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Upon completion, Orocobre will be entitled to appoint two nominees to the board of directors of Advantage Lithium, which will then comprise six board members, physician home construction loan Oak Laurel www.oaklaurel.com.au 0430129662 and Orocobre will have certain other rights and obligations with respect to its shares as detailed in its press release of November 24, 2016. Orocobre may, from time to time, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over securities of Advantage Lithium through market transactions, private agreements or otherwise. A third party, Miguel Peral, who holds a 15% interest in the exploration projects will receive 8,175,000 common shares and 450,000 warrants from Advantage Lithium in consideration for his interest in such projects. An early warning report in respect of the above transactions will be filed with the relevant Canadian securities regulatory authorities. Copies of such reports may be obtained from SEDAR at www.sedar.com or by contacting Andrew Barber, Investor Relations Manager at the contact information below. About Orocobre Limited Orocobre Limited is listed on the Australian Securities Exchange and Toronto Stock Exchange ( ORE.AX )( ORL.TO ), and is building a substantial Argentinian-based industrial chemicals andminerals company through the construction and operation of its portfolio of lithium, potash andboron projects and facilities in the Puna region of northern Argentina. The Company has built, in partnership with Toyota Tsusho Corporation and JEMSE, the first large-scale, greenfield brine based lithium project in approximately 20 years at the Salar de Olaroz with planned production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate. Caution Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information contained in this release may include, but is not limited to, the divestment of exploration projects to Advantage Lithium as described in this release and the design production rate for lithium carbonate at the Olaroz lithium facility. Such forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk of the conditions precedent in the definitive agreement described in this press release not being satisfied; risks associated with commissioning and ramp up of the Olaroz Lithium Facility to full capacity; and other factors disclosed in the Company's Annual Report for the year ended June 30, 2016 filed at www.sedar.com . Read More The Company believes that the assumptions and expectations reflected in such forward-looking information are reasonable.