 Want to learn about stocks, cryptocurrencies, NFTs, and the metaverse? Join RichTV.io. Hi, how's everybody doing today? I'm your host Rich here with RichTV Live with our very special guest, the CEO of Argentina Lithium and Energy Corp, Nico Kakos. How you doing today Nico? I'm doing very well Rich. Thank you for having me on your program. Pleasure, very excited to have you on the show and we love Lithium and we're excited to learn more about your company. So why don't you tell us a little bit about yourself and how you got involved with Argentina Lithium and Energy Corp? Oh, I would love to. Myself, Nico Kakos, I've got a business degree. You know, I've got a master's in the international business and I've been in the mining industry now for about 30 years. Since the very beginning, when I worked with the Grosso Group, Grosso Group is the management company behind Argentina Lithium and Grosso Group, headed by Joe Grosso, of course, basically just, you know, recognized an incredible opportunity in the mining industry in Argentina, almost 30 years ago, that the country was under and developed and in terms of mining and underexplored and at that time just liberalized its borders to allow foreign investment in there. So there's huge mining opportunities in Argentina and including in Lithium now. How did we get Lithium going? Well, why Argentina Lithium? We got into Argentina Lithium because we recognized that the demand for Lithium was going stratospheric, especially in the last few years with this big drive for clean energy and electrification around the world. And as that was happening, we looked at ourselves and considered, well, if price of Lithium obviously is going up because the demand is exceeding supply by a huge margin, where do we find Lithium? And one of the best places in the world to find Lithium is within the Prolific Lithium Triangle. Now the Lithium Triangle, for those who may not be aware, has a little bit of Bolivia, a little bit of Eastern Chile and a big chunk of Northwestern Argentina. And that was our cue with our expertise in Argentina and the Lithium potential in that part of the world. It was a no-brainer. We were able to leverage all our contacts for the last three decades, put together a fantastic portfolio of projects and as we're drilling away and announcing results now, our results are coming to bear fruit, basically, so to speak, for our efforts. Fantastic, congratulations on all of your success thus far. And I know we're just getting you started. Now, I just want to bring everyone's attention to the symbols in Canada and the United States. So in Canada, the symbol is L-I-T-LIT. And in America, it's P-N-X-L-F. So put it on your radar and put it on your watch list. Now, my next question, the company recently announced a non-brokered private placement. Can you tell us how much the company is looking to raise and what would be the use of proceeds? Yes, we did announce a non-brokered private placement of about $6 million Canadian. And the purpose of this is to be able to finance next year's exploration program for the entirety of the year. And I have to say that the response that we have received for this financing has been nothing short of exceptional. And to be honest, I expect that we're going to be, it looks like we're going to be oversubscribed at the end of the day. So we will have the funds that we need. And this gives us the security that we need to execute on all our exploration programs in the 2023. That's fantastic. And Nico, can you go through the positive results at Rincon West and what it means for the company and shareholders? Yes, Rincon West is a very exciting project in that we're right adjacent to the Rincon Mining Project, which just earlier this year was just acquired by Real Tinto, one of the world's largest mining companies. And they paid $825 million for that project there. So we've got a significant position there that we've started doing a drill program just in May. And I'd say we've announced the first four holes, although we're drilling on our six hole right now and there are more results will be forthcoming. And the first four holes, there was lithium values in every single hole. And in fact, the intersections and the grades that we're getting are very similar to those drill results that Real Tinto was getting next door. So this is very exciting. I think we're on to a significant lithium discovery here. I love that. That's music to my ears. And Nico, what would you say are the top three milestones that Argentina Lithium and Energy Corp wants to hit for 2023? 2023, we have a very aggressive program. We're gonna continue with our drilling program here on Rincon, our flagship project. So that milestone number one is we announced the different results coming out on these drill holes. These are milestones that the market will react to. The second milestone is we expect sometime in May to announce our initial or maiden resource estimate. So we'll be doing a resource calculation in the first quarter of 2023. And around late April, early May, I expect that we'll be finished that study. We'll have that for publication. And then beyond that, we'll be moving the project towards doing a preliminary economic assessment so that we can estimate what kind of economics that this project could have if it were to be pushed forward towards production. So we've got a very exciting year for 2023. Some very aggressive milestones and it's nice to know we'll be fully funded to execute on all these. I love it. Sounds like 2023 is gonna be huge year for you guys. Can you tell us how much money the company has in the bank, if you don't mind? And what the capital structure is? Yes, right now we have about $3 million in the bank and seeing that we're raising another six, that could be another one or two coming in there, we'll be approaching around $10 million right now. So we're well capitalized. After this financing, right now, we have about 90 million shares out. So after the financing, we'll probably be about 110, 120 million shares out. So with that, I think we're very, our market capitalization at this point is about $25 million Canadian. And I think as we hit these different milestones that I just discussed, I expect that evaluation to change. We love small cap companies because you mentioned that you have a baby market cap. So with everything you guys are doing, a 25 million market cap, I could see that growing exponentially if you guys achieve all of your objectives. So I think you're really positioned nicely right now and investors can really position themselves really nicely at these levels. Is there anything else you would want investors to know about Argentina, Lithium and Energy Corp? Well, I mean, Argentina, Lithium, Lithium has been described, I guess Elon Musk described it as the new oil in which he says a lot of new millionaires are gonna be made. So I think this is a company, Argentina, Lithium is a company with our management team having more than three decades of experience in Argentina and the opportunities that we've got here. This is an opportunity to get in on early on the Lithium space and ride it. And if we have success, I think we could see multiples of returns coming back and going forward. That sounds like music to my ears. Now, what is the best way for investors to get in touch with the company if they had any questions about Argentina, Lithium and Energy Corp? Best way is to just visit our website at our Argentina, Lithium.com. There you can email us, you can call us or contact information, contact myself or you can contact Sean Perger, Investor Relations. We love to talk with potential investors, any kinds of questions. So please feel free to reach out. Fantastic. Now I must remind everyone that Rich TV Live is strictly for information and education purposes. Please do your due diligence, do your research before you invest in anything we talk about or discuss. In saying that, we love to identify undervalued, underappreciated, under exposed companies here first on Rich TV Live. Everybody put LIT in Canada on your radar and on your watch list and in America, PNXLF on your radar and on your watch list. And thank you for joining us today, the CEO of Argentina, Lithium and Energy Corp, Nico Kakos. Thank you for joining us today, Nico. Rich, thank you very much for having me. And when I have some significant developments, I look forward to coming back and sharing those with your audience. I would love that. Thank you so much for the opportunity for us to be able to learn more about your company and for those of you guys that are at home, if you're not winning, you're probably not watching. We bring you the winners, we bring you the news, we bring you the analysis, see your interviews and we bring them to you first. Thank you for watching everybody. Thank you for joining us today, Nico and we'll talk to you guys soon.