TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

ARGO OPPORTUNITY CORP. ("AROC.P ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Further to TSX Venture Exchange bulletin dated May 16, 2023 , effective at the open of market, May 23, 2023 shares of the Company will resume trading.

________________________________________

WAROONA ENERGY INC. ("WHE")
[formerly Metallum Resources Inc. ("MZN")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Name Change, Symbol Change, Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing Metallum Resources Inc.'s (now Waroona Energy Inc., the "Company") reverse takeover (the "RTO") as principally described in the Company's information circular dated April 12, 2023 (the "Circular").

The RTO includes the following matters, all of which have been accepted by the Exchange.

Reverse Takeover-Completed:

Pursuant to a share exchange agreement dated December 6, 2022, the Company acquired all of the issued and outstanding shares of Waroona Energy Pty Ltd., an Australian incorporated entity.

The Exchange has been advised that disinterested shareholders of the Company have approved the RTO.

For additional information please refer to the Company's Circular dated April 12, 2023 available under the Company's profile on SEDAR, as well as the Company's news releases dated October 19, 2022, December 6, 2022, February 8, 2023, February 17, 2023, March 2, 2023, April 17, 2023 and May 16, 2023.

Private Placement-Non-Brokered:

In connection with the above, the Exchange has accepted for filing documentation with respect to a Non Brokered Private Placement announced February 8, 2023 .

Number of Subscription Receipts:             150,000,000 subscription receipts. Each subscription receipt

entitles the holder to receive one common share of the Company without payment of any additional consideration or any further action, upon the fulfilment of certain release conditions, including but not limited to the receipt of all necessary shareholder and/or regulatory approvals (the "Escrow Release Conditions") of the proposed RTO. In the event the Escrow Release Conditions are not met, all proceeds raised will be returned to the subscribers and the subscription receipts will be cancelled.

Purchase Price: $0 .06 per subscription receipt

Number of Placees:                                  105 placees

Insider / Pro Group Participation:

Name

# of Placee(s)

Aggregate # of Shares

Aggregate Existing Insider Involvement

5

32,630,269

Aggregate Pro Group Involvement

1

2,060,437

Finder's Fee:

Aggregate cash amount of $307,959.


Name
Change and Symbol Change:

The name of the Company has been changed as detailed below.

Effective at the market opening on Tuesday, May 23, 2023 , the common shares of Waroona Energy Inc. will commence trading on TSX Venture Exchange, and the common shares of Metallum Resources Inc. will be delisted. The Company is classified as a 'Technology' company.

Capitalization:

Unlimited

common shares with no par value of which


737,979,415

common shares are issued and outstanding

Escrow:

304,500,000

common shares are subject to Tier 2 Value Escrow


71,670,500

common shares are subject to Tier 2 Surplus Escrow


5,416,667

common shares are subject to Tier 1 Value Escrow

Transfer Agent:                                       Computershare Trust Company of Canada

Trading Symbol:

WHE

(new)

CUSIP Number:

934633108

(new)





Company Contact:

Tony Wonnacott

Company Address:

Suite 400 - 1681 Chestnut Street


Vancouver, British Columbia V6J


4M6

Company Phone Number:

(416) 953-5879

Company Email Address:

contact@waroonaenergy.com


Resume
Trading:

Effective at the market opening on Tuesday, May 23, 2023 , the shares of the Company will resume trading.

________________________________________

MORIEN RESOURCES CORP. ("MOX ")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend Amount per Common Share: $0.0025
Payable Date: June 28, 2023
Record Date: June 14, 2023
Ex-dividend Date: June 13, 2023

________________________________________

ORCA ENERGY GROUP INC. ("ORC.A ") ("ORC.B")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Class A: $0.10
Dividend per Class B SV: $0.10
Payable Date: July 14, 2023
Record Date: June 30, 2023
Ex-dividend Date: June 29, 2023

________________________________________

PASCAL BIOSCIENCES INC. ("PAS ")
BULLETIN TYPE:  Delist
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Further to the Company's news releases dated February 15, 2023 , and May 18, 2023 , the common shares of Pascal Biosciences Inc. will be delisted at close of market on Tuesday May 23, 2023 , from TSX Venture Exchange at the request of the Company.

________________________________________

SHELLRON CAPITAL LTD. ("SHLL.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at the opening, Tuesday, May 23, 2023 , the securities of Shellron Capital Ltd. (the "Company") will resume trading.  Further to the Exchange Bulletin dated August 3, 2022 , a news release was issued on March 24, 2023 , announcing that the Company will not be proceeding with its proposed transaction.  The transaction contemplated would have constituted a Qualifying Transaction as defined under Exchange Policy 2.4.

________________________________________

23/05/18 - TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

ARGO OPPORTUNITY CORP. ("AROC.P ")
BULLETIN TYPE:  Halt
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, May 18, 2023 , trading in the shares of the Company was halted, pending closing; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

IBC ADVANCED ALLOYS CORP. ("IB ") ("IB.DB")
BULLETIN TYPE:  Halt
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 5:26 a.m. PST, May 18, 2023 , trading in the shares of the Company was halted, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

IBC ADVANCED ALLOYS CORP.  ("IB") ("IB.DB")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

Marvel Discovery Corp. ("MARV ")
BULLETIN TYPE:  Warrant Term Extension & Warrant Price Amendment
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension of the expiry date and repricing of the following warrants:

# of Warrants:

1,200,000

Original Expiry Date of Warrants:

May 31, 2023

New Expiry Date of Warrants:

May 31, 2025

Original Exercise Price of Warrants:

$0.25

New Exercise Price of Warrants:

$0.20


These warrants were issued pursuant to a private placement of 2,400,000 Units. Each Unit consists of one common share of the Company and a one-half common share purchase warrant attached, which was accepted for filing by the Exchange effective May 31, 2021 .

________________________________________

NORTH ARROW MINERALS INC. ("NAR ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on April 24, 2023 :

Number of Shares:

13,066,500 Flow-through shares

Purchase Price:

$0.08 per share

Warrants:

6,533,250 share purchase warrants to purchase 6,533,250 shares

Warrant Exercise Price:

$0.12 for a two year period

Number of Shares:

22,976,999 shares

Purchase Price:

$0.06 per share

Warrants:

22,976,999 share purchase warrants to purchase 22,976,999 shares

Warrant Exercise Price:

$0.10 for a two year period

Number of Placees:

51 placees

Insider / Pro Group Participation:






Placees

# of Placee (s)

Aggregate # of Shares




Aggregate Existing Insider Involvement:

2

933,000

Aggregate Pro Group Involvement:

5

1,685,750


Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

$77,254.88

N/A

676,620


Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0 .10 for period of 2 years from the date of issuance.

The Company issued a news release on May 18, 2023 , confirming closing of the private placement.  [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]

________________________________________

NOVA ROYALTY CORP. ("NOVR ")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation pertaining to an existing royalty purchase agreement dated February 9, 2021 (the "Agreement"), between Nova Royalty Corp. (the "Company") and arm's length vendor (the "Vendor"). The Company issued 1,361,936 common shares of Nova Royalty to Vendor. The common shares represent a milestone payment in the amount of US$1,500,000 and were priced based on a 30-day volume-weighted average trading price.

For further details, please refer to the Company's news release dated February 10, 2021 , June 10, 2021 and May 04, 2023 .

________________________________________

RIWI CORP. ("RIWI ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

Effective at 6:30 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

SIMPLY BETTER BRANDS CORP. ("SBBC ")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 90,236 shares at a deemed price of $0.38937 for a total consideration of $35,135 (US$26,000.00) for certain services provided to the Company pursuant to an agreement dated September 1, 2022 .

Number of Service Providers: 1

Non-Arm's Length Party / Pro Group Participation: N/A

For more information, please refer to the Company's news release on April 21, 2023 .

The Company shall issue a news release when the shares are issued.

________________________________________

SOLAR ALLIANCE ENERGY INC. ("SOLR ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

ULTRA LITHIUM INC. ("ULT ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

VISIONSTATE CORP. ("VIS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on March 13, 2023 and April 4, 2023 :

Number of Shares:

22,975,000 units. Each unit consists of one common share and one share purchase warrant.

Purchase Price:

$0.02 per unit

Warrants:

22,975,000 share purchase warrants to purchase 22,975,000 shares

Warrant Exercise Price:

$0.05 for a two year period

Warrant Acceleration Provision:

If the closing price of the common shares is equal to or exceeds $0.07 per common share for greater than twenty (20) consecutive trading days, then the warrant term shall automatically accelerate to a date that is thirty (30) calendar days following the date a press release is issued by the Company announcing the reduced warrant terms, without further notification made by the Company.

Number of Placees:

11 placees

Insider / Pro Group Participation:






Placees

# of Placee (s)

Aggregate # of Units




Aggregate Existing Insider Involvement:

4

13,125,000

Aggregate Pro Group Involvement:

N/A

N/A


Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

N/A

N/A

N/A


The Company issued a news release on May 17 , 2023 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

WESTERN ALASKA MINERALS CORP. ("WAM")
BULLETIN TYPE:  Private Placement – Brokered
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 11, 2023 :

Number of Shares:

2,982,049 common share units ("Units"), each Unit consisting of one common share in the capital of the Company ("Share") and one-half of one Share purchase warrant ("Warrant").

Purchase Price:

$2.35 per Unit.

Warrants:

1,491,022 whole Warrants to purchase 1,491,022 Shares.

Warrant Price:

$3.15 exercisable for a period of 36 months from the date of issuance.

Number of Placees:

65 placees.

Insider / Pro Group Participation:


Insider=      Y /


Name

ProGroup= P

Number of Units

Aggregate Existing Insider Involvement:

[4 Existing Insiders]

Y

167,873

Aggregate Pro Group Involvement:

N/A

N/A

Agents' Fees:

Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Finder Warrants

Agentis Capital Markets LP

$155,092

N/A

64,702

Canaccord Genuity Corp.

$155,092

N/A

64,702

Stifel Nicolaus Canada Inc.

$49,548

N/A

22,430

Roth Canada Inc.

$38,114

N/A

17,254

Independent Trading Group Inc.

$7,623

N/A

3,451

Finder Warrants are exercisable into Units at $2.35 per Unit for a period of 24 months from the date of issuance.

The Company issued a news release on May 4 , 2023, confirming the closing of the Private Placement.  Note that in certain circumstances the Exchange may later extend the expiry date of the Warrants, if they are less than the maximum permitted term.

__________________________________

SOURCE TSX Venture Exchange

Cision View original content: https://www.newswire.ca/en/releases/archive/May2023/18/c7146.html

News Provided by Canada Newswire via QuoteMedia

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Marvel Discovery (TSXV:MARV)

Marvel Discovery


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Marvel Resumes Exploration of Gold Anomaly at Victoria Lake

Marvel Resumes Exploration of Gold Anomaly at Victoria Lake

Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF) ("Marvel" or the "Company") is pleased to announce that the Company is planning a till sampling exploration program at its Victoria Lake Property for Q2 2024. The project is being planned as a follow-up to reconnaissance till and soil sampling completed in 2023 that identified anomalous gold. The Victoria Lake Property is situated over more than 15 kilometres of the Victoria Lake Shear Zone (VLSZ), part of an extensive fault corridor within Central Newfoundland that Honsberger et al. (2022)1 identified as emerging as one of the most prospective orogenic gold domains in Atlantic Canada. The project will further follow up on the second highest regional gold-in-till sample identified by the Newfoundland Geoscience Atlas, which reported 785 ppb Au from a sample collected within Marvel's Victoria Lake project

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Marvel Completes Drilling at Duhamel, Nickel-Copper-Cobalt Project, North of Quebec City

Marvel Completes Drilling at Duhamel, Nickel-Copper-Cobalt Project, North of Quebec City

Marvel Discovery Corp. (TSX-V:MARV)(Frankfurt:O4T)(MARVF:OTCQB); ( "Marvel " or the "Company" ) is pleased to report that the Company has completed drilling operations on its Ni-Cu-Co and Ti-V-Cr Duhamel property (the " Property ") located 350 kilometers (km) north of Quebec City, QC (Figure 1

Karim Rayani, Chief Executive Officer , states , "We are thrilled with the results of our inaugural drill campaign at our Duhamel project. Every hole was successful in intersecting our interpreted target horizons -intersecting disseminated, semi-massive and/or massive sulfide zones. At this state we have decided to pause our drilling operations and now will focus our efforts on both field and desktop studies to help us gain a better understanding of both the genesis and structural setting of these exciting massive sulfide zones. While we wait for assays on all holes, we will be conducting low frequency Borehole and Surface Time Domain Electromagnetics to assist with future targeting areas. Our field geologist is most excited with these initial results and seeing mineralized textures suggestive of these sulfides being part of a much larger sulfide pool, and we eagerly anticipate the Geophysical results to help us vector towards the higher conductance and thicker sulfide zones."

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Marvel Closes Final Tranche of Private Placement

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Each NFT Unit consists of one non flow-through share (an "NFT Share") and one share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to acquire an additional NFT Share at an exercise price of $0.075 per NFT Share for a period of five years.

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Marvel's CEO Issues Corporate Update Letter to Shareholders

Marvel's CEO Issues Corporate Update Letter to Shareholders

VANCOUVER, BC / ACCESSWIRE/ February 7, 2024 / Marvel Discovery Corp. (TSX-V:MARV)(Frankfurt:O4T)(MARVF:OTCQB); ( "Marvel " or the "Company" ) is pleased to report a corporate update letter in an address to shareholders from its Chief Executive Officer, Karim Rayani.

Dear Shareholders ,

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Marvel Completes 3 Holes at Duhamel, Nickel-Copper-Cobalt Project North of Quebec City

Marvel Completes 3 Holes at Duhamel, Nickel-Copper-Cobalt Project North of Quebec City

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Figure 1: Regional location of the Duhamel Property

To date, three (3) drill holes have been completed (813m done for total of 1,200m) which are targeting numerous priority airborne and ground EM conductors within the Houlière block (figure 2). Historical work within the Property and surrounding areas have shown these conductors are the primary target horizons.

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Victory Battery Metals Corp. (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") is pleased to announce its sale of its Tahlo Lake, British Columbia property to a private company, Trimera Metals Corp., of Vancouver, British Columbia

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Beyond Lithium and Its Exploration Team Recognized with Bernie Schnieders Discovery of the Year Award

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Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce that the Company and its exploration team have been awarded the prestigious 2023 Bernie Schnieders Discovery of the Year Award for the spodumene discovery at its Victory Project in Ontario, Canada.

The award, presented by the Northwestern Ontario Prospectors Association (NWOPA), annually recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year. It was presented on April 24 to Beyond Lithium and its exploration team at the annual awards banquet hosted during the 2024 Ontario Prospectors Exploration Showcase in Thunder Bay, Ontario. Past recipients of this prestigious award include Great Bear Resources Inc., Frontier Lithium Inc. and Delta Resources Ltd.

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ALX Resources Corp. Intersects Additional Uranium Mineralization at the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

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alx resources corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the completion of the 2024 winter drilling program at its 100%-owned Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project") located in the northern Athabasca Basin near the community of Stony Rapids, Saskatchewan. The 2024 drilling program was designed to test for continuity of uranium mineralization first discovered in 1979 by Eldorado Nuclear and by ALX in 2015. Five holes totaling 849.44 metres were completed. Four of the five holes intersected uranium mineralization at or near the unconformity, based upon hand-held scintillometer readings on drill core, downhole gamma probe results, and visual observation of uranium minerals by ALX's geological team. Mineralization found in the 2024 drilling was intersected in two areas located 500 metres apart within a target area that ALX defined in late 2023 by carrying out a high-resolution magnetic survey and a Soil Gas Hydrocarbon ("SGH") survey (see ALX news release dated January 23, 2024).

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Brunswick Exploration Drills 58.1 Meters at 1.59% Li2O Starting From Surface at Mirage

Brunswick Exploration Drills 58.1 Meters at 1.59% Li2O Starting From Surface at Mirage

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to report the first assays from the Mirage winter drilling campaign where it drilled an additional thirty-five holes. The Mirage Project is located in the Eeyou Istchee-James Bay region of Quebec approximately 40 kilometres south from the Trans-Taiga Road. The winter drill campaign focused on the Central Zone and has continued to intersect multiple wide, well mineralized intervals on the MR-6 dyke and its vicinity where it remains open in all directions.

Highlights include:

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Argentina Lithium Announces Positive Lithium Values in the 12th Exploration Well at the Rincon West Project

Argentina Lithium Announces Positive Lithium Values in the 12th Exploration Well at the Rincon West Project

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") reports positive results from the twelfth exploration hole at its Rincon West Project in Salta Province Argentina . Brine samples collected over a 165 metre interval of RW-DDH-012 ranged from 322 to 371 mgl lithium.

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

"Our ongoing drilling continues to evaluate the Rinconcita II concession that extends from our original claims, eastwards over the salt flat towards the neighboring Rio Tinto concessions. Our twelfth hole demonstrates a long interval of impressive lithium values in porous host lithologies. Thus far, our drilling at Rincon West demonstrates a continuous aquifer of concentrated lithium brines over an extensive basin." stated Miles Rideout , V.P. of Exploration.

The results including sampling method, the sample interval data, and the brine analyses for RW-DDH-012 are shown in Table 1. Drill collar information is presented in Table 2. An extensive selection of core samples has been sent to an independent laboratory for brine recovery testing; results are pending.

The Rincon West Project covers 5198.8 hectares of the salar basin, consisting of three property blocks adjacent to Rio Tinto's Rincon Project. Drill hole RW-DDH-012 represents the third exploration hole of the 6-hole program planned for the Rinconcita II property, announced in the Company's October 19, 2023 News Release. The Company is currently completing the access to the next drill platform (RW-DDH-013), representing a further 1000 m step towards the northeast corner of the property block.

Figure 1 presents a map of the western (main) block of the Rincon West project showing the positions of the twelve completed exploration holes (see News Releases dated July 13, 2022 , October 3, 2022 , October 25, 2022 , January 26, 2023 , April 24, 2023 , May 31, 2023 and January 22, 2024 ). The drill locations are overlain on the conductive zones (shaded yellow) delineated by two geophysics campaigns (see News Releases dated May 2, 2022 and October 19, 2023 ).

Table 1: Interval data and results of brine analyses for lithium, potassium, and magnesium for drill hole RW-DDH-01 2*

Sample Interval (m)

Sample
Method

Li

K

Mg

Density

From

To

Thickness

(mg/litre)

(g/ml)

RW-DDH-012






48.5

51.5

3.0

Single packer

337

6284

3062

1.201

54.5

57.5

3.0

Single packer

345

6667

3116

1.204

60.5

63.5

3.0

Single packer

355

6884

3143

1.207

66.5

69.5

3.0

Single packer

365

7230

3169

1.212

78.5

81.5

3.0

Single packer

363

7210

3208

1.216

96.5

99.5

3.0

Single packer

329

7087

2764

1.218

102.5

105.5

3.0

Single packer

339

7262

2867

1.218

108.5

111.5

3.0

Single packer

356

7483

3034

1.216

120.5

123.5

3.0

Single packer

347

7202

2971

1.215

126.5

129.5

3.0

Single packer

366

7260

3184

1.212

132.5

135.5

3.0

Single packer

352

7152

3067

1.213

138.5

141.5

3.0

Single packer

371

7451

3298

1.214

144.5

147.5

3.0

Single packer

356

7192

3157

1.216

156.5

159.5

3.0

Single packer

345

7054

3091

1.219

162.5

165.5

3.0

Single packer

335

6858

2998

1.219

168.5

171.5

3.0

Single packer

315

6679

2827

1.22

174.5

177.5

3.0

Single packer

324

6696

2893

1.219

180.5

183.5

3.0

Single packer

327

6694

2914

1.218

186.5

189.5

3.0

Single packer

323

6685

2874

1.217

192.5

195.5

3.0

Single packer

324

6744

2897

1.218

198.5

201.5

3.0

Single packer

324

6718

2860

1.217

204.5

207.5

3.0

Single packer

322

6697

2827

1.217

210.5

213.5

3.0

Single packer

324

6717

2834

1.217

*The drill hole was inclined vertically; the brine hosting strata are believed to be flat lying resulting in reported intervals approximating true thickness.

Drilling Methodology

RW-DDH-012 was executed with HQ-diameter diamond drilling, permitting the extraction of core samples of the salar basin formations and the recovery of brine samples where possible.

Drilling was carried out by Salta-based AGV Falcon Drilling SRL, under the supervision of Argentina Lithium's geologists.

Table 2: Collar and maximum depth information for RW-DDH-012

Hole ID

East

North

Elevation

Azimuth

Dip

Depth


UTM Zone 19S (WGS84)

(m)

(deg.)

(deg.)

(m)

RW-DDH-012

684144

7337989

3722

n/a

90

339.0

LIT's preferred method for brine sampling deploys a 'single packer' sampling unit during drilling. The packer sampling method allows the recovery of brine samples at specific depths while sealing the hole at the top and bottom of the interval. For single packer sampling, an inflatable seal closes the top of the interval; the lower limit of drilling represents the bottom of the interval.

Geophysical profiling and lining the hole with 2" diameter PVC filters have been completed. All core samples recovered in drilling were retained for geologic logging.

Observations regarding RW-DDH-012

RW-DDH-012 extends drilling eastwards from previous holes over the Rincon salt flat. The hole was completed to 339.5 m depth and a total 23 brine samples extracted using the single packer method were submitted for analysis.

Samples collected between 48.5 m depth and 213.5 m depth (the deepest sample) ranged from 322 to 371 mg/l lithium. Over this 165 m interval, 23 single packer brine samples were collected from discrete 3 m intervals, totalling 69.0 m of sampling, which represents 41.8% of the total interval.

From surface to 20 m depth, gravels with a sandy-clayey matrix were drilled. Dacite was recovered from 20.0 to 22.9 m , whereupon the drill crossed coarse gray-brown sand, to 52.3 m . Fine black sands were then sampled to 106.5 m depth, followed by reddish clayey sand to 122 m . The drill sampled fine black sands to 129.5, followed by coarse red sand to 135.5 m , then medium brown sand to 144.5 m . Breccia with grey sandy matrix was crossed to 151.0, with clasts of andesite and other compositions. Fine reddish and gray sands were then drilled to 177.4 m , where sulphates were encountered, extending to 178.2 m . Brown, medium-grained sand was then drilled to 180.5, followed by breccia to 185.5 m . Between 185.5 m and 201.4 m , the drill sampled andesitic porphyry with veinlets. From 201.4 to 339.5 m , the drill sampled a sequence of volcanic units (porphyries, breccias and ignimbrites, among others) characterised by the presence of fractures and carbonate or quartz veinlets. Brine sampling in these relatively competent basement units proved unproductive below the initial weathered zone.

Analyses and QA/QC

Samples of brine were submitted for analysis to Alex Stewart International Argentina S.A. ("Alex Stewart"), the local subsidiary of Alex Stewart International, an ISO 9001:2017 certified laboratory, with ISO 17025:2017 certification for the analysis of lithium, potassium and other elements. Alex Stewart employed Inductively Coupled Plasma Optical Emission Spectrometry ("ICP-OES") as the analytical technique for the primary constituents of interest, including boron, calcium, potassium, lithium, and magnesium. Measurements in the field included pH, electrical conductivity, temperature and density.

The quality of sample analytical results was controlled and assessed with a protocol of blank, duplicate and reference standard samples included within the sample sequences. For hole RW-DDH-012 the lot contained one blank and two duplicate samples, which all reported within the acceptable range. Single low-grade, medium-grade and high-grade reference standard samples (3 standards in total) were included within the submitted sample suite. The low-grade reference standard analysed higher than 3 standard deviations (SD) of best value, with 8.6 relative percent difference (RPD); the medium-grade reference standard analysed below 3 SD of best value, with 4.9 RPD; the high-grade reference standard analysed below 3 SD of the best value; with 2.9 RPD.

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 early-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

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-announces-positive-lithium-values-in-the-12th-exploration-well-at-the-rincon-west-project-302125564.html

SOURCE Argentina Lithium & Energy Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2024/24/c3920.html

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CENTURY LITHIUM PROVIDES UPDATE ON THE FEASIBILITY STUDY

CENTURY LITHIUM PROVIDES UPDATE ON THE FEASIBILITY STUDY

Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) (Century Lithium or Company) reports that the Feasibility Study on the Company's Clayton Valley Lithium Project (Project), in Nevada, USA under the direction of Wood PLC and Global Resource Engineering Ltd., is currently under review by the Qualified Persons, and the Company anticipates its announcement imminently.

Century Lithium Provides Update on the Feasibility Study (CNW Group/Century Lithium Corp.)

To date, the Company's Feasibility Study team has revised and updated estimates for a phased production approach at the Project. These revisions also included assessment and evaluation of the economic benefit of sales of the surplus sodium hydroxide produced by the chlor-alkali plant.

The Company's Lithium Extraction Facility (Pilot Plant) in Amargosa Valley, Nevada is now in its third year of testing the processing of lithium-bearing claystone from the Project. All data collected has been essential to the Feasibility Study. Century Lithium continues to work toward permitting the Project including the collection of baseline data collection for biology, surface and groundwater hydrology, and social impacts. Earlier this year, baseline reports were submitted by the Company's consultants and were accepted by the appropriate government agencies. Multiple reports have been completed which will aide in the preparation of a Plan of Operations to initiate the National Environmental Policy Act (NEPA) process.

About Century Lithium Corp.

Century Lithium Corp. (formerly Cypress Development Corp.) is an advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, USA . Century Lithium is currently in the pilot stage of testing on material from its lithium-bearing claystone deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF Century Lithium CORP.
WILLIAM WILLOUGHBY , PhD., PE
President & Chief Executive Officer

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This release includes certain statements that may be deemed to be "forward-looking statements". Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as " expects," "estimates," "projects," "anticipates," "believes," "could," "scheduled," and other similar words. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration, and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/century-lithium-provides-update-on-the-feasibility-study-302121633.html

SOURCE Century Lithium Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2024/19/c7578.html

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