TSX Venture Exchange (TSX-V):

LIT


Frankfurt Stock Exchange (FSE):

OAY3


OTCQB Venture Market (OTC):

PNXLF

VANCOUVER, BC


,


March 16, 2022


/PRNewswire/ –

Argentina Lithium & Energy Corp.

(TSXV: LIT) (FSE: OAY3) (OTC: PNXLF)

, (“Argentina Lithium” or the “Company”)

is pleased to announce that further to its news releases of

September 28, 2021

and

October 14, 2021

, the Company has received TSX Venture Exchange (”

TSXV

“) approval of the Definitive Agreement (the ”

Agreement

“) with the vendors. The terms of the Agreement remain the same as were disclosed in the

September 28, 2021

news release. For added clarity, any future share issuances will be issued at a deemed price per share equal to the greater of a volume-weighted average price calculation and

CDN$0.218

per shares.

“Now that we’ve received TSXV approval, we can begin our exploration and drilling program. These properties hold exceptional lithium discovery potential


,”

stated

Nikolaos Cacos

, President and C.E.O.

About Argentina Lithium



Argentina Lithium & Energy

Corp

is focused on acquiring high quality lithium projects in

Argentina

, and advancing them towards 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 world renowned “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.