Antofalla

Argentina Lithium Announces Accelerated Exploration Plan

Retrieved on: 
Monday, November 20, 2023

VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - 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 27th, 2023 .

Key Points: 
  • VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - 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 27th, 2023 .
  • Argentina Lithium plans to complete 110 line-km of TEM geophysics at Antofalla North Project covering approximately 16,620 hectares.
  • Argentina Lithium is currently awaiting the issuance of environmental permits at Antofalla which will allow work to commence.
  • 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.

LEXI Begins Lithium Drilling in Antofalla North

Retrieved on: 
Tuesday, June 13, 2023

Lithium Energi Exploration Inc. ( TSXV: LEXI ) (the “Company” or “LEXI”) is pleased to announce the commencement of its Antofalla North Project drilling campaign.

Key Points: 
  • Lithium Energi Exploration Inc. ( TSXV: LEXI ) (the “Company” or “LEXI”) is pleased to announce the commencement of its Antofalla North Project drilling campaign.
  • The drilling campaign, led by Dr. Gerardo Romero Agüero, President of Lithium Energi Argentina (LEA) S.A. and LEXI Director, has already reached the first 40 meters of the anticipated 400-meter well, with a state-of-the-art Boart Longyear LF90D smart drill.
  • “We are optimistic about the potential of the Antofalla North Project," said Mr. Agüero.
  • These roads also provide access to other LEXI properties in the Antofalla North project.

LEXI Announces Details of Antofalla North Project Drilling Plan

Retrieved on: 
Wednesday, May 10, 2023

Lithium Energi Exploration Inc. ( TSXV:LEXI ) (the “Company” or “LEXI”) is pleased to announce that contracts are executed, and the first drill hole in its Antofalla North Project drilling campaign (the “Campaign”) will commence in the next 30 days.

Key Points: 
  • Lithium Energi Exploration Inc. ( TSXV:LEXI ) (the “Company” or “LEXI”) is pleased to announce that contracts are executed, and the first drill hole in its Antofalla North Project drilling campaign (the “Campaign”) will commence in the next 30 days.
  • “Our Campaign team is best-in-class, comprising companies owned and operated by local residents of the province of Catamarca, where the project is located, with past experience operating in the Salar de Antofalla,” noted LEXI CEO Ali Rahman.
  • “This hyper-local knowledge will be critical to ensuring our ability to execute a successful drilling campaign to prove value in our properties and deliver shareholder value.
  • Lithium Energi Exploration, Inc., (TSXV: LEXI), (FSE: L09), (OTC: LXENF), or “LEXI” is an exploration company focused on the acquisition, exploration, and development of lithium brine assets in Argentina.

Lithium Americas Exercises Warrants of Arena Minerals

Retrieved on: 
Monday, November 14, 2022

VANCOUVER, British Columbia, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (Lithium Americas or the Company) announced an exercise of common share purchase warrants (Arena Warrants) of Arena Minerals Inc. (TSX-V: AN) (Arena Minerals) to purchase 14,590,000 common shares of Arena Minerals (Arena Shares) at an exercise price of C$0.25 per Arena Share for aggregate consideration of US$2.7 million (the Warrant Exercise).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (Lithium Americas or the Company) announced an exercise of common share purchase warrants (Arena Warrants) of Arena Minerals Inc. (TSX-V: AN) (Arena Minerals) to purchase 14,590,000 common shares of Arena Minerals (Arena Shares) at an exercise price of C$0.25 per Arena Share for aggregate consideration of US$2.7 million (the Warrant Exercise).
  • Prior to the Warrant Exercise, Lithium Americas beneficially owned 66,226,146 Arena Shares, representing approximately 17.0% of Arena Minerals issued and outstanding share capital on a non-diluted basis, and 21,428,571 Arena Warrants.
  • Following the Warrant Exercise, Lithium Americas beneficially owns 80,816,146 Arena Shares, representing approximately 19.9% of issued and outstanding Arena Shares on a non-diluted basis, and 6,838,571 Arena Warrants.
  • Depending on market conditions and other factors, Lithium Americas may, from time to time, acquire additional securities of Arena Minerals or dispose of some or all of the securities of Arena Minerals that it owns at such time.

Argentina Lithium Continues to Build on Property Positions at the Rincon and Antofalla Salars

Retrieved on: 
Thursday, October 6, 2022

VANCOUVER, BC, Oct. 6, 2022 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce two new option agreements at lithium salars in Argentina.

Key Points: 
  • VANCOUVER, BC, Oct. 6, 2022 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce two new option agreements at lithium salars in Argentina.
  • Nikolaos Cacos, President and CEO, stated "The Rincon and Antofalla salars have been our focus for property acquisitions, for their potential for high-grade lithium resources and their favorable locations.
  • Our new properties represent significant increases to the resource potential for our Rincon West and Antofalla North projects.
  • Argentina Lithium's Rincon West project, located in Salta province, includes both 100% held and optioned properties (see News Release dated July 21, 2022 ).

OTC Markets Group Welcomes Arena Minerals, Inc. to OTCQX

Retrieved on: 
Thursday, June 30, 2022

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Arena Minerals, Inc. (TSX-V: AN; OTCQX: AMRZF), a mineral exploration company, has qualified to trade on the OTCQX Best Market.

Key Points: 
  • NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Arena Minerals, Inc. (TSX-V: AN; OTCQX: AMRZF), a mineral exploration company, has qualified to trade on the OTCQX Best Market.
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities.
  • Our data-driven disclosure standards form the foundation of our three public markets: OTCQX Best Market, OTCQB Venture Market and Pink Open Market.
  • OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

Lithium Americas Increases Strategic Interest in Arena Minerals

Retrieved on: 
Thursday, November 25, 2021

VANCOUVER, British Columbia, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announces that on November 24, 2021 the Company purchased 23,369,003 common shares (the Arena Shares) of Arena Minerals Inc. (TSX-V: AN) (Arena Minerals) at a price of C$0.54 per share throughan alternative market transaction for aggregate consideration of approximately US$10 million (the Purchase).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announces that on November 24, 2021 the Company purchased 23,369,003 common shares (the Arena Shares) of Arena Minerals Inc. (TSX-V: AN) (Arena Minerals) at a price of C$0.54 per share throughan alternative market transaction for aggregate consideration of approximately US$10 million (the Purchase).
  • Following the Purchase, Lithium Americas beneficially owns 66,226,146 common shares of Arena Minerals, representing approximately 18.0% of Arena Minerals issued and outstanding common shares on a non-diluted basis, and 21,428,571 Warrants.
  • The additional investment in Arena Minerals further reinforces Lithium Americas commitment to the region and the Companys long-term resource development plans in Argentina.
  • Arena Minerals Sal de la Puna lithium brine project, together with the immediately adjacent Pastos Grandes lithium brine project owned by Millennial Lithium Corp. (Millennial), provides future optionality in proximity to the Companys Cauchar-Olaroz lithium project, establishing Lithium Americas as a premier lithium brine developer in Argentina.

Argentina Lithium Options Additional Properties at Salar de Antofalla

Retrieved on: 
Wednesday, August 4, 2021

VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ -- Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project"). The Company has entered into an option agreement with a group of three local vendors to earn a 100% interest in three granted mine concession properties totaling 5,380.5 hectares (the "Optioned Properties") situated adjacent to the Company's 9,000 hectares of 100% held claims (the "Staked Properties").

Key Points: 
  • VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ --Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project").
  • Albemarle Corporation, a major lithium producer, stated that its lithium resource in the southern portion of Salar de Antofalla is expected to be certified as the largest in Argentina,"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 less than 20 km west of Argentina's largest lithium producing operation at Salar de Hombre Muerto.
  • 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.

Argentina Lithium Options Additional Properties at Salar de Antofalla

Retrieved on: 
Wednesday, August 4, 2021

VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ -- Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project"). The Company has entered into an option agreement with a group of three local vendors to earn a 100% interest in three granted mine concession properties totaling 5,380.5 hectares (the "Optioned Properties") situated adjacent to the Company's 9,000 hectares of 100% held claims (the "Staked Properties").

Key Points: 
  • VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ --Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project").
  • Albemarle Corporation, a major lithium producer, stated that its lithium resource in the southern portion of Salar de Antofalla is expected to be certified as the largest in Argentina,"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 less than 20 km west of Argentina's largest lithium producing operation at Salar de Hombre Muerto.
  • 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.

Edison Acquires Lithium Brine Claims in South America's Famed Lithium Triangle

Retrieved on: 
Thursday, June 17, 2021

The claims are principally located in the two geologic basins known as the Antofalla Salar and the Pipanaco Salar in South America's famed Lithium Triangle.

Key Points: 
  • The claims are principally located in the two geologic basins known as the Antofalla Salar and the Pipanaco Salar in South America's famed Lithium Triangle.
  • At that time, Albemarle publicly stated its belief that Antofalla has the third largest lithium brine reservoir in the world.
  • This vast block of lithium claims creates what management believes are to be a very impressive entry point for EDDY as we enter the burgeoning lithium sector," stated Nathan Rotstein, CEO of Edison.
  • We believe this strongly positions the Company as a lithium player in South America's famed lithium triangle, during an energy metals commodities bull cycle.