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Lithium Chile Shareholders Vote 96% in Favor of Proposed Sale of Company's Arizaro Project In Salta, Argentina
(TheNewswire)   CALGARY, ALBERTA – TheNewswire - May 19, 2026 - Lithium C...
About this update from Lithium Chile Inc
[{"type":"text","content":"Lithium Chile Shareholders Vote 96% in Favor of Proposed Sale of Company's Arizaro Project In Salta, Argentina \n(TheNewswire)\n \n\nCALGARY, ALBERTA – TheNewswire - May 19, 2026 -\nLithium Chile Inc. (“Lithium\nChile” or the “Company”) is\npleased to announce that all matters presented to the Shareholders at\nthe Company’s Annual General and Special Meeting held on May 15,\n2026, were approved. \n\n\nShareholders voted in favour\nof:\n\n\n\n\nThe proposed sale of its Arizaro project through the\ndisposition of its Argentinian subsidiary, Argentum Lithium S.A. for\nUS $175,000,000, (“the Transaction”). \n\n\n\nThe election of all nominated directors;  \n\n\n\nThe appointment of MNP LLP as auditors of the Company\nfor the ensuing year;  \n\n\n\nApproval of the Company’s stock option plan; and\n \n\n\n\nAll other matters properly brought before the meeting.\n \n\n\n\n \n\nSteven Cochrane President and CEO of Lithium Chile\ncomments, “The Shareholders\noverwhelming support of the proposed sale of our Arizaro project\nbrings us one step closer to completing the Transaction. We continue\nto finalize all outstanding closing requirements and look forward to a\nsuccessful conclusion to the pending Transaction”.\n\n\nLithium Chile would also like to extend its sincere\ngratitude to outgoing Director Ken Booth, who did not stand for\nre-election. Mr. Booth’s nine years of dedicated service, support\nand guidance have been invaluable to the Company and will be greatly\nmissed. Lithium Chile is pleased, however, that he will continue to\ncontribute his experience and insight to the Company in a consulting\ncapacity going forward.\n\n\nLithium Chile would like to thank its Shareholders for\ntheir continued support and confidence in the Company. Updates,\nincluding the next steps related to the Transaction will be provided\nin the upcoming weeks as they become available.\n\n \n\nON BEHALF OF THE BOARD\nLithium Chile Inc.\n\n\nSteven Cochrane\nPresident & Chief Executive Officer\n\n \n\nABOUT LITHIUM CHILE\n\n\nLithium Chile Inc. is an exploration company with a\nportfolio of 11 properties spanning 106,136 hectares in Chile and\n29,245 hectares on the Salar de Arizaro in Argentina. The Company has\nsuccessfully a...