VANCOUVER, BC, Dec. 9, 2022
/CNW/ - Argentina Lithium & Energy Corp. (TSXV:
LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the
"Company") announces that it has granted 8,016,000
incentive stock options (the "Options") to directors,
officers, employees and consultants of the Company. The Options are
set for a period of five years, expiring on December 8, 2027, and each Option will allow the
holder to purchase a common share of the Company at a price of
$0.35. The Options are subject to a 4
month hold period from the date of grant and to TSX Venture
Exchange approval.
About Argentina Lithium
Argentina Lithium & Energy Corp is focused on acquiring high
quality lithium projects in Argentina and advancing them toward production
in order to meet the growing global demand from the battery sector.
The management group has a long history of success in the resource
sector of Argentina and has
assembled a first-rate team of experts to acquire and advance the
best lithium properties in the "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.
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SOURCE Argentina Lithium & Energy Corp.