The TSX Venture Exchange has accepted for filing documentation pertaining to addenda 4 to an exploration and option to purchase agreement dated July 16, 2025, to the original exploration and option to purchase agreement dated March 31, 2022, and its amendments dated March 31, 2022, Sept. 24, 2024, and March 10, 2025, between a wholly owned subsidiary of Argentina Lithium & Energy Corp. and an arm's-length party. Pursuant to the terms of the agreement, the company may acquire a 100-per-cent interest in three granted mine concession properties totaling 5,411 hectares in the salar de Antofalla in Catamarca province, Argentina. The agreement provides amendments to the payment and investment schedule under the agreement, in which the company will make a total cash payment of $2.12-million (U.S.) and issue $100,000 (U.S.) in shares, up to a maximum of 2,396,000 shares at a deemed price of six cents to the optionor, and make a total investment of $6-million (U.S.) in the properties over the next two years. The property is subject to a 2-per-cent net smelter return (NSR) royalty in favour of the optionor and the issuer has an option to purchase 100 per cent of the NSR royalty for $3-million (U.S.).
For further details, please refer to the company's news release dated Aug. 13, 2025.
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