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Argentina Lithium Enters into Amendment to Amelia Option Agreement

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Argentina Lithium & Energy Corp. (OTCQB: LILIF) has announced a fourth amendment to its Amelia Option Agreement, setting the share price for option payments. The agreement, through subsidiary Argentina Litio Y Energia S.A., grants the option to acquire a 100% interest in 5,411 hectares of mine concessions in the Salar de Antofalla, Catamarca Province, Argentina.

The modified payment schedule requires cash payments totaling US$2.12 million between December 2025 and June 2027. Additionally, the company must invest US$2 million in 2026 and US$4 million in 2027 in the properties. The amendment includes issuing company shares worth US$100,000 at $0.06 per share, subject to TSX-V approval.

Argentina Lithium & Energy Corp. (OTCQB: LILIF) ha annunciato una quarta modifica all'Amelia Option Agreement, fissando il prezzo delle azioni per i pagamenti legati all'opzione. L'accordo, tramite la controllata Argentina Litio Y Energia S.A., concede l'opzione di acquisire un interesse del 100% su 5.411 ettari di concessioni minerarie nel Salar de Antofalla, provincia di Catamarca, Argentina.

Il piano di pagamento modificato prevede pagamenti in contanti per un totale di US$2.12 million tra dicembre 2025 e giugno 2027. Inoltre la società dovrà investire US$2 million nel 2026 e US$4 million nel 2027 nelle proprietà. L'emendamento include anche l'emissione di azioni per un valore di US$100,000 a $0.06 per azione, subordinata all'approvazione della TSX-V.

Argentina Lithium & Energy Corp. (OTCQB: LILIF) ha anunciado una cuarta enmienda al Amelia Option Agreement, estableciendo el precio por acción para los pagos de la opción. El acuerdo, a través de su subsidiaria Argentina Litio Y Energia S.A., otorga la opción de adquirir un interés del 100% en 5,411 hectáreas de concesiones mineras en el Salar de Antofalla, provincia de Catamarca, Argentina.

El cronograma de pagos modificado exige pagos en efectivo por un total de US$2.12 million entre diciembre de 2025 y junio de 2027. Además, la compañía debe invertir US$2 million en 2026 y US$4 million en 2027 en las propiedades. La enmienda incluye la emisión de acciones por un valor de US$100,000 a $0.06 por acción, sujeta a la aprobación de la TSX-V.

Argentina Lithium & Energy Corp. (OTCQB: LILIF)� Amelia Option Agreement� � 번째 수정안을 발표하고 옵션 지급을 위한 주당 가격을 정했습니�. � 계약은 자회� Argentina Litio Y Energia S.A.� 통해 Salar de Antofalla(아르헨티� 카타마르카주)� 있는 5,411헥타르의 광산권에 대� 100% 지�� 취득� � 있는 옵션� 부여합니다.

수정� 지� 일정은 2025� 12월부� 2027� 6� 사이� � US$2.12 million� 현금 지�� 요구합니�. 또한 회사� 해당 자산� 2026년에 US$2 million, 2027년에 US$4 million� 투자해야 합니�. � 개정안에� 주당 $0.06� � US$100,000 상당� 주식 발행� 포함되며, 이는 TSX-V� 승인� 조건으로 합니�.

Argentina Lithium & Energy Corp. (OTCQB: LILIF) a annoncé un quatrième avenant à son Amelia Option Agreement, fixant le prix de l'action pour les paiements liés à l'option. L'accord, via sa filiale Argentina Litio Y Energia S.A., accorde l'option d'acquérir un intérêt de 100% sur 5 411 hectares de concessions minières dans le Salar de Antofalla, province de Catamarca, Argentine.

Le calendrier de paiement modifié exige des paiements en espèces totalisant US$2.12 million entre décembre 2025 et juin 2027. De plus, la société doit investir US$2 million en 2026 et US$4 million en 2027 dans les propriétés. L'avenant prévoit également l'émission d'actions pour une valeur de US$100,000 à $0.06 par action, sous réserve de l'approbation de la TSX-V.

Argentina Lithium & Energy Corp. (OTCQB: LILIF) hat eine vierte Änderung des Amelia Option Agreement angekündigt und den Aktienpreis für Optionszahlungen festgelegt. Die Vereinbarung gewährt über die Tochtergesellschaft Argentina Litio Y Energia S.A. die Option, ein 100%-Anteil an 5.411 Hektar Bergbaurechten im Salar de Antofalla, Provinz Catamarca, Argentinien, zu erwerben.

Der geänderte Zahlungsplan sieht Barzahlungen in Höhe von insgesamt US$2.12 million zwischen Dezember 2025 und Juni 2027 vor. Zusätzlich muss das Unternehmen US$2 million im Jahr 2026 und US$4 million im Jahr 2027 in die Liegenschaften investieren. Die Änderung umfasst auch die Ausgabe von Gesellschaftsanteilen im Wert von US$100,000 zu $0.06 pro Aktie, vorbehaltlich der Genehmigung durch die TSX-V.

Positive
  • Option to acquire 100% interest in substantial 5,411 hectares of lithium-prospective land
  • Structured payment schedule spread over multiple years improves cash flow management
  • Significant planned investment of US$6 million demonstrates commitment to property development
Negative
  • Substantial cash payment obligations totaling US$2.12 million required by 2027
  • Additional share issuance will result in dilution for existing shareholders
  • Significant capital investment requirements of US$6 million by 2027

TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market: LILIF

VANCOUVER, BC, Aug. 13, 2025 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQB: LILIF), ("Argentina Lithium" or the "Company") is pleased to announce that it has entered into an amendment (the "Fourth Addendum") to a previously announced option agreement (the "Amelia Option Agreement"). The Fourth Addendum sets the value of the Option Shares (as defined below) to be issued pursuant to the Amelia Option Agreement. 

On March 31, 2022, Argentina Litio Y Energia S.A., a wholly owned subsidiary of the Company ("ALE"), entered into the Amelia Option Agreement with an individual optionor (the "Amelia Optionor"). The Amelia Option Agreement grants ALE the option (the "Amelia Option") to acquire a 100% interest in three granted mine concession properties totaling 5,411 hectares in the Salar de Antofalla in Catamarca Province, Argentina (the "Amelia Properties").

On March 10, 2025, the parties amended the Amelia Option Agreement (the "Third Addendum") to modify the payment and investment schedule under the agreement. To exercise the Amelia Option, ALE must make the following cash payments to the Amelia Optionor:

  • US$400,000 by December 31, 2025,
  • US$500,000 by June 30, 2026,
  • US$600,000 by December 31, 2026, and
  • US$620,000 by June 30, 2027.

In addition, ALE must invest US$2,000,000 in the Amelia Properties during the calendar year 2026 and US$4,000,000 during the calendar year 2027.

Pursuant to the Fourth Addendum, the Company must also issue the equivalent number of Company shares (the "Option Shares") having a value of US$100,000 to the Amelia Optionor at a price of $0.06 per share using the Bank of Canada exchange rate of $1.4376 (CAD/USD) as at March 31, 2025, being the date of the Third Addendum. The issuance of the Option Shares is subject to the approval of the TSX-V.

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 Company's  by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 70,000 hectares in the Lithium Triangle of Argentina. Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective 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.

This news release contains certain statements and information that may be considered "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as "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 variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, without limitation, the Company's expectation that it will meet the requirements of the TSX Venture Exchange necessary to issue shares pursuant to the Amelia Option Agreement, the Company's ability to make the future cash payments and investments required under the Amelia Option Agreement and the Company's business strategy, plans and outlooks.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include: the risk that the necessary regulatory approvals will not be obtained, including the approval of the Exchange; risks associated with the business of the Company; business and economic conditions in the mining industry generally; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities regulators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

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SOURCE Argentina Lithium & Energy Corp.

FAQ

What are the terms of Argentina Lithium's (LILIF) Amelia Option Agreement amendment?

The amendment requires cash payments of US$2.12 million through June 2027, investments of US$6 million in the properties by 2027, and share issuance worth US$100,000 at $0.06 per share.

How many hectares does the Amelia Properties option cover for Argentina Lithium (LILIF)?

The Amelia Properties option covers 5,411 hectares of mine concessions in the Salar de Antofalla, Catamarca Province, Argentina.

What is the investment schedule for Argentina Lithium (LILIF) in the Amelia Properties?

Argentina Lithium must invest US$2 million during 2026 and US$4 million during 2027 in the Amelia Properties.

What is the cash payment schedule for Argentina Lithium's Amelia Option?

The cash payment schedule includes US$400,000 by December 2025, US$500,000 by June 2026, US$600,000 by December 2026, and US$620,000 by June 2027.

How many shares will Argentina Lithium (LILIF) issue under the Fourth Addendum?

Argentina Lithium will issue shares worth US$100,000 at $0.06 per share, using a CAD/USD exchange rate of 1.4376, subject to TSX-V approval.
Argentina Lithium & Energy Cor

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