Argentina Lithium Further Expands Rincon West and Antofalla North Projects

Argentina Lithium Further Expands Rincon West and Antofalla North Projects

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 option agreements with local vendors to earn a 100% interest in two new mining concessions on salars in northwestern Argentina . The Don Fermin property option (" Don Fermin ") adds 1456 hectares to the Company's holdings at Salar de Rincon, bringing the total Rincon West Project area to 5198.8 hectares. The Lexi-30 property option (" Lexi ") adds 789 hectares to the Company's Antofalla North Project, increasing the holdings controlled by the Company to 16,619.5 hectares.

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

Nikolaos Cacos , CEO of Argentina Lithium stated "We continue to emphasize accretion of prospective resource properties to our first-tier projects at Rincon and Antofalla North. These new areas will be incorporated into our exploration programmes, and we are planning to deploy advanced geophysics to confirm the presence of brine aquifers followed by drilling and pump tests to evaluate their potential for hosting lithium in brines. Our financing agreement with Stellantis, announced on September 27 th , places us in a strong position to acquire and fully explore highly prospective salar properties as they come available."

Don Fermin is a mining concession granted by the mining authority of Salta Province , located on the eastern flank of the Salar de Rincon, approximately 19 km east of the Company's main Rincon West property block (See Map 1 ). The property has not received significant exploration work previously. It is located adjacent to Rio Tinto's Rincon Project and 1.1 km distance northeast of Argosy Minerals' Rincon Project.

Lexi-30 is a mining concession granted by the mining authority of Catamarca Province, located on the west side of the Salar de Antofalla, adjacent to the Company's existing Antofalla North property block (See Map 2 ). The property has been the subject of TEM surveys in the past but has not previously been drilled. It is located approximately 1.1 km northwest of Albemarle Corporation's Antofalla Project.

[Argentina Lithium cautions that proximity to a discovery, mineral resource, or mining operation does not indicate that mineralization will occur on the Company's property, and if mineralization does occur, that it will occur in sufficient quantity or grade that would result in an economic extraction scenario.]

Don Fermin Agreement Details

Terms of the option include cash payments totaling US$2,750,000 over 18 months, including an initial non-reimbursable payment of US$250,000 . The Company can advance the dates of the subsequent four payments at its discretion. The vendor retains a 1.5% Net Smelter Royalty (" NSR ") which can be repurchased for US$4M .

Lexi Agreement Details

Terms of the option specify two cash payments totaling US$425,000 , including a non-reimbursable initial payment of US$50,000 , and an optional final payment of US$ 375,000 , payable at up to 12 months. The vendor retains a 2% Net Smelter Royalty (" NSR "). In the instance that the vendor wishes to transfer or sell the NSR, the Company has the right to match the terms of NSR transference or sale.

Qualified Person

Frits Reidel , CPG is a Qualified Person as defined in National Instrument 43-101, and the Principal of Atacama Water, and is independent of Argentina Lithium. 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. 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 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-further-expands-rincon-west-and-antofalla-north-projects-301980928.html

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2023/08/c0013.html

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Argentina Lithium Announces Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

Argentina Lithium Announces Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

/NOT FOR DISTRIBUTION TO UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

TSX Venture Exchange (TSX-V): LIT  
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OTCQX Venture Market: LILIF

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Argentina Lithium Announces a 327-metre Lithium Brine Interval at the 13th Exploration Well on the Rincon West Project

Argentina Lithium Announces a 327-metre Lithium Brine Interval at the 13th Exploration Well on the Rincon West Project

TSX Venture Exchange (TSX-V): LIT  
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OTCQX Venture Market: LILIF

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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

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.

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

¨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.

Cision 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.

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Argentina Lithium Reports Geophysical Survey Adds Nearly 600 Hectares of Potential Brine Aquifer at Rincon West Project and Plans Additional Drilling

Argentina Lithium Reports Geophysical Survey Adds Nearly 600 Hectares of Potential Brine Aquifer at Rincon West Project and Plans Additional Drilling

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 the completion of geophysical surveys at its Don Fermin property (the "Property"), part of the Company's 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 by nearly 600 hectares and have provided targets for a new 6-hole drill program at the project, for which permitting is underway.

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Argentina Lithium Appoints Vice President Corporate Development

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.

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

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.

Cision 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.

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NextSource Materials Welcomes New President and CEO Hanré Rossouw to Deliver Next Phase of Growth

NextSource Materials Welcomes New President and CEO Hanré Rossouw to Deliver Next Phase of Growth

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") confirms, further to the announcement on 28th May 2024, Hanré Rossouw has officially begun his role as President and CEO. His tenure begins in Madagascar, where he will visit the Molo graphite mine operations as well as engage with the community and government as part of a structured leadership transition plan

Also effective today, the former President and CEO, Craig Scherba, will continue as a Director and transition to the newly created role of Chief Development Officer to focus on developing strategy, managing offtake negotiations and expanding the Company's OEM relationships globally.

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Lithium ION Energy Signs LOI with United Rare Earths, for a Business Combination

Lithium ION Energy Signs LOI with United Rare Earths, for a Business Combination

Lithium ION Energy Limited (TSXV: ION) (FSE: ZA4) ("ION" or the "Company") is pleased to share that it has entered into an LOI Agreement to progress a business combination with United Rare Earths Ltd. ("UnitedRE"), a US-based rare earths recycling and refining company. UnitedRE secured a strategic location to develop and has significantly advanced discussions with a federal agency for grant opportunities which includes non-recourse, non-dilutive funding. UnitedRE has support at the highest levels of the government and an instrumental MOU with a national laboratory that will advance rare earth recycling and refining technologies in the U.S.

Highlights:

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CleanTech Lithium PLC Announces Notice of AGM

CleanTech Lithium PLC Announces Notice of AGM

CleanTech Lithium PLC Notice of Annual General Meeting

CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF) ("CleanTech Lithium" or the "Company"), an exploration and development company advancing sustainable lithium projects in Chile, will hold its Annual General Meeting ("AGM") at the offices of the Company at de Carteret House, 7 Castle Street, St Helier JE2 3BT on 26 November 2024 at 11:00AM GMT

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SAGA Metals Initiates Geophysics Program to Advance Drill-Ready Targets at Radar Project's "Hawkeye Zone"

SAGA Metals Initiates Geophysics Program to Advance Drill-Ready Targets at Radar Project's "Hawkeye Zone"

Saga Metals Corp. (" TSXV: SAGA ") (" FSE: 20H" ) (" SAGA " or the " Company "), a North American exploration company focused on discovering critical minerals, is pleased to announce the commencement of a targeted geophysics program over the Radar Titanium-Vanadium Project's high-potential "Hawkeye Zone."

This geophysics program, coupled with the petrographic analysis announced on October 1, 2024 (see release here ) will provide the necessary data to declare the Hawkeye zone ready for its maiden drill program.

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NextSource Materials Completes First Commercial Shipments of Graphite Concentrate to Germany and USA

NextSource Materials Completes First Commercial Shipments of Graphite Concentrate to Germany and USA

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or "the Company") is pleased to announce it has completed its first commercial shipments of SuperFlake® graphite concentrate from its Molo Graphite Mine (the "Molo mine") in southern Madagascar

Full container loads of high-quality, coarse flake graphite concentrate were exported from the Port of Tulear, Madagascar to Germany and to the United States of America (USA) under existing offtake agreements. These initial container shipments of SuperFlake® graphite are destined for key demand markets for higher value graphite products, including refractory materials and graphite foils for consumer electronics and fire-retardant applications.

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SAGA Metals Announces Assay Results from Radar Titanium-Vanadium Project

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Key Assay Highlights:

  • Total Samples Analyzed: 388 rock samples.
  • Titanium Dioxide (TiO2): 49 samples returned assay values over 4.0% TiO2, with a maximum value of 11.1%.
  • Vanadium Pentoxide (V2O5): 36 samples reported assay values over 0.2% V2O5, with a high value of 0.63%.
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Saga Metals Corp. (" TSXV: SAGA ") (" FSE: 20H" ) (" SAGA " or the " Company "), a North American exploration company focused on discovering critical minerals, is pleased to release assay results from its 2024 summer field program at the Radar Titanium-Vanadium (Ti-V) project in Labrador. The project, covering 17,250 hectares, is located approximately 10 km south of Cartwright and is road accessible, with early indications pointing to the potential for a classic layered mafic intrusive ore body.

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