Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Argentina Lithium & Energy (LIT) has entered into three new option agreements to acquire a 100 per cent interest in 10,364 hectares of new properties
  • Argentina Lithium President & CEO Nikolaos Cacos sat down with Dave Jackson to discuss the news
  • Argentina Lithium can acquire a 100 per cent interest in the 1,602 hectare “El Pidio GIII” property
  • Argentina Lithium can also acquire a 100 per cent interest in the Aguamarga 11 and Aguamarga 16 properties and 100 per cent interest in five properties at the Pocitos Salar
  • Argentina Lithium & Energy Corp (LI) is focused on acquiring high-quality lithium projects in Argentina
  • Argentina Lithium & Energy Corp. (LIT) opened trading at C$0.47 per share

Argentina Lithium & Energy (LIT) is expanding its holdings at the Pocitos Salar, at the heart of Argentina’s world-renowned Lithium Triangle.

The company’s holdings in this salar now total over 26,000 hectares.

Argentina Lithium President & CEO Nikolaos Cacos sat down with Dave Jackson to discuss the news.

The company and its Argentinian subsidiary, Argentina Litio y Energía S.A. have entered into three new option agreements with local vendors to acquire a 100 per cent interest in 10,364 hectares of new properties. 

Argentina Lithium can acquire a 100 per cent interest in the 1,602 hectare “El Pidio GIII” property in the southeast of the Pocitos Basin pursuant to an option agreement dated January 3, 2022.

Argentina Lithium can acquire a 100 per cent interest in the Aguamarga 11 and Aguamarga 16 properties, totalling 7000 hectares in the eastern flank of the Pocitos Basin pursuant to an option agreement dated January 3, 2022. 

The third agreement dated January 6, 2022, gives Argentina Lithium the option to earn a 100 per cent interest in five properties totalling approximately 1,762 hectares at the Pocitos Salar.

Argentina Lithium & Energy Corp (LI) 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 & Energy Corp. (LIT) opened trading at C$0.47 per share.

More From The Market Herald

" Top 5 Stories of the Week: Empower Clinics (CSE:CBDT), Eat Well Group (CSE:EWG), Tocvan Ventures (CSE:TOC), Mullen Group (TSX:MTL), EasTower Wireless (TSXV:ESTW)

With inflation reaching 7.7 per cent in May, the highest in 40 years, recessionary fears are running rampant.

" @ the Bell: Summer blues for TSX, Wall Street sees worst half since 1970

On the last day before the Canada Day long weekend, the TSX finished lower by triple digits in broad-based decline as commodity prices

" Top 5 Stories of the Week: Baselode Energy Corp. (TSXV:FIND), Green River Gold (CSE:CCR), Mantaro Precious Metals (TSXV:MNTR), Granite Creek Copper (TSXV:GCX), Tocvan Ventures (CSE:TOC)

As the first half of 2022 draws to an end, the news about inflation and the stock market performance has not given investors

" This Company is Discovering More Gold in Ecuador, with its Copper Story Just Starting

While gold production in countries such as Peru, — which is South America’s leading gold producer — Brazil, Colombia, Bolivia and Argentina dominate