Argentina Lithium Appoints Vice President Corporate Development

Rhea-AI Summary

Argentina Lithium & Energy Corp. (TSXV: LIT, FSE: OAY3, OTCQX: LILIF) has appointed Pompeyo Gallardo as Vice President Corporate Development. With 29 years of experience in corporate finance, Mr. Gallardo brings expertise in project structuring, financing, and various financial instruments. His background includes roles as a Financial Analyst at CIBC, Senior Credit Risk Management at Scotiabank, and CFO and Corporate Finance consultant at Red Cloud Securities. The company's CEO, Nikolaos Cacos, expressed enthusiasm about the appointment, highlighting Gallardo's extensive capital markets and finance experience as valuable for Argentina Lithium's growth plans.

Positive

• Appointment of experienced VP Corporate Development with 29 years in corporate finance
• New VP brings expertise in project structuring and financing, potentially beneficial for company growth
• Addition of senior executive with background in major financial institutions and mining industry

Negative

• None.

TSX Venture Exchange: LIT
Frankfurt Stock Exchange: OAY3
OTCQX Venture Market: LILIF

VANCOUVER, BC, Aug. 9, 2024 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQX: LILIF), ("Argentina Lithium" or the "Company") is pleased to announce the appointment of Mr. Pompeyo Gallardo as Vice President Corporate Development of the Company.

Mr. Gallardo has 29 years experience in corporate finance. He is highly skilled in project structuring and project financing, with emphasis in joint venture transactions, metal streams, royalties, off-takes, metal pre-paids, and other forms of unconventional debt. Mr. Gallardo has provided CFO and Corporate Development consulting services to several companies in the junior mining industry in Canada, with stress in companies with exposure in Latin American projects. Mr. Gallardo is also a former Financial Analysist at the Canadian Imperial Bank of Commerce and had held a Senior Credit Risk Management position at Scotiabank, International Banking. He is also a former CFO and Corporate Finance consultant at Red Cloud Klondike Strike, now Red Cloud Securities.

Nikolaos Cacos, President and CEO, commented: "We are delighted to welcome Pompeyo as VP Corporate Development. He constitutes a great addition to our team, bringing his vast capital markets and finance experience to our growth plans execution efforts to move forward Argentina Lithium & Energy to the next level."

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 recent strategic investment 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 67,000 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/argentina-lithium-appoints-vice-president-corporate-development-302218561.html

SOURCE Argentina Lithium & Energy Corp.

FAQ

Who is the new Vice President Corporate Development of Argentina Lithium & Energy Corp (LILIF)?

Pompeyo Gallardo has been appointed as the new Vice President Corporate Development of Argentina Lithium & Energy Corp (LILIF).

What is Pompeyo Gallardo's experience in the finance industry?

Pompeyo Gallardo has 29 years of experience in corporate finance, with expertise in project structuring, financing, and various financial instruments. He has worked at CIBC, Scotiabank, and Red Cloud Securities.

How might Pompeyo Gallardo's appointment impact Argentina Lithium & Energy Corp (LILIF)?

Gallardo's extensive experience in capital markets and finance is expected to contribute to Argentina Lithium's growth plans and help move the company forward to the next level.

What are some of Pompeyo Gallardo's areas of expertise relevant to Argentina Lithium (LILIF)?

Gallardo is skilled in project structuring, project financing, joint venture transactions, metal streams, royalties, off-takes, metal pre-paids, and unconventional debt forms, which could be valuable for Argentina Lithium's development.