Argentina Lithium & Energy Corp.TSXV: LIT

Panthera Announces Change to Board of Directors

· Issued by Argentina Lithium & Energy Corp.

Jun. 17, 2011 (TheNewswire.ca) --

Panthera Exploration Inc. (TSX-V: PNX, FRA: OAY1, WKN: A0RK7E, "Panthera" or the "Company") announces the resignation of Dr. David Terry as a director of the Company. Panthera thanks Dr. Terry for his past contributions to the Company and wishes him well with his future endeavours.

ON BEHALF OF THE BOARD

"Gerald Carlson"

_______________________________­­­­­­­­­­­­­­­­­­­­______

Dr. Gerald Carlson, Interim President & CEO

For further information please contact:

Corporate Communications Tel: 1-604-687-1828 Toll-Free: 1-800-901-0058

Email: info@pantheraexploration.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

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