Advantage Lithium Corp.  (TSX-V: AAL) (OTCQX: AVLIF) is pleased to announce that it has closed its previously announced financing and has issued 4,153,903 common shares  for aggregate gross proceeds to Advantage Lithium of C$1,703,100. The funds will be used for general working capital and to fund on-going exploration and development activities in Argentina.

Advantage Lithium reports that Orocobre Limited and an insider of the Corporation have exercised their participation right purchasing 3,843,900 shares for $1,576,000.

All Common Shares issued pursuant to the Private Placement will be subject to a hold period of four months and one day from the date of issuance

About Advantage Lithium Corp.

Advantage Lithium Corp is focused on developing its 75% owned Cauchari lithium project, located in Jujuy, Argentina.  The Company also owns 100% interest in three additional lithium exploration properties in Argentina: Antofalla, Incahuasi, and Guayatayoc.