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Argentina Lithium Appoints PI Financial as Market Maker

·1 min read

VANCOUVER, BC, Aug. 29, 2022 /CNW/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it has retained PI Financial Corp. ("PI") to provide market making services in accordance with TSX Venture Exchange policies.

Argentina Lithium & Energy Logo (CNW Group/Argentina Lithium & Energy Corp.) (CNW Group/Argentina Lithium & Energy Corp.)
Argentina Lithium & Energy Logo (CNW Group/Argentina Lithium & Energy Corp.) (CNW Group/Argentina Lithium & Energy Corp.)

PI will trade the securities of the Company on the TSX-V for the purposes of maintaining an orderly market. In consideration of the services provided by PI, the Company will pay PI a monthly cash fee of $4,000 for minimum term of three months and renewable thereafter.  The Company and PI are unrelated and unaffiliated entities.  PI will not receive shares or options as compensation and does not hold any shares in the Company for long term investment purposes for the benefit of PI Financial.  The capital used for market making will be provided by PI.

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 "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.

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View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/29/c3513.html