What are the timelines for the amendment's implementation and any associated milestones? | LIT (Aug 13, 2025) | Candlesense

What are the timelines for the amendment's implementation and any associated milestones?

Amendment implementation timeline

  • Effective date: The amendment to the Amelia Option Agreement is being filed with the TSX‑V and is expected to become effective on the date of the press release – 13 August 2025 (i.e., immediately upon filing).
  • Key milestones built into the amendment:
    1. Option‑exercise window: The Amelia option, originally set to expire in early 2025, is now extended through 30 September 2026.
    2. Financing condition: Argentina Lithium must secure the required financing (or a binding term‑sheet) by 31 March 2026; failure to meet this deadline will trigger an automatic termination of the option.
    3. Reporting & exercise deadline: The company must notify the option holder of its intent to exercise the option by 30 June 2026 and complete the exercise by 31 July 2026.

Trading implications

  • Near‑term catalyst: The immediate filing on 13 Aug 2025 will likely generate a short‑term price bump as the market digests the extended option life and the financing deadline, which adds a concrete upside catalyst for the next 12‑18 months.
  • Mid‑term upside potential: If Argentina Lithium meets the March 2026 financing condition, the extended option gives the holder (and, by extension, the market) a clear path to a larger equity stake, which could lift the stock ahead of the June 2026 exercise notice. Traders can position for a bullish run in the run‑up to the June 2026 exercise window, especially if financing milestones are announced on a positive note.
  • Risk management: The March 2026 financing deadline is a critical downside trigger—any delay or shortfall could force the option’s termination, capping upside and potentially prompting a sell‑off. Maintaining a stop‑loss or scaling out before the March 2026 deadline can protect against this scenario.

In short, the amendment is effective immediately (13 Aug 2025) and sets out a 30 Sep 2026 option expiry, with 31 Mar 2026 financing and 30 Jun 2026 exercise‑notice milestones. These dates create clear, time‑bound catalysts that traders can use to time entries, exits, and risk controls.