Argentina Lithium & Energy Corp. - PNXLF STOCK NEWS

Argentina Lithium & Energy Corp (OTC: PNXLF) announced positive lithium brine results from its Rincon West Project in Salta Province, Argentina. Notably, a section measuring 178 meters showed lithium concentrations between 241 to 340 mg/l from a recent drill hole. These results confirm the continuity of lithium brine in the region and support initial geophysical interpretations. The drill program has successfully identified conductive brine aquifers, increasing confidence in future drilling activities. The project covers 3,742.8 hectares and is adjacent to Rio Tinto's Rincon Project. The results from two drill holes (RW-DDH-007 and RW-DDH-008) are detailed, with analytical results pending from the final hole. The company aims to meet the growing lithium demand in the battery sector.

Argentina Lithium & Energy Corp. (OTC: PNXLF) announced the engagement of Michael Baybak and Company, Inc. for investor relations services. Starting January 1, 2023, the consultancy will receive a monthly fee of US$7,000 through June 30, 2023. Additionally, the Consultant's President was granted 50,000 stock options at an exercise price of $0.35 per share, valid for five years. Argentina Lithium focuses on acquiring lithium projects in Argentina to meet global battery sector demands.

Argentina Lithium & Energy Corp. (TSXV: LIT) (OTC: PNXLF) will present at the Emerging Growth Conference on February 8, 2023 at 3:10 PM Eastern time. This online event allows shareholders and the investment community to interact with VP Exploration Miles Rideout in real time, including a presentation followed by a Q&A session. Questions can be submitted in advance. An archived webcast will be available after the event. Argentina Lithium focuses on acquiring high-quality lithium projects in Argentina to meet global battery demand and is part of the Grosso Group.

Argentina Lithium and Energy Corp. (OTCQB:PNXLF) announced positive results from its Rincon West Project in Salta Province, Argentina, highlighting a significant 153-meter interval with lithium brine values ranging from 329 to 393 mg/L from its sixth drill hole. The company controls over 64,000 hectares across four salars within the Lithium Triangle, which is responsible for about 50% of global lithium production. Rincon West is currently permitted for up to nine exploration drill holes, with notable core and brine sampling from recent drilling operations. Shares are currently trading at $0.38.

Argentina Lithium & Energy Corp. (OTC: PNXLF) reported significant lithium brine values at its Rincon West Project in Salta Province, Argentina. The sixth diamond drill hole, RW-DDH-006, revealed an impressive 153 m interval with lithium concentrations ranging from 329 to 393 mg/l, marking the best interval to date. This hole is located 960 m from earlier successful intersections, confirming the extensive presence of concentrated lithium brines. Plans include drilling two additional holes to further explore the brine aquifer. The project spans 3742.8 hectares and is permitted for up to nine exploration drill holes, indicating ongoing commitment to resource exploration.

Argentina Lithium & Energy Corp. (OTC: PNXLF) has appointed Martin Burian to its board of directors. With over 30 years in investment banking specializing in mining, Burian's experience is expected to strengthen the company’s financial strategies. He currently serves as Managing Director at RCI Capital Group. Additionally, the company has granted 300,000 incentive stock options to various stakeholders, with each option allowing the purchase of shares at $0.35, expiring on January 16, 2028. This move aims to enhance the management team as Argentina Lithium continues to pursue high-quality lithium projects.

Argentina Lithium & Energy Corp. (OTC: PNXLF) has granted 8,016,000 incentive stock options to its directors, officers, employees, and consultants. These options are valid for five years, expiring on December 8, 2027, at an exercise price of $0.35 per share. Subject to a four-month hold period and TSX Venture Exchange approval, this move aims to strengthen the company's commitment to key stakeholders. Argentina Lithium focuses on developing lithium projects to meet the rising global battery demand, leveraging its experienced management team in the Lithium Triangle.

Argentina Lithium & Energy Corp. (PNXLF) announced promising results from the third and fourth diamond drill holes at its Rincon West Project in Argentina. The fourth hole delivered the best results to date, with lithium values ranging from 334 to 382 mg/litre over a 132 m interval, while the third hole showed lower grades. The project area encompasses 3742.8 hectares, and drilling continues with a fifth hole nearing completion. The company is focused on delineating the brine aquifer further. Overall, these results highlight the significant lithium potential of the region.