Lithium Americas Corp. has reported financial and operating results for the fourth quarter and year ended December 31, 2021. HIGHLIGHTS Argentina Cauchar?-Olaroz Construction continues to advance with a revised timeline; currently the project is approximately 85% complete and commissioning is targeted to commence in H2 2022. 1,500 workers are on site with 100% of the workforce having received at least two doses of a [...]
Lithium Americas Corp. is pleased to announce the Company has submitted a draft application to the US Department of Energy for funding to be used at its 100%-owned Thacker Pass lithium project in Humboldt County, Nevada through the Advanced Technologies Vehicle Manufacturing Loan Program . The Loan Program is designed to provide funding to US companies engaged in the manufacturing of advanced technology vehicles and [...]
Lithium Americas Corp. is pleased to announce the Nevada Division of Environmental Protection has issued the final key state-level permits for the Thacker Pass lithium project in Humboldt County, Nevada . The three approved permits include the Water Pollution Control Permit, Mine Reclamation Permit and Class II Air Quality Operating Permit. "With the final key state environmental permits in hand, Lithium Americas can [...]
Lithium Americas and Millennial Lithium are pleased to announce the completion of the previously announced plan of arrangement whereby Lithium Americas has acquired all of the issued and outstanding shares of Millennial. Millennial owns 100% of the Pastos Grandes lithium brine project in Salta, Argentina. Pursuant to the Arrangement, Lithium Americas has acquired 100% of the issued and outstanding shares of Millennial and [...]
Millennial Lithium Corp. is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement under the Business Corporations Act , pursuant to which Lithium Americas Corp. is to acquire all of the issued and outstanding shares of Millennial at a price of C$4.70 per common share payable in cash and shares of LAC . All of the conditions [...]
Lithium Americas Corp. is pleased to announce that earlier today approximately 98% of Millennial Lithium Corp. shareholders and warrantholders voted in favor to approve the acquisition by Lithium Americas of all of the issued and outstanding common shares of Millennial by way of a statutory plan of arrangement, as previously announced on November 17, 2021. Approval from Millennial shareholders and warrantholders is a [...]
Lithium Americas Corp. today announced that the initial purchasers under its previously announced offering of US$225,000,000 aggregate principal amount of 1.75% convertible senior notes due 2027 have exercised, in full, their option to purchase up to an additional US$33,750,000 aggregate principal amount of Notes , increasing the total Offering size to US$258,750,000. "With the Offering complete and our US$205 million [...]
Millennial Lithium Corp. announced on November 17, 2021 that it had entered into a definitive arrangement agreement with Lithium Americas Corp. dated November 17, 2021 pursuant to which LAC has agreed to acquire all of the outstanding common shares of Millennial by way of a plan of arrangement. Millennial is pleased to announce that it has received an interim order of the British Columbia Supreme Court authorizing and [...]
Lithium Americas Corp. today announced the closing of its previously announced offering of US$225,000,000 aggregate principal amount of 1.75% convertible senior notes due 2027 . The Company has used a portion of the net proceeds from the Offering to repay in full its US$205 million senior secured credit facility. The Company intends to use the remainder of the net proceeds from the Offering to repay other indebtedness and [...]
Lithium Americas Corp. today announced that it has priced its previously announced offering of US$225,000,000 aggregate principal amount of convertible senior notes due 2027 . The Company has granted the initial purchasers an over-allotment option to purchase up to an additional US$33,750,000 aggregate principal amount of Notes, exercisable in whole or in part at any time until 30 days after the pricing of the Offering [...]
Lithium Americas Corp. today announced that it proposes to offer US$225,000,000 aggregate principal amount of convertible senior notes due 2027 , subject to market conditions and other factors. The Company intends to grant the initial purchasers of the Notes an option to purchase up to an additional US$33,750,000 aggregate principal amount of Notes, exercisable in whole or in part at any time until 30 days after the [...]
Lithium Americas Corp. announces that on November 24, 2021 the Company purchased 23,369,003 common shares of Arena Minerals Inc. at a price of C$0.54 per share through an alternative market transaction for aggregate consideration of approximately US$10 million . The Arena Shares represent 6.3% of the issued and outstanding common shares of Arena Minerals as of close of market on November 24, 2021. Prior to the Purchase [...]
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