Argentina Lithium Provides Update on Non-Brokered Private Placement

January 3, 2018
VANCOUVER, British Columbia, Jan. 03, 2018 (GLOBE NEWSWIRE) -- *Argentina Lithium & Energy Corp. *(TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF)*, “Argentina Lithium” or the “Company”)* is pleased to provide an update with respect to the completion of its private placement (the “Private Placement”).  This Private Placement was announced November 21, 2017 and completion of the 1^st Tranche was announced on December 21, 2017. The Company anticipates closing the 2^nd and final Tranche during the week of January 15, 2018.The proceeds of the financing will be used for exploration programs on the Company’s projects in Argentina and for general working capital.

This financing is subject to regulatory approval and all securities to be issued pursuant to the financing are subject to a four-month hold period from the date of issue.


“Nikolaos Cacos”
Nikolaos Cacos, President, CEO and Director

For further information please contact:
Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058

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.

Recent related news

Coro Mining Corp (TSE:COP) announced Tuesday that it has arranged a comprehensive C$46.7mln financing plan, comprising a closed premium non-brokered C$13.2mln...
1 week ago • Proactive Investors

Life sciences company VolitionRx Ltd (NYSEAMERICAN:VNRX) announced Wednesday that it was raising around US$9mln in a private placement. The investors were not...
1 week ago • Proactive Investors

You might like