Salares Lithium Inc. (fka SALZF)

[MadeBucksOnThis]

Salares Lithium Announces Special Shareholders' Meeting

VANCOUVER, BRITISH COLUMBIA, Jul 23, 2010 (MARKETWIRE via COMTEX) -- Salares Lithium Inc. (TSX VENTURE: LIT) (the "Company") wishes to announce that it has filed with the appropriate regulatory authorities a notice of a special shareholders' meeting to be held on September 16, 2010 (the "Meeting"). The purpose of the special meeting is to consider for approval a proposed plan of arrangement for the merger of Talison Minerals Pty Ltd and the Company as outlined in the Company's news release dated July 15, 2010. It is anticipated that meeting materials will be mailed on August 19, 2010 to registered and beneficial shareholders of record as at August 11, 2010.
The Meeting will be held in the Point Grey Room of the Marriott Vancouver Pinnacle Hotel, 1128 West Hastings Street, Vancouver, BC, at 10:00 AM (Vancouver time).

Corporate

On July 12, 2010, the Company cancelled the grant of 200,000 incentive stock options pursuant to its Stock Option Plan.

For contact information please visit our web page at: www.salareslithium.com

No securities regulatory authority has either approved or disapproved of the contents of this news release. This press release is for information purposes only.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
Salares Lithium Inc.
Todd Hilditch
President and CEO
[phone] [phone]
www.salareslithium.com


SOURCE: Salares Lithium Inc.



CONTACT: http://www.salareslithium.com

Copyright 2010 Marketwire, Inc., All rights reserved.
-0-

SUBJECT CODE: Manufacturing and Production:Mining and Metals