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Lithium Chile Executes the Formal Agreement for the Sale of its Argentine, Arizaro Project
(TheNewswire)   CALGARY, ALBERTA – TheNewswire - December 22, 2025 -...
About this update from Lithium Chile Inc
[{"type":"text","content":"Lithium Chile Executes the Formal Agreement for the Sale of its Argentine, Arizaro Project\n(TheNewswire)\n\n\n\n\n\n \n\n\nCALGARY, ALBERTA – TheNewswire - December 22, 2025 -\nLithium Chile Inc. (TSX Venture Exchange: LITH) (OTC-QB: LTMCF) (“Lithium\nChile” or the “Company”) is\npleased to announce the Company has entered into a definitive share\npurchase agreement (the “Definitive Agreement”) with China Union\nHoldings Ltd. (the “Purchaser”), an arm's\nlength party, for the sale (the \"Transaction\") of\nits Argentine subsidiary, Argentum Lithium S.A. (“Argentum”).\n\n\nTransaction Highlights:\n\n\n\n\nSale Structure: The Purchaser will acquire 100% of the\nCompany’s shares in Argentum, a corporation existing under the laws\nof Argentina, which indirectly holds interests in the Arizaro salar\nlithium project in Salta Province, Argentina (the \"Arizaro Project\"). \n\n\n\nTransaction Value: The purchase price is USD\n$175,000,000, subject to customary closing adjustments and payable in\ncash at closing, with 92.5% to be released at the closing and 7.5%\nheld in escrow for eighteen (18) months to secure post-closing\nindemnity obligations, all in accordance with the Definitive Agreement\nand an escrow agreement to be entered into by the parties. \n\n\n\nGuarantee Deposit: The Purchaser has agreed to fund a\nUSD $5,000,000 guarantee deposit into a dedicated escrow account in\naccordance with a deposit escrow agreement. The guarantee deposit is\nintended to secure the Purchaser's payment obligations and will\nbe released in accordance with the Definitive Agreement and the\ndeposit escrow agreement. \n\n\n\nClosing Conditions: Completion of the Transaction\nremains subject to: \n\n\n\n\nThe acquisition by Argentum of an additional 17.8%\nequity interest in ARLI S.A. (ARLI), an Argentine corporation that was\nestablished to hold all property rights and concessions comprising the\nArizaro Project, from LitiAr S.A. (LitiAr”), the\nCompany’s joint venture partner. Upon completion, Argentum’s\nownership of ARLI will increase to 80% \n\n\n\nThe carve out or divestiture by SALTA LITIO S.A., a\nsubsidiary of the Company, of the Block 4 property and certain\nrelatedwater rights, in accordance with the\nDefi...