TSX Project Change (TSX-V): LIT
Frankfurt Reserve Change (FSE): OAY3
OTCQB Project Marketplace: LILIF
VANCOUVER, BC, July 23, 2025 /PRNewswire/ – Argentina Lithium & Power Corp. (TSXV: LIT) (FSE: OAY3) (OTCQB: LILIF), (“Argentina Lithium” or the “Company”) is happy to announce that it has entered into an modification to a prior to now introduced choice assurance (the “Amendment“). The Modification modifies the fee time table and establishes the price of stocks the Corporate is obligated to factor pursuant to the workout of the choice beneath the choice assurance.
On September 20, 2022, Argentina Litio Y Energia S.A., an entirely owned subsidiary of the Corporate (“ALE“), entered into an choice assurance (the “Paso de Sico Option Agreement“) with 9 particular person optionors (the “Paso de Sico Optionors” and, along side ALE, the “Paso de Sico Parties“). The Paso de Sico Possibility Pledge accommodates an choice for ALE to procure a 100% pastime in 4 contiguous mine concessions totaling 791.3 hectares on the Salar de Rincon from the Paso de Sico Optionors (the “Paso de Sico Option“). To workout the Paso de Sico Possibility, ALE will have to produce money bills to the Paso de Sico Optionors totaling US$1,500,000 paid over 3 years. On March 25, 2025, the Paso de Sico Events entered right into a 2nd addendum to the Paso de Sico Pledge (the “Second Addendum“) amending the due era of the 5th and ultimate money fee of US$418,000 from March 31, 2025 to September 30, 2025 in change for ALE agreeing to pay the Paso de Sico Optionors an extra US$41,800 extension rate (the “Extension Fee“). Matter to the commendation of the TSX-V and pursuant to the phrases of the Modification, the Corporate intends to pay the Extension Price through issuing an combination of 995,954 stocks of the Corporate to the Paso de Sico Optionors at a worth of $0.06 in keeping with percentage the use of the Storehouse of Canada change price of one.4296 (USD/CAD) as at March 25, 2025, being the era of the 2d Addendum.
About Argentina Lithium
Argentina Lithium & Power Corp is involved in obtaining prime attribute lithium tasks in Argentina and advancing them in opposition to manufacturing to bring to fulfill the rising international call for from the battery sector. The Corporate’s strategic investment through Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the most international’s chief automakers, playgrounds Argentina Lithium in a novel place to discover, manufacture and go its 4 key tasks protecting over 70,000 hectares within the Lithium Triangle of Argentina. Control has a protracted historical past of good fortune within the useful resource sector of Argentina and has assembled one of the maximum potential lithium homes on this planet famend “Lithium Triangle”. The Corporate is a member of the Grosso Crew, a useful resource control crew that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
“Nikolaos Cacos”
_______________________________
Nikolaos Cacos, President, CEO and Director
For additional data, please touch:
Company Communications
Tel: 1-604-687-1828
Toll-Distant: 1-800-901-0058
E mail: [email protected]
Neither TSX Project Change nor its Law Services and products Supplier (as that time period is outlined in insurance policies of the TSX Project Change) accepts duty for the adequacy or accuracy of this loose.
This information loose accommodates positive statements and knowledge that can be regarded as “forward-looking statements” and “forward-looking information” inside the which means of appropriate securities rules. In some circumstances, however no longer essentially in all circumstances, forward-looking statements and forward-looking data will also be known through the importance of forward-looking terminology akin to “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or permutations of such phrases and words or statements that positive movements, occasions or effects “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and alternative indistinguishable expressions. As well as, statements on this information loose that don’t seem to be historic details are ahead browsing statements, together with, with out limitation, the Corporate’s expectation that it is going to meet the necessities of the TSX Project Change vital to factor stocks pursuant to the Amelia Possibility Pledge and the Paso de Sico Possibility Pledge and the Corporate’s industry technique, plans and outlooks.
There will also be incorrect promise that such statements will turn out to be correct, and latest effects and month occasions may fluctuate materially from the ones expected in such statements. Notable components that might reason latest effects to fluctuate materially from the Corporate’s expectancies come with: the danger that the vital regulatory approvals is probably not acquired, together with the commendation of the Change; dangers related to the industry of the Corporate; industry and financial statuses within the mining business typically; and alternative possibility components as striking from age to age within the Corporate’s steady disclosure paperwork filed with Canadian securities regulators. The Corporate does no longer adopt to replace any forward-looking data, aside from according to appropriate securities rules.
We suggest U.S. traders that the SEC’s mining tips strictly prevent data of this kind in paperwork filed with the SEC. U.S. traders are cautioned that mineral deposits on adjoining homes don’t seem to be indicative of mineral deposits on our homes.
SOURCE Argentina Lithium & Power Corp.
