Canadian Investment Regulatory Organization Trade Resumption - LIT

Canadian Investment Regulatory Organization Trade Resumption - LIT

Trading resumes in:

Company: Argentina Lithium & Energy Corp.

TSX-Venture Symbol: LIT

All Issues: No

Resumption (ET): 2:15 PM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

Cision View original content: http://www.newswire.ca/en/releases/archive/September2023/27/c2510.html

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Argentina Lithium Completes Early Exercise of Property Options at Rincon West and Antofalla North Projects

Argentina Lithium Completes Early Exercise of Property Options at 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 Logo (CNW Group/Argentina Lithium & Energy Corp.)

Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") is pleased to announce that it has exercised two option agreements to obtain 100% interest in key properties at its Rincon West, Antofalla North, and Pocitos lithium projects, all located in Salta Province northwest Argentina within the Lithium Triangle.

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The Stellantis Era Begins: Argentina Lithium  to drill up to 30 holes at Antofalla North Project

The Stellantis Era Begins: Argentina Lithium to drill up to 30 holes at Antofalla North Project

(TheNewswire)

Argentina Lithium & Energy Corp.

November 27, 2023 - TheNewswire - Global Stocks News - On November 20, 2023 Argentina Lithium (TSXV:LIT) (FSE:OAY3) (OTC:PNXLF) announced accelerated exploration plans for 2024 , following a $90 million (in ARS equivalent) financing agreement with Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V.

LIT is exploring a number of highly prospective lithium projects in Argentina with a goal of advancing them toward production in order to meet the growing global demand from the battery sector.

"The revised program includes a plan to complete up to 30 drill holes at the Company's large and highly prospective Antofalla North project , with a goal of assessing its lithium resource potential shortly on the heels of the Company's flagship Rincon West project, where the 11th of 20 planned exploration drill holes is underway," stated LIT in the November 20, 2023 PR.


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The Stellantis deal gives Argentina Lithium the financial resources to accelerate the development of its lithium assets, while providing Stellantis with up to 15,000 tonnes of lithium per annum, for a 7-year period if LIT becomes a lithium producer.

Stellantis has a track record of making savvy upstream investments.

On August 17, 2023 Stellantis announced a $100 million investment in CTR to advance the development of a geothermal lithium project in California.


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Argentina Lithium's VP of Exploration, Miles Rideout , has lived in Mendoza, Argentina for more than 20 years. Fluent in English and Spanish, he has a track record in mine permitting, financing, construction, and operations, participating in the discovery of multiple world-class deposits.

" Our 2023 field work focused on drilling Rincon West and was extremely successful in identifying lithium-rich brines and advancing the project," stated Rideout. "At the same time, we assembled the large Antofalla North property package adjacent and to the north of Albemarle Corp's lithium project and now that we are funded [by the Stellantis deal] we will be as aggressive as possible to advance the project alongside Rincon West."

Antofalla North is undrilled, though it has been explored with geophysical techniques to 500 meters depth. LIT "hopes to delineate another major source of lithium in brines at Antofalla."


Click Image To View Full Size

Argentina Lithium plans to complete 110 line-km of TEM geophysics at the Antofalla North Project covering approximately 16,620 hectares . The objective is to identify targets for drilling of "an initial 6 broadly spaced reconnaissance holes" totaling approximately 2,400 metres to test for lithium brines.

With positive results, LIT plans to follow this work with as many as 24 infill holes or approximately 7,200 m of drilling to fully test the property holdings.

Miles Rideout recently spoke with Red Cloud TV's Mark Bunting about the Argentina program, including the Antofalla North project.

"Ricon West is the area we've been drilling for about 18 months," Rideout told Bunting. "Next year, we'll complete another 12 exploration holes, and likely between four and six pump tests as well assessing the quality of the aquifer. With that work done, we'll move forward with completing an initial mineral resource estimate."

"Our second lead project is Antofalla North," continued Rideout. "Our properties there are adjacent to Albemarle Corporation - the world's second largest lithium producer. We will be drilling beside the Albemarle properties, in the same basin. It's a large project."

On November 20, 2023, Argentina voted to elect a new President, Javier Milei.

"The wider energy complex appears to be turning in Milei's favor," reported Forbes . "Argentina has the world's second-largest lithium reserves estimated to be in the region of 20 million tons, according to the U.S. Geological Survey ."

"Domestic production of the metal that's desperately needed for the world's energy transition is ramping up, and might rise to as high as 120,000 t/year in 2024 (from a current level of around 60,000 t/year)".

LIT is part of the Grosso Group, which has a vast network of local and regional contacts in Argentina. The Grosso Group has formed strategic alliances and negotiated with mining majors such as Barrick, Teck, Newmont, Viceroy and Vale.

Argentina Lithium is currently awaiting the issuance of environmental permits at Antofalla which will allow work to begin. LIT "does not foresee any issues with its applications."

"We have cleared the biggest hurdle for any junior today , which is having financing secured for all the planned exploration activity , to the tune of up to fifteen million dollars (US) next year alone if we complete all of our plans," stated Nikolaos Cacos, CEO of Argentina Lithium.

"In fact, the Stellantis funding is expected to carry us through exploration drilling to potential resource definition and initial engineering study stages at Rincon West and Antofalla North ," continued Cacos, "allowing us to build value with minimal dilution for our investors."

Contact: guy.bennett@globalstocksnews.com

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Argentina Lithium Announces Accelerated Exploration Plan

Argentina Lithium Announces Accelerated Exploration Plan

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) ("Argentina Lithium" or the "Company") is pleased to announce its accelerated exploration plans for 2024, following the major financing agreement with Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., (" Stellantis ") as reported on September 27 th 2023 . The revised program includes a plan to complete up to 30 drill holes at the Company's large and highly prospective Antofalla North project, with a goal of bringing it to a resource delineation stage shortly on the heels of the Company's flagship Rincon West project, where the 11 th of 20 planned exploration drill holes is underway.

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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.

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Argentina Lithium Engages Investing News Network for Marketing Contract

Argentina Lithium Engages Investing News Network for Marketing Contract

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 advertising and investor awareness campaign with Dig Media Inc. dba Investing News Network (" INN "). INN is a private company headquartered in Vancouver, Canada dedicated to providing independent news and education to investors since 2007 at www.investingnews.com . For the 12-month term of the agreement, INN will provide advertising to increase awareness of the issuer. INN does not provide Investor Relations or Market Making services. The cost of the campaign is $58,000 payable in two payments of $29,000 each plus GST. The INN agreement is subject to TSX Venture Exchange approval.

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South Star to Host Live Corporate Update Webinar on December 14th at 2pm ET

South Star to Host Live Corporate Update Webinar on December 14th at 2pm ET

  • Richard Pearce, CEO and Director will provide a corporate update via a live presentation followed by live Q&A
  • Investors and other interested parties invited to join and learn more about recent developments at South Star's Santa Cruz and BamaStar projects.

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV:STS)(OTCQB:STSBD), is pleased to announce that the Company's CEO and Director, Richard Pearce, will be providing important updates on South Star's Santa Cruz and BamaStar projects, a review of recent 2023 achievements as well as an outlook for 2024

Date: Thursday, December 14, 2023

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NextSource Announces Appointment of Martina Buchhauser to the Board and Results of 2023 Annual and Special Meeting of Shareholders

NextSource Announces Appointment of Martina Buchhauser to the Board and Results of 2023 Annual and Special Meeting of Shareholders

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the appointment of Ms. Martina Buchhauser to the Board of Directors and results of the Annual and Special Meeting of Shareholders (the "Meeting") held virtually at 9:00 AM Toronto, Ontario, Canada on December 5, 2023

Ms. Buchhauser is a global leader with a profound knowledge of the automotive industry and its shift towards new and sustainable technologies and the imperative for a responsible and low carbon business. Her leadership journey has encompassed executive roles in Global Procurement and Supply Chain Networks at General Motors, MAN, BMW, and Volvo Cars, where she until recently served as the Chief Procurement Officer and on the management board. She is a senior advisor of H&Z Management Consulting and is a non-executive director on several company boards.

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Fortune Minerals Announces Government Funding to Advance the NICO Critical Minerals Asset in Canada

Fortune Minerals Announces Government Funding to Advance the NICO Critical Minerals Asset in Canada

Also, debts that were to mature at the end of this year have been extended by a year

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (" Fortune " or the " Company ") ( www.fortuneminerals.com ) is pleased to announce that it has secured government funding of up to $887,170 to support metallurgical test work for its 100% owned vertically integrated NICO cobalt-gold-bismuth-copper project in Canada (" NICO Project "). The NICO Project is an advanced development stage Critical Minerals asset comprised of a planned open pit and underground mine and concentrator in the Northwest Territories and related hydrometallurgical refinery in Alberta (the " Alberta Refinery "). The proposed Alberta Refinery would process concentrates from a future mine at the NICO Project and other sources to produce cobalt sulphate, gold doré, bismuth ingots and copper. Development of the NICO Project would provide a vertically integrated Canadian supply for three Critical Minerals needed for the energy transition with North American supply chain transparency and Environmental Social Governance (" ESG ") values, as well as compliance with the U.S. Inflation Reduction Act.

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Canada Silver Cobalt to Reprice Warrants

Canada Silver Cobalt to Reprice Warrants

(TheNewswire)

Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the " Company " or " Canada Silver Cobalt ") announces that it is proposing to amend the terms of an aggregate 23,380,092 outstanding common share purchase warrants ("Warrants") by amending the exercise price to $0.06 per share

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Canadian Investment Regulatory Organization Trade Resumption - ILC

Canadian Investment Regulatory Organization Trade Resumption - ILC

Trading resumes in:

Company: International Lithium Corp.

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Coniagas Battery Metals Inc. Obtains Conditional Listing From TSX Venture Exchange

Coniagas Battery Metals Inc. Obtains Conditional Listing From TSX Venture Exchange

(TheNewswire)

Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. (TSXV:CCW) (OTC:CCWOF) (Frankfurt:4T9B) (the " Company " or " Canada Silver Cobalt ") is pleased to announce that its wholly-owned subsidiary Coniagas Battery Metals Inc. ("Coniagas") has obtained conditional listing from the TSX Venture Exchange in connection with the previously-announced "spin-out" by the Company of shares and warrants of Coniagas to the shareholders of the Company by way of plan of arrangement under the Canada Business Corporations Act . The Company will now apply to the British Columbia Supreme Court for a final order for the plan of arrangement

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Argentina Lithium & Energy

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  • Upcoming projects

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