Announcement • Jan 21
Lithium Chile Inc., Annual General Meeting, May 15, 2026 Lithium Chile Inc., Annual General Meeting, May 15, 2026. Announcement • Dec 23
China Union Holdings Ltd. (SZSE:000036) entered into a definitive share purchase agreement to acquire Argentum Lithium S.A. from Lithium Chile Inc. (TSXV:LITH) for approximately $180 million. China Union Holdings Ltd. (SZSE:000036) entered into a definitive share purchase agreement to acquire Argentum Lithium S.A. from Lithium Chile Inc. (TSXV:LITH) for approximately $180 million on December 22, 2025. The purchase price is USD $175 million, subject to customary closing adjustments and payable in cash at closing, with 92.5% to be released at the closing and 7.5% held in escrow for eighteen (18) months to secure post-closing indemnity obligations, all in accordance with the Definitive Agreement and an escrow agreement to be entered into by the parties. In case of termination of transaction, China Union Holdings Ltd. will pay a termination fee of $17.5 million, and Lithium Chile Inc. will pay a termination fee of $17.5 million.
The transaction is subject to approval by regulatory board / committee and subject to shareholder approval. Closing will occur on the fifth business day after all conditions precedent are satisfied or waived, or on another date agreed upon by both parties. If closing has not occurred within 180 days from the date of the Definitive Agreement, the agreement can be terminated unless extended by mutual consent. Announcement • Oct 08
Lithium Chile Inc. announced that it has received CAD 7 million in funding On October 7, 2025, Lithium Chile Inc announced that it has closed the transaction. The overallotment option is exercised in full. Announcement • Apr 16
Lithium Chile Inc. Pre-Awarded Chascha Sur Concession to Arizaro Project, Securing Key Water Resources Lithium Chile Inc. announced that it has been pre-awarded the "Mining Tender Ndeg 03/24 for the Study, Prospecting, Exploration, and eventual Exploitation of the Exclusive Zones of Special Interest CHASCHA SUR - Salar de Arizaro", located in the Province of Salta, Argentina. This important advancement represents a strategic milestone for the Company, as the CHASCHA SUR block is adjacent to its Arizaro Project and hosts a freshwater resource critical to a future production plant. The anticipated concession of CHASCHA SUR by REMSa (Recursos Energeticos y Mineros de Salta S.A.) enhances the technical and economic viability of the Arizaro development, positioning it to meet its long-term production and sustainability goals. Currently, two applications for water use, submitted by the Company, are under review by the corresponding authority, the Secretariat of Water Resources of the Province of Salta. The tender was conducted by REMSa, the provincial energy and mining corporation, through a public and competitive process. Lithium Chile's strong technical proposal and proven track record of responsible exploration and development were key to its success. The Company is now preparing for the formal award and will provide further updates as the process advances. Announcement • Oct 18
Lithium Chile Inc. Announces 300 Mg/L Lithium on New Arizaro Exploration Well, Commencement of Pre-Feasibility Study and Operational Update Lithium Chile Inc. provided an update on its operations in Argentina and Chile. ARDDH-02-8 has been drilled to 538 metres with a very brine-rich, sandy formation encounteredat 487 metres. Onsite sampling with the field Turbospec analyzer on six samples collected over 51 metres, returned lithium grades between 297 mg/l and 319 mg/l. Samples sent to the laboratory reported the following grades: 505-metres to 506.5-metres 282 mg/l Li, 524.7-metres to 526.2-metres 300 mg/l Li, More sample results from the lower section of the well are pending. ARDDH-03-7 has been drilled to 600 metres. A 120-metre brine bearing formation of sands and gravels was encountered from 480 metres to end of hole at 600 metres. Prior to testing, a clay band at 170-metres swelled, restricting access of the sampling and logging tools intended to test the brine formation for lithium grades. The hole will be re-entered, opening the clay bottle neck to allow for casing to be installed, followed by sampling. This week a newly contracted rotary rig will begin drilling two additional water production wells on the Company's 100% owned, Chascha Sur freshwater concession where Lithium Chiles first water well was drilled. The intention of these two additional water wells is to collect the necessary data to apply for further water usage permits and secure water production for the Company's proposed Direct Lithium Extraction ("DLE") production facility. After completion of the two water production wells, the rig will move back to the main Arizaro property and drill two new production wells, AR-04 and AR-05. The wells are being drilled to provide additional data for the Pre-feasibility Study (PFS) as well as to provide future production wells on the salar. The two additional production wells, along with three new diamond drill holes will provide the supplementary data analysis required to better understand the reason behind the significantly improved lithium grades from the resampling program recently announced. Once drilled, data and test results from AR-04, AR-05 and three additional diamond drill holes will be used by Montgomery and Associates to interpret the impact of these improved grades on the overall resource calculation of Arizaro. The 43-101 resource update is expected by late November. Ausenco Engineering was contracted in early September and has commenced work on the Company's Pre-feasibility Study ("PFS") further advancing the economics and engineering on the Arizaro project. It is anticipated that the PFS will be completed by April 2024. Lithium Chile's wholly owned Argentinian subsidiary, Argentum Lithium, has been shortlisted on Block 4, one of five properties on the northern section of the Salar de Arizaro, released for bid by the Salta Provincial Mining Corporation, REMSA. It is anticipated the final winners of the bids forthe REMSA properties will be announced after the Argentina Federal election on October 22nd, 2023. Drilling at Molle Verde (Llamara) has just finished with the completion of the third hole. The rig is now moving to the last pad to drill the fourth hole. The first three wells encountered brine, with holes one and three exhibiting exceptional porosity, with hole 3 flowing brine up the drill pipe naturally. Sampling is underway and once completed, samples from all exploration holes will be batched and sent together for assay. Results will be announced when received. While sampling is being completed at Molle Verde, Lithium Chile will commence exploration work at its Aguilar property. This work will include sampling grid and TEM geophysics to define the position of three exploratory holes. Drilling on Aguilar to commence before year end. Interest continues to build amongst the major mining companies in Chile's lithium potential. The National Lithium Strategy introduced by the Chilean Government earlier this year has stimulated new interest in Chilean partnerships. Lithium Chile continues to explore various opportunities and potential joint ventures. Announcement • Aug 16
Lithium Chile Inc., Annual General Meeting, Oct 24, 2023 Lithium Chile Inc., Annual General Meeting, Oct 24, 2023. Announcement • Jul 12
Lithium Chile Inc. Begins Drilling the First Exploration Hole on Its Salar De Llamara, Chile Lithium Chile Inc. announced that drilling has commenced on the Salar de Llamara, Chile. The drilling program is an exciting opportunity for Lithium Chile to advance its lithium projects in Chile and is designed to capitalize on the renewed interest in Chile's lithium projects by some of the major global lithium companies. The initial hole, POZO LL-01, is currently at approximately 150-metres of the planned 500-metre depth on the Company's 100% owned Salar De Llamara, Chile. POZO LL-01 is the first of a four well program designed to explore targets identified by a 74 km TEM Geophysical program on the Salar de LLlamara, Chile. The Salar de Llamara prospect is comprised of 35,500 hectares where historical drilling identified an underground brine aquifer with lithium grades of 343 mg/l. The drilling of each well is anticipated to take between two to three weeks. ARIZARO, ARGENTINA HIGHLIGHTS: The Company also reports a significant increase in the lithium grades following a resampling program on the Salar de Arizaro, Argentina. Resampling of diamond drill holes ARDDH-01, 04 and 05, along with production wells ARGENTO-01, 02 and 03 were completed by AMINCO S.A. using a GeoVista's Fluid Sampler Tool and reported by a certified laboratory. Work is underway to understand the impact and reasoning for these improved grades and what it means for the project as a whole. The resampling values will need to be subsequently validated by an independent, certified laboratory in order to be included in a Mineral Resource update. During the retesting, ARDDH-04 increased from an average grade of 264 mg/l lithium to an average grade of 683 mg/l lithium, over five samples. On ARDDH-05, the average lithium grade increased from 430 mg/l lithium to a average grade of 1,118 mg/l lithium, over four samples, with the highest-grade sample reported at 1,269 mg/l lithium. Drilling on ARDDH-07 (re-entry of ARDDH-03) has been completed and packer plus sampling has begun. The ini al hole, ARDDH-03 was only drilled to 400-metres with opera ons halted due to the rig capacity. Hole ARDDH-07 was completed to 601-metres and a brine aquifer was encountered below the 400-metre level. Ini al well site sampling with Turbospec Analyser indicated brine samples up to 271 mg/l lithium. Hole AADDH-07 was drilled due north of ARDDH-05 on the northern extension of the Arizaro claims. This is new territory on the Company's Arizaro drill program which could significantly increase the overall mineral resource. Announcement • Jun 13
Lithium Chile Increases Lithium Resource by 28% with Grades of Up to 584 Mg/L from Diamond Drill Hole 5, Salar De Arizaro, Argentina Lithium Chile Inc. announced the results of an updated 43-101 resource report at the Salar de Arizaro. The Company reports that its diamond drill hole, ARDDH-05, added 671,000 tonnes of lithium carbonate equivalent (LCE) for a current project total, indicated and inferred resource of 3,323,000 tonnes of LCE. Diamond drill hole ARDDH-05 added 169,000 indicated tonnes of LCE and 502,000 inferred tonnes of LCE, for a total of 671,000 tonnes of LCE. The highest lithium grades on the Arizaro property to date, ARDDH-05 recorded grades of 584 mg/l. The addition of ARDDH-05 to the Company's 43-101 resource report increased the Company's total estimated LCE resource by 28%, to a total of 3,323,000 tonnes of LCE. Total estimated LCE resource for the Salar de Arizaro project is 1,530,000 tonnes LCE of indicated resource and 1,793,000 tonnes of LCE of inferred resource. Production hole ARGENTO-03 has completed aquifer testing; an updated resource will be announced once the data is evaluated and summarized. Diamond drill hole ARDDH-04 was only completed to 280-metres due to the wet, porous sands encountered at a depth of 210-metres; however over 70-metres of brine-bearing aquifer was identified with sample grades as high as 297 mg/l. Diamond drill hole ARDDH-06, which was drilled near ARDDH-04, has been completed to a depth of 457-metres with a 177-metre-thick brine-bearing aquifer encountered from 280 to 457 metres. ARDDH-06 has been tested using both packers and Hydrasleave depth-specific sampling with results forthcoming. Announcement • Jan 19
Lithium Chile Commences Drilling the Third Production Well on Salar De Arizaro in Argentina and Increases Its Interest in the Project to 62.2% Lithium Chile Inc. announce that drilling has commenced on the third production well, Argento-3, on the Salar de Arizaro. The location of the third production well is 10 kms North of Argento-2 and is designed to expand the size and extent of the brine aquifer and to increase the existing lithium resource. The well is currenting drilling through 55 meters with a 13.5-inch bit and is expected to take between 45 and 90 days to complete. Lithium Chile has increased its interest in the Salar de Arizaro joint venture from 60% to 62.2% while reducing the cash payments due to SMG S.R.L ("SMG"), by $145,000 US, for a total cost of $1,855,000 US. The increased interest is a result of SMG returning the 2,500-hectare, non- resource claims on Chascha Sur where the Company's water well was drilled. The reduction in total claims resulted in Lithium Chile acquiring the additional interest in the claims where the lithium resource is being developed. Lithium Chile owns the water well and has filed a permit to use 70m3/hr for future lithium production. The first meeting with the Ministry of the Environment in relation to the water permit has been held and the permitting process is moving forward. The Company is also pleased to announce that its new diamond drill rig arrived over Christmas and has begun drilling the fourth exploration hole on the Salar de Arizaro property. The diamond drill holes are designed to provide the Company with additional geological data on the structure of formations as well as supply brine samples for testing. This is the fourth of eight exploration holes planned that will help determine the best location for the fourth production well. The Company continues to production test it's Argento-2 well. Pump tests are ongoing while various tools such as a hydrasleeve and packers plus are employed to isolate and identify higher lithium grade zones. The overall porosity of this well is higher than what was encountered in the first well, Argento-1. Overall results will be announced once testing is completed. A downhole pump has been purchased and installed on the Argento-1 production well. The installation of this pump will allow for continuous production of brine to facilitate ongoing evaporation studies, advanced metallurgical studies, and the development of a hydrological model of the basin. All the information gathered in Arizaro will be used to complete aPreliminary Economic Assessment (PEA), Prefeasibility Study (PFS) as well as the final Environmental Impact Study (EIS); all expected to be completed by mid-2023. The Company is also pleased to announce it has retained Leandro Sastre as Senior Geological Consultant to oversee the geological development at the Salar de Arizaro. Mr. Sastre is a geology professional with over 20 years of experience in the international mining sector. He has worked extensively throughout Latin America with a focus on Argentina, Chile and Peru. Most recently Mr. Sastre served as Vice President of Exploration for Latin America and Asia-Pacificregion at Barrick Gold Corporation. Mr. Sastre's experience will be a valuable addition to the team.