Iron South Proposes Change of Name

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 7, 2016) - Iron South Mining Corp. (TSX VENTURE:IS)(FRANKFURT:OAY1)(WKN:A0RK7E), ("Iron South" or the "Company") announces that its board of directors have approved a change of the Company's name to "Argentina Lithium & Energy Corp.". There will be no alteration to the Company's share capital in conjunction with the name change.

The proposed name change is subject to acceptance by the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Nikolaos Cacos, President & CEO

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

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements.