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Lithium Chile Inc ( (TSE:LITH) ) has issued an announcement.
Lithium Chile Inc. has provided an update on the US$175 million sale of its Arizaro project in Argentina to China Union Holdings Ltd., confirming that a US$5 million buyer deposit has been placed in escrow and that both parties are working through regulatory and closing conditions with the aim of completing the transaction promptly. The company plans to seek shareholder approval for the deal at a May 15, 2026 special meeting and is evaluating a substantial issuer bid that could return a portion of the net proceeds to shareholders while meaningfully reducing shares outstanding and retaining sufficient capital to advance its Chilean projects; in parallel, Lithium Chile is maintaining Arizaro operations and stepping up market communications, arguing its shares trade below net asset value and that the transaction and potential capital return could help unlock value for investors.
The most recent analyst rating on (TSE:LITH) stock is a Hold with a C$0.55 price target. To see the full list of analyst forecasts on Lithium Chile Inc stock, see the TSE:LITH Stock Forecast page.
Spark’s Take on TSE:LITH Stock
According to Spark, TipRanks’ AI Analyst, TSE:LITH is a Neutral.
The score is held back primarily by development-stage fundamentals (no revenue, recurring operating losses, and persistent negative free cash flow). Offsetting factors include a low-leverage balance sheet and positive corporate developments (pending US$175M asset sale and fresh financing), while technicals show moderate improvement but not a strong long-term uptrend. Valuation remains unattractive due to negative earnings and no dividend support.
To see Spark’s full report on TSE:LITH stock, click here.
More about Lithium Chile Inc
Lithium Chile Inc. is a Calgary-based mineral exploration company focused on lithium brine projects, with a portfolio of Chilean mineral interests and the Arizaro lithium project in Argentina. Its strategy targets the growing global demand for battery metals by advancing exploration and development of high-potential lithium assets in South America.
Average Trading Volume: 300,215
Technical Sentiment Signal: Hold
Current Market Cap: C$125M
Learn more about LITH stock on TipRanks’ Stock Analysis page.