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Argentina Lithium Announces Voting Results

On June 16, 2021, Argentina Lithium & Energy Corp. held its Annual General & Special Meeting, where shareholders elected three directors, including incumbent Joseph Grosso and Nikolaos Cacos, with Darren Urquhart joining the Board.

(Moderate)

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Rhea-AI Summary

On June 16, 2021, Argentina Lithium & Energy Corp. held its Annual General & Special Meeting, where shareholders elected three directors, including incumbent Joseph Grosso and Nikolaos Cacos, with Darren Urquhart joining the Board. A total of 17,158,240 shares were voted, representing 39.87% of the outstanding shares. All resolutions received strong support from shareholders, reflecting confidence in the Company's direction as it focuses on lithium projects in Argentina to cater to the growing battery sector demand.

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Positive

  • All resolutions received strong support from shareholders.
  • Incumbent directors re-elected, indicating confidence in leadership.
  • Focus on lithium projects in Argentina aligns with growing global demand from the battery sector.

Negative

  • None.
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TSX Venture Exchange (TSX-V): LIT
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market (OTC): PNXLF

VANCOUVER, BC, June 18, 2021 /PRNewswire/ - Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") announces that at the Annual General & Special Meeting of shareholders held on June 16, 2021, each of the 3 nominees listed in the management information circular filed on May 18, 2021 with regulatory authorities were elected as directors of the Company. 17,158,240 shares were voted representing 39.87% of the outstanding shares of the Company.

The Company is pleased to announce all resolutions received support from our shareholders at the meeting. Incumbent directors Joseph Grosso and Nikolaos Cacos were re-elected and Darren Urquhart was elected to the Board of Directors of the Company.

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 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.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/argentina-lithium-announces-voting-results-301315206.html

SOURCE Argentina Lithium & Energy Corp.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were the results of the recent Argentina Lithium & Energy Corp. shareholder meeting?

During the June 16, 2021 meeting, shareholders elected all three nominees as directors, with 39.87% of outstanding shares voting.

Who were elected to the Board of Directors of Argentina Lithium & Energy Corp.?

Joseph Grosso, Nikolaos Cacos, and Darren Urquhart were elected to the Board.

What is the significance of the shareholder meeting for PNXLF?

The meeting shows strong shareholder support for the company's direction and leadership.

What is Argentina Lithium & Energy Corp. focusing on?

The company is focused on acquiring and advancing lithium projects in Argentina to meet the battery sector's growing demand.

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