Advantage Lithium Announces Results of AGM
TSX Venture Exchange Symbol: AAL
VANCOUVER, Dec. 22, 2017 /CNW/ - Advantage Lithium Corp. (the "Company" or "Advantage Lithium") (TSX Venture: AAL) (OTCQX: AVLIF) - Mr. David Sidoo, President and CEO, announces that at the Company's Annual General Meeting of Shareholders held on December 21, 2017, Messrs. David Sidoo, Callum Grant, Nick DeMare, Richard P. Seville, Rick Anthon and Miguel Alberto Peral were elected as directors for the ensuing year. The shareholders also passed all other resolutions including an ordinary resolution to ratify the existing stock option plan, pursuant to which the Company may grant stock options up to 10% of its issued and outstanding common shares at the time of the grant.
Following the shareholders' meeting, the Board appointed Mr. David Sidoo as President and Chief Executive Officer, Mr. Nick DeMare as Chief Financial Officer and Corporate Secretary, Mr. Miguel Alberto Peral as Vice-President Exploration and Mr. Andy Robb as Vice-President Project Development. The Board also appointed Messrs. Nick DeMare, Callum Grant and Rick Anthon to the audit committee.
About Advantage Lithium Corp.
Advantage Lithium is a resource company specializing in the strategic acquisition, exploration and development of lithium properties in Argentina and is headquartered in Vancouver, British Columbia. The common shares of the Company are listed on the TSX Venture Exchange (TSX-V:AAL), and the company is also traded on the OTCQX Best Market in the U.S. (OTCQX: AVLIF). The Company has acquired a 100% interest in five projects in Argentina and up to a 75% interest in a sixth, called Cauchari. Cauchari is located just 20 km south of Orocobre's flagship Olaroz Lithium Facility.
Further information about the Company can be found at www.advantagelithium.com.
ADVANTAGE LITHIUM CORP.
David Sidoo, President & CEO
Tel: 604.343.3760 | Fax: 604.683.1585
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "is expected","intends", or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Advantage Lithium that involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
Neither 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.
SOURCE Advantage Lithium Corp
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