Feb 18 (Reuters) - Advantage Lithium Corp AAL.V :
* ADVANTAGE LITHIUM ANNOUNCES ARRANGEMENT AGREEMENT WITH OROCOBRE LIMITED
* ADVANTAGE LITHIUM - OROCOBRE WILL ACQUIRE ALL OF COMMON SHARES OF ADVANTAGE THAT OROCOBRE DOES NOT IN EXCHANGE FOR 0.142 COMMON SHARES OF OROCOBRE
* ADVANTAGE LITHIUM CORP - CONSIDERATION REPRESENTS A PREMIUM OF APPROXIMATELY 24% TO CLOSING PRICE OF ADVANTAGE SHARES ON FEBRUARY 14, 2020
* ADVANTAGE LITHIUM CORP - CURRENT MANAGEMENT TEAM OF OROCOBRE WILL MANAGE ADVANTAGE AFTER COMPLETION OF ARRANGEMENT