Li3 Energy Acquires Lithium Assets in Peru

- February 25th, 2010

Li3 Energy, Inc. (OTCBB: LIEG) reported that the company has recently executed a definitive agreement thereby acquiring 100% of the assets of the Loriscota, Suches, and Vizcachas Projects located respectively in the Provinces of Puno, Tacna and Moquegua, Peru.

Li3 Energy, Inc. (OTCBB: LIEG) reported that the company has recently executed a definitive agreement thereby acquiring 100% of the assets of the Loriscota, Suches, and Vizcachas Projects located respectively in the Provinces of Puno, Tacna and Moquegua, Peru.

The press release is quoted as saying:

Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium brine mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally.

Click here to access the entire press release

Click here to access Li3 Energy Corporate Site

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