The RB Milestone Group has put out an excellent – and exhaustive – report on Argentina Lithium (V.LIT). Not only does it discuss the company in depth, it also provides an broad overview of the lithium business and doing business in Argentina. Well worth reading:
VANCOUVER, British Columbia, Jan. 03, 2018 (GLOBE NEWSWIRE) — Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF), “Argentina Lithium” or the “Company”) is pleased to provide an update with respect to the completion of its private placement (the “Private Placement”). This Private Placement was announced November 21, 2017 and completion of the 1st Tranche was announced on December 21, 2017. The Company anticipates closing the 2nd and final Tranche during the week of January 15, 2018.
Vancouver, BC / Marketwired / December 12, 2017 / Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY1 (WKN: A0RK7E), OTC: PNXLF), “Argentina Lithium” or the “Company”) is pleased to announce it has increased the warrant expiry from one (1) year to two (2) years. The Company announced a non-brokered private placement financing of up to 10,000,000 units at a price of $0.33 per unit for gross proceeds of $3,300,000 on November 21, 2017.
Twenty five years ago Argentina liberalized its business and mining rules. At the time the mineral rich nation had barely been explored using modern techniques. A fact which Joe Grosso was very much aware of. He set out to explore in Argentina and, over the years, made three major discoveries and was named Argentina’s ‘Mining Man of The Year’ in 2005. Joe Grosso is the founding force behind Argentina Lithium (V.LIT).
“Argentina Lithium (V.LIT) is a member of the accomplished Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993. 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 group’s repeated successes and resulting deep connections to the mining industry of Argentina mean they are able to progress with far greater ease than any newcomers.
I am in the middle of writing up an interview with Argentina Lithium’s (T.LIT) CEO Niko Cacos. Strategic Metals and Rare Earths International, a newsletter published from Amsterdam has put out a “special situation” report on Argentina Lithium. This sort of in-depth background material is just what an investor needs to do due diligence before investing.