Antofalla North Projects.

¨Following the receipt of the investment from Stellantis, we deployed the funds to secure a large portion of our most prospective optioned properties, where we have advanced drilling and geophysics throughout 2024.These acquisitions secure large land packages where our reconnaissance work has validated initial exploration hypotheses." stated Nikolaos Cacos , President and CEO.

Details of Exercised Property Options

The Argentina Lithium news release on August 4, 2021 announced the option to acquire 100% ownership of three mining concessions totaling 5,380.5 hectares at the Antofalla Salar in Salta Province from a group of local vendors ( refer to Map 1 ). The agreed terms stipulated US$ 4,000,000 in payments spaced over 42 months, plus an exploration investment commitment.

In November 2023 , the Company exercised the option by advancing US$ 3,200,000 to complete the remaining payments. At the time of the final exercise payment, the parties agreed that outstanding exploration investment commitments would be waived. A 2% net smelter royalty remains payable to the local vendors from the time the property enters production.

The Argentina Lithium news releases dated September 28 , October 14, 2021 and March 16, 2022 announced the option agreement with a local vendor to acquire 100% ownership of multiple mining concessions in Salta Province including: eleven contiguous properties at Pocitos Salar (Pocitos 200-209 & 211, totalling 15,857.5 ha), and at Rincon Salar, the Villanoveño II property (2370.5 ha) and other properties advancing through the mining claim process including Demasia Villanoveño II (20.5 ha) ( refer to Map 2 and Map 3 ). The total contracted value of the option was US$ 4,200,000 and CA$ 700,000 in Argentina Lithium shares, payable to the vendors over 36 months.

This option was exercised by the Company in November 2023 , by advancing the remaining payment of US$ 2,900,000 to complete the terms of the option agreement, thereby earning 100% title and with no royalties pending to the vendors.

The Argentina Lithium news release on January 10, 2022 announced the option of five mining concession totalling 1,762 hectares at the Pocitos Salar in Salta province (the "Ramos Properties") ( refer to Map 3 ). The option terms stipulated US$ 700,000 in payments to the vendors, spaced over two years.

The Company completed the final US$ 550,000 payment per schedule in January, 2024, thereby satisfying the agreement terms to earn 100% title to the properties. A 1% net smelter royalty remains payable to the local vendors from the time the property enters production

Qualified Person

Frits Reidel , CPG is a Qualified Person as defined in National Instrument 43-101, is the Principal of Atacama Water Consultants, and is independent of Argentina Lithium. Mr. Reidel has reviewed the work carried out by the Company's exploration team at the exploration-stage Rincon West property. The disclosure in this news release has been reviewed and approved by Mr. Reidel.

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 Company's recent strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 67,000 hectares in the Lithium Triangle of Argentina . Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective 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

www.argentinalithium.com

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 contains forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. 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 management of 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. Accordingly, readers should not place undue reliance on the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: 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; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; the state of financial markets in Canada and other jurisdictions; the Company's ability to meet its working capital needs; fluctuations in metal prices; operations in foreign countries and the compliance with foreign laws; environmental regulations or hazards and compliance with regulations associated with mining activities; climate change and climate change regulations; fluctuations in foreign currency exchange rates; failure to obtain or delays in obtaining necessary governmental and regulatory approvals; labour disputes and other risks generally in the mining industry. There may be other factors that cause results or events to not be as anticipated. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's Management's Discussion and Analysis for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

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.

View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-reports-it-has-exercised-option-agreements-on-nearly-25-400-hectares-of-highly-prospective-lithium-properties-at-its-rincon-west-pocitos-and-antofalla-north-projects-302238909.html

SOURCE Argentina Lithium & Energy Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2024/05/c6459.html

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Argentina Lithium Appoints Vice President Corporate Development

TSX Venture Exchange: LIT
Frankfurt Stock Exchange: OAY3
OTCQX Venture Market: LILIF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF) ("Argentina Lithium" or the "Company") is pleased to announce the appointment of Mr. Pompeyo Gallardo as Vice President Corporate Development of the Company.

Mr. Gallardo has 29 years experience in corporate finance. He is highly skilled in project structuring and project financing, with emphasis in joint venture transactions, metal streams, royalties, off-takes, metal pre-paids, and other forms of unconventional debt. Mr. Gallardo has provided CFO and Corporate Development consulting services to several companies in the junior mining industry in Canada , with stress in companies with exposure in Latin American projects. Mr. Gallardo is also a former Financial Analysist at the Canadian Imperial Bank of Commerce and had held a Senior Credit Risk Management position at Scotiabank, International Banking. He is also a former CFO and Corporate Finance consultant at Red Cloud Klondike Strike, now Red Cloud Securities.

Nikolaos Cacos , President and CEO, commented: "We are delighted to welcome Pompeyo as VP Corporate Development. He constitutes a great addition to our team, bringing his vast capital markets and finance experience to our growth plans execution efforts to move forward Argentina Lithium & Energy to the next level."

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 Company's recent strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 67,000 hectares in the Lithium Triangle of Argentina . Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective 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.

View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-appoints-vice-president-corporate-development-302218561.html

SOURCE Argentina Lithium & Energy Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2024/09/c4545.html

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Rio Tinto to Acquire Arcadium for US$6.7 Billion in Major Lithium Push

In a landmark move, Rio Tinto ( ASX:RIO,NYSE:RIO,LSE:RIO) has sealed an all-cash deal to acquire US-based Arcadium Lithium (NYSE:ALTM,ASX:LTM) for US$6.7 billion. If successful, the deal will catapult Rio Tinto to become the third-largest lithium producer worldwide.

Following rumors that both companies were in talks for a possible acquisition, Rio Tinto announced that it is going all-in on the multi-billion sale. The deal, which is expected to close in mid-2025 pending approval by Arcadium's shareholders, values Arcadium at US$5.85 per share, 90 percent higher than its October 4 closing price of US$3.08.

Arcadium was established earlier this year following a US$10.6 billion merger between lithium majors Allkem and Livent, forming a vertically integrated company with global lithium operations spanning hard-rock mining, lithium brine extraction and chemical processing.

The company’s broad resource base, with assets across Argentina, Australia, Canada and the United States, made the acquisition a highly attractive prospect for Rio Tinto, as the purchase now positions the company for strategic growth in the case of an anticipated price rebound.

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Drilling to Commence at Big Bell North Gold Project

- 4,500m drilling program to test priority targets on prospective greenstone-splay faults along strike from major gold deposits in one of Australia’s most prolific gold provinces

Metals Australia Ltd (ASX: MLS) (“Metals Australia” or “the Company”) is pleased to announce that drilling is set to commence to test priority targets identified at the Company’s Big Bell North tenements (EL51/2058 and EL51/2059) in Western Australia’s world-class Murchison Gold Province. The tenements lie within the regional structural corridor which hosts major gold deposits including the Meekatharra and Mt Magnet gold mining centres (Figure 2).

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Grant of Mine Operating Permit

Ewoyaa Lithium Project granted final regulatory approval in the permitting process for the Project

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, “Atlantic Lithium” or the “Company”), the Africa-focused lithium exploration and development company targeting the delivery of Ghana's first lithium mine, is pleased to announce that the Minerals Commission of Ghana has issued a Mine Operating Permit in respect of the Company’s flagship Ewoyaa Lithium Project (“Ewoyaa” or the “Project”).

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Sample Interval (m)			Sample Method	Li	K	Mg	Density
From	To	Thickness	Sample Method	(mg/litre)			(g/ml)
30.5	33.5	3.0	Single packer	280	5439	3986	1.194
42.5	45.5	3.0	Single packer	313	6291	3109	1.209
48.5	51.5	3.0	Single packer	307	6073	3007	1.214
60.5	63.5	3.0	Single packer	299	5893	3723	1.200
66.5	69.5	3.0	Single packer	316	6335	3419	1.205
72.5	75.5	3.0	Single packer	269	5753	2624	1.219
78.5	81.5	3.0	Single packer	294	6110	2647	1.216
36.5	39.5	3.0	Double packer	313	6335	3170	1.208
84.5	87.5	3.0	Single packer	298	6178	2784	1.218
90.5	93.5	3.0	Single packer	296	6158	2729	1.218
102.5	105.5	3.0	Single packer	277	5746	2863	1.212
150.5	153.5	3.0	Single packer	316	6840	2728	1.222
192.5	195.5	3.0	Single packer	293	6256	2649	1.221
198.5	201.5	3.0	Single packer	317	6559	2905	1.221
216.5	219.5	3.0	Single packer	301	6266	2712	1.222
210.5	213.5	3.0	Double packer	305	6340	2758	1.222
204.5	207.5	3.0	Double packer	306	6410	2620	1.222
252.5	255.5	3.0	Single packer	340	6667	3135	1.221
258.5	261.5	3.0	Single packer	311	6484	2633	1.222
282.5	285.5	3.0	Double packer	299	6287	2729	1.222
276.5	279.5	3.0	Double packer	304	6430	2792	1.222
300.5	303.5	3.0	Single packer	306	6460	2731	1.222
306.5	309.5	3.0	Double packer	301	6796	2525	1.222
354.5	357.5	3.0	Single packer	307	6495	2802	1.221

Hole ID	East	North	Elevation	Azimuth	Dip	Depth
	UTM Zone 19S (WGS84)		(m)	(deg.)	(deg.)	(m)
RW-DDH-13	685205	7337933	3714	n/a	90	471.5

For further information contact:
CleanTech Lithium PLC
Steve Kesler/Gordon Stein/Nick Baxter	Jersey office: +44 (0) 1534 668 321 Chile office: +562-32239222
	Or via Celicourt
Celicourt Communications Felicity Winkles/Philip Dennis/Ali AlQahtani	+44 (0) 20 7770 6424 cleantech@celicourt.uk
Beaumont Cornish Limited (Nominated Adviser) Roland Cornish/Asia Szusciak	+44 (0) 20 7628 3396
Fox-Davies Capital Limited (Sole Broker and Bookrunner)	+44 (0) 20 3884 8450
Daniel Fox-Davies	daniel@fox-davies.com

Argentina Lithium Expands Land Position at Salar de Antofalla

Argentina Lithium & Energy Investor Kit

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Overview

Company Highlights

Key Projects

Rincon West

Antofalla North

Pocitos

Incahuasi

Management Team

Nikolaos Cacos - President, CEO and Director

Miles Rideout - Vice-president of Exploration

Darren Urquhart - CFO

Joseph Grosso - Chairman of the Board and Director

John Gammon - Director

Martin Burian - Director

David Terry – Director

In Summary:

M&A ramping up in the lithium industry

Lithium prices expected to recover from temporary slump

- 4,500m drilling program to test priority targets on prospective greenstone-splay faults along strike from major gold deposits in one of Australia’s most prolific gold provinces

Ewoyaa Lithium Project granted final regulatory approval in the permitting process for the Project

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