VANCOUVER, BC, Jan. 16,
2023 /CNW/ - Argentina Lithium & Energy
Corp. (TSXV: LIT) (FSE: OAY3) (OTC:
PNXLF), ("Argentina Lithium" or the
"Company") announces that the Company has appointed
Martin Burian to its board of
directors. Mr. Burian holds ICD.D (Institute of Corporate
Directors) and Chartered Professional Accountant
designations. He has a 30-year career in investment banking to
the mining sector, is currently Managing Director at RCI Capital
Group and held similar senior positions at Haywood Securities,
Bolder Investment Partners and Canaccord Capital. He is an
independent member of several other public company boards. Mr.
Burian's early career was with KPMG where he obtained his CPA and
CBV designations.
"We are extremely pleased to welcome Martin to Argentina
Lithium's board of directors", said Nikolaos Cacos, President and C.E.O. "His
extensive experience in mining investment banking will inject a
high level of financial acumen and deal making expertise to the
Company's existing broad skill sets."
The Company further announces that it has granted 300,000
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 January 16, 2028, 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.