Mr. Nikolaos Cacos reports

ARGENTINA LITHIUM ANNOUNCES REVISED TERMS OF ITS PREVIOUSLY ANNOUNCED BROKERED LIFE PRIVATE PLACEMENT

Argentina Lithium & Energy Corp. has entered into an agreement with Red Cloud Securities Inc. to revise the terms of its previously announced best efforts private placement. Pursuant to the revised marketed offering, the company will raise gross proceeds of up to $4.3-million from the sale of up to 35,833,334 units of the company at a price of 12 cents per unit. Red Cloud is acting as sole agent and bookrunner under the offering.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at a price of 16 cents any time after the 60th day following the closing date (as herein defined) to the date which is 36 months after the closing date.

The company has also granted Red Cloud an option, exercisable in full or in part up to 48 hours prior to the closing of the marketed offering, to sell up to an additional 4,166,667 units at the offering price for up to an additional $500,000 in gross proceeds. The marketed offering and the securities issuable upon exercise of the agent's option shall be collectively referred to as the offering.

The company intends to use the net proceeds from the offering for the exploration and advancement of the company's Rincon West lithium project in Argentina, and working capital and general corporate purposes, as is more fully described in the amended offering document (as herein defined).

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 -- Prospectus Exemptions, the units will be offered for sale to purchasers resident in the provinces of Alberta, British Columbia, Manitoba, Ontario and Saskatchewan pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 -- Exemptions from Certain Conditions of the listed issuer financing exemption.

There is an amended and restated offering document related to the revised offering that can be accessed under the company's profile at SEDAR+ and on the company's website. Prospective investors should read this amended offering document before making an investment decision.

The offering is expected to close on or about March 10, 2026, or such other date as the company and Red Cloud may agree. completion of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

About Argentina Lithium & Energy Corp.

Argentina Lithium & Energy is focused on acquiring high-quality lithium projects in Argentina and advancing them toward production in order to meet the growing global demand from the battery sector. The company's recent strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world's leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 70,000 hectares in the Lithium Triangle of Argentina. Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective lithium properties in the world-renowned Lithium Triangle. The company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

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