Vancouver, British Columbia, October 2nd, 2018 – Advantage Lithium Corp. (the "Corporation" or "Advantage Lithium") (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that with the completion of the project PEA, Advantage is continuing to build capability to meet increased activity as we move into the Definitive Feasibility Study (DFS) and project execution phases. The development of a high performing core team with the necessary skills and experience to deliver the Cauchari project on time and budget will continue to be a main focus. The appointments of a full-time Chief Financial officer and locally based Project Manager are key to achieving Advantage’s project delivery milestones.
Chief Financial Officer (CFO)
Lindsay Murray is a Chartered Professional Accountant (CPA, CA) with over 14 years of diversified experience. She brings leadership in strategic planning and budgeting, finance and financial analysis, internal and external reporting, accounting processes and internal controls. Most recently she was Director, Finance of Alterra Power Corp. a global renewable energy company which was acquired by Innergex Renewable Energy for $1.1 billion and previous to this she was manager at PricewaterhouseCoopers LLP. She is a graduate of the University of British Columbia where she received a Bachelor of Arts.
Said David Sidoo, CEO and director, “I’m excited to welcome Lindsay Murray as Advantage Lithium’s full time CFO and as a director. I would like to thank Nick Demare for his hard work and dedication to the Company”. Lindsay will play a key role in our Company’s continued growth and development, bringing a wealth of experience in financing, accounting and strategic planning as we develop our joint venture operation in Cauchari.”
Daniel Galastro is a Chemical Engineer with 15 years industry experience, the last 8 years associated with process development and the project management of lithium projects in Jujuy and Salta, Argentina. In his most recent role, he was the Salta based project manager of Rincon Ltd.’s Ni 43 101 compliant Definitive Feasibility Study (DFS) for a 25 ktpa plant and was responsible for commissioning and operating the large scale in-situ demonstration plant. Daniel has a Bachelor of Chemical Engineering degree from Buenos Aires University.
Advantage Project Director Andy Robb commented “I am delighted to welcome Mr. Daniel Galastro to the project engineering and development team as Project Manager locally based. Daniel is a highly experienced engineer and project manager, with experience in large lithium project development in Argentina. He brings essential skills in Lithium process and infrastructure development and will provide the necessary leadership to take the project forward through feasibility (DFS) , detailed engineering and construction phases”.
To find out more about Advantage Lithium Corp. please contact Investor Relations at (604) 343-3760 or email [email protected]
ADVANTAGE LITHIUM CORP.
Per: “David Sidoo”
David Sidoo, President
Tel: 604.343.3760 | Fax: 604.683.1585
Email: [email protected]
About Advantage Lithium Corp.
Advantage Lithium Corp. is a resource company specializing in the strategic acquisition, exploration and development of lithium properties 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 has acquired a 75% interest in a sixth, called Cauchari. The Cauchari project 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.
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 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.
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