Lithium Chile Announces 2022 Warrants Extended
TSX Venture Exchange: LITH For Immediate Release OTC-QB: LTMCF
CALGARY, ALBERTA, January 12, 2024 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it intends to extend the expiry date of an aggregate of 5,774,279 outstanding common share purchase warrants ("Warrants") issued by the Company as part of a unit of the Company in connec�on with a non-brokered private placement announced on December 21, 2021, and further amended on January 24, 2022. The Company proposes to extend the expiry date of the Warrants to June 30, 2024 (the "Extension").
The Extension is subject to approval by the TSX Venture Exchange (the "TSXV"). The Company intends to issue an updated news release upon receipt, if any, of the Warrant Extension Approval.
The securi�es being offered have not been, nor will they be, registered under the United States Securi�es Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registra�on or an applicable exemp�on from the registra�on requirements. This news release will not cons�tute an offer to sell or the solicita�on of an offer to buy nor will there be any sale of the securi�es in any state in which such offer, solicita�on or sale would be unlawful.
ABOUT LITHIUM CHILE:
Lithium Chile is an explora�on and lithium resource company with a property por�olio consis�ng of 111,978 hectares in Chile and 29,245 hectares in Argen�na. The Company has filed its NI 43-101 Report and Preliminary Economic Assessment, which can be viewed on the Company’s profile at SedarPlus.ca
Lithium Chile also owns 4 proper�es, totaling 21,329 hectares, that are prospec�ve for gold, silver and copper. Explora�on efforts are con�nuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.
Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB under the symbol “LTMCF”.
To find out more about Lithium Chile, please contact Steven Cochrane, President and CEO via email: [email protected] or Michelle DeCecco, Vice President and COO, via email [email protected].
FORWARD LOOKING STATEMENTS:
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
NOT FOR RELEASE IN THE UNITED STATES
This news release may contain certain forward-looking informa�on and forward-looking statements within the meaning of applicable securi�es legisla�on (collec�vely "forward-looking statements"). Generally, forward-looking statements can be iden�fied by the use of forward-looking terminology such as "expected", "an�cipated", "aims to", "plans to" or "intends to" or varia�ons of such words and phrases or statements that certain ac�ons, events or results "will" occur. Such forward-looking statements are based on various assump�ons and factors that may prove to be incorrect, including, but not limited to, factors and assump�ons with respect to: the general stability of the economic and poli�cal environment in which the Company operates; and the �mely receipt of required regulatory approvals. You are cau�oned that the foregoing list of material factors and assump�ons is not exhaus�ve. Although Lithium Chile believes that the assump�ons and factors on which such forwardlooking statements are based upon reasonable assump�ons, undue reliance should not be placed on the forward-looking statements because Lithium Chile can give no assurance that they will prove to be correct or that any of the events an�cipated by such forward-looking statements will transpire or occur, or if any of them do, what benefits Lithium Chile will derive there from. Lithium Chile does not undertake to update any forward-looking statements herein, except as required by applicable securi�es laws. All forward-looking statements contained in this news release are expressly qualified by this cau�onary statement.