Argentina Lithium Plans Private Placement to Raise C$4.3 Million

Argentina Lithium & Energy Corp., a company listed on the TSX Venture Exchange, has entered into an agreement with Red Cloud Securities Inc. for a brokered private placement. This offering aims to raise up to C$4.3 million by selling up to 26,060,607 units at C$0.165 per unit. Each unit includes one common share and one warrant, allowing the purchase of an additional share at C$0.225 within three years of the closing date.

The company has granted an option for additional units, potentially increasing proceeds by C$500,000. Funds will support exploration of the Rincon West lithium project in Argentina and general corporate purposes. The offering expects to close by February 17, 2026, pending regulatory approvals. Units will be available in Canada and under private placement in the U.S. under relevant exemptions.