Argentina Lithium & Energy Corp. (LIT) (OAY3) (PNXLF), ("Argentina Lithium") wishes to announce that it has engaged Michael Baybak and Company, Inc. (the "Consultant") to assist with marketing services. The services consist primarily of writing services, but may include additional marketing services that constitute "investor relations activities". Pursuant to the terms of the consulting agreement between the Company and the Consultant dated November 23, 2022, in exchange for the Consultant's services, the Company has agreed to pay the Consultant a monthly fee of US$7,000 effective from January 1, 2023 through to June 30, 2023. The term of the agreement is for a period of approximately seven months, with such term to be extended at the discretion of the Company. The Company also granted 50,000 stock options to the Consultant's President to purchase 50,000 common shares of the Company (each a "Share") at an exercise price of $0.35 per Share for a period of five years, expiring on December 8, 2027, in accordance with the terms of the Company's stock option plan and the policies of the TSX Venture Exchange. The Consultant and related parties hold less than one percent (1%) of the issued and outstanding Shares of the Company.
