Millennial Lithium Corp. and Lithium Americas Corp. are pleased to announce that they have entered into a definitive arrangement agreement dated Nov. 17, 2021 pursuant to which Lithium Americas has agreed to acquire all of the outstanding shares of Millennial by way of a plan of arrangement for C$4.70 per ML Share, payable in common shares of Lithium Americas and C$0.001 in cash per ML Share , representing total [...]
Lithium Americas Corp. has reported unaudited financial and operating results for the third quarter ended September 30, 2021. HIGHLIGHTS Cauchar?-Olaroz Construction activities at Cauchar?-Olaroz continue to advance, targeting first production by mid-2022 on the initial 40,000 tonnes per annum lithium carbonate equivalent operation. As of September 30, 2021, $519 million has been spent or 81% of the $641 million budget [...]
Lithium Americas Corp. is pleased to announce that it has submitted an unconditional offer to Millennial Lithium Corp. to acquire all of the outstanding shares of Millennial . Under the terms of the Offer, on closing, each Millennial shareholder will receive C$4.70 per Common Share, payable in Lithium Americas common shares and C$0.001 in cash per Common Share , representing total consideration of approximately US$400 [...]
Lithium Americas Corp. is pleased to provide a project update for the Thacker Pass lithium project in Humboldt County, Nevada including an increase in the Mineral Resource estimate to 13.7 million tonnes of lithium carbonate equivalent grading 2,231 parts per million lithium of Measured and Indicated and 4.4 Mt of LCE grading 2,112 ppm Li of Inferred Resources. HIGHLIGHTS Expanded M&I Resource estimate to 13.7 Mt LCE at [...]
Canada's premier equities market to celebrate TSX30 companies today in a virtual market open ceremony Toronto Stock Exchange today announced the 2021 TSX30™, the Exchange's flagship program showcasing the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance. The annual ranking serves to spotlight the achievements and sustained success of TSX's leading listed companies while [...]
Lithium Americas Corp. has reported unaudited financial and operating results for the second quarter ended June 30, 2021. HIGHLIGHTS Cauchar?-Olaroz Construction activities at Cauchar?-Olaroz remain on track to achieve first production by mid-2022 on the initial 40,000 tonnes per annum operation. As of June 30, 2021, capital expenditures committed were $545 million , of which $471 million has been spent. The Company's [...]
Lithium Americas Corp. announced that it has entered into an agreement to acquire 42,857,143 subscription receipts of Arena Minerals Inc. in a private placement at C$0.14 per subscription receipt for total consideration of C$6.0 million . The strategic ownership in Arena Minerals will provide Lithium Americas future optionality to advance exploration in Argentina in proximity to the Cauchar?-Olaroz lithium project , which [...]
Lithium Americas Corp. is pleased to announce the election of Kelvin Dushnisky and Jinhee Magie to the Company's board of directors following today's Annual General Meeting of Shareholders . "We are pleased to welcome Kelvin and Jinhee to our Board," said George Ireland, Chairman of the Board, Lithium Americas. "Their knowledge and experience will be an excellent complement to the Board as we begin the transition from [...]
Lithium Americas Corp. is pleased to provide an update on the Cauchar?-Olaroz lithium project in partnership with Ganfeng Lithium Co., Ltd in Jujuy province, Argentina. The Cauchar?-Olaroz Partners have approved the commencement of development planning for a second stage expansion of at least an additional 20,000 tonnes per annum of lithium carbonate equivalent production capacity from Cauchar?-Olaroz. "Cauchar?-Olaroz is [...]
Lithium Americas Corp. has reported unaudited financial and operating results for the first quarter ended March 31, 2021 . HIGHLIGHTS Cauchar?-Olaroz Lithium Project : Construction activities at Cauchar?-Olaroz continue to advance to achieve first production in mid-2022, with strict COVID-19 health and safety protocols. No positive cases of COVID-19 have been reported at site in over seven months. All major equipment and [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, March 22, 2021: S&P/TSX COMPOSITE INDEX - March 22, 2021 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED AcuityAds Holdings Inc.. Communication Services Interactive Media & Services ADDED Canaccord Genuity Group Inc. Financials Investment Banking & Brokerage ADDED [...]
Lithium Americas Corp. has reported financial and operating results for the fourth quarter and year ended December 31, 2020. This news release should be read in conjunction with Lithium Americas' consolidated financial statements and management's discussion and analysis for the year ended December 31, 2020, which are available on the Company's website and SEDAR. All amounts are in U.S. dollars unless otherwise indicated [...]