(TheNewswire)
CALGARY, ALBERTA – TheNewswire - September 6, 2022 – Lithium Chile Inc. (“ Lithium Chile ” orthe “ Company ”) (TSXV:LITH),(OTC:LTMCF) acknowledges the September 4, 2022vote by the citizens of Chile, electing not to support a proposed newconstitution.
On September 4, 2022, citizens of Chile voted not tosupport the constitutional text proposed by the ConstitutionalConvention. Lithium Chile has a vast lithium portfolio in Chileconsisting of over 80,000 hectares, covering sections of 11 salars and2 laguna complexes. The Company has built strong relationships withinthe Chilean communities; it remains committed to the judiciousdevelopment of its economic activities, social and environmentalresponsibilities and in the contribution to the development andpreservation of Chilean land.
Steve Cochrane, President & CEO comments“ I am thrilled; with thereferendum behind us we can now focus on the real task of developingour lithium portfolio to the benefit of our shareholders, and allChileans. In the past 24 hours, I have seen a significant increase ininterest of our Chilean assets which reaffirms our commitment toadvancing these valuable properties .”
About Lithium Chile
Lithium Chile is advancing a lithium property portfolioconsisting of 81,300 hectares covering sections of 11 salars and 2laguna complexes in Chile and 23,300 hectares in Argentina.
Lithium Chile also owns 5 properties, totaling 21,329hectares that are prospective for gold, silver and copper. Explorationefforts are continuing on Lithium Chile’s Carmona gold/silver/copperproperty which lies in the heart of the Chilean mega porphyry gold/silver/copper belt.
Lithium Chile’s common shares are listed on the TSX-Vunder the symbol “LITH” and on the OTC-BB under the symbol“LTMCF”.
To find out more about Lithium Chile Inc., pleasecontact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or Michelle DeCecco, Vice President of Corporate Developmentvia email michelle@lithiumchile.ca orat 403-390-9095.
Forward Looking Statements
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATIONSERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXVENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACYOF THIS RELEASE.
NOT FOR RELEASE IN THE UNITED STATES
This news release may contain certain forward-lookinginformation and forward-looking statements within the meaning ofapplicable securities legislation (collectively "forward-lookingstatements"). Generally, forward-looking statements can beidentified by the use of forward-looking terminology such as"expected", "anticipated", "aims to","plans to" or "intends to" or variations of suchwords and phrases or statements that certain actions, events orresults "will" occur. Such forward-looking statements arebased on various assumptions and factors that may prove to beincorrect, including, but not limited to, factors and assumptions withrespect to: the general stability of the economic and politicalenvironment in which the Company operates; the timely receipt ofrequired regulatory approvals; the risk that the new lithium or cesiumexploration tender processes does not yield the anticipated benefitsto the Company; the ability of the Company to obtain future financingon acceptable terms; currency, exchange and interest rates; operatingcosts; the success the Company will have in exploring its prospectsand the results from such prospects and the COVID-19 pandemic. You arecautioned that the foregoing list of material factors and assumptionsis not exhaustive. Although the Company believes that the assumptionsand factors on which such forward-looking statements are based uponare reasonable, undue reliance should not be placed on theforward-looking statements because the Company can give no assurancethat they will prove to be correct or that any of the eventsanticipated by such forward-looking statements will transpire oroccur, or if any of them do so, what benefits the Company will derivethere from. The Company does not undertake to update anyforward-looking statements herein, except as required by applicablesecurities laws. All forward-looking statements contained in this newsrelease are expressly qualified by this cautionary statement.
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