Salar de Rincon; Salta province, Argentina
Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY1, OTC: PNXLF) seems to be capitalizing nicely on the unstoppable all time high lithium prices, as it is raising significant amounts of cash at the moment, currently standing at C$4.99M and not done yet. The proceeds will be used for new exploration programs on their various LatAm lithium projects. The company already owns several early stage lithium projects in Argentina, and recently signed an option agreement to acquire two more projects in the same country, the Rincon West and Pocitos properties in the Salta Province.
All pictures are company material, unless stated otherwise.
All currencies are in US Dollars, unless stated otherwise.