Li3 Energy, Inc. (OTCBB: LIEG), reported that the company has signed a letter of intent with a private Argentinean company to acquire lithium brine assets in the Puna region of northern Argentina.

The press release is quoted as saying:

Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium brine mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally.

Click here to access the entire press release ^[1]

Click here to access Li3 Energy Corporate Site ^[2]