Lithium Americas Corp (LAC.TO) 0.28 $LAC.TO
Lithium Americas Closes Over-Subscribed Rights Offering for Gross Proceeds of Approx. $18.55 Million
Marketwire - Tue Mar 18, 2:44PM CDT
Lithium Americas Corp. (TSX: LAC) (the "Company"
is pleased to announce that it has received gross proceeds of approximately $18.55 million before expenses as a result of the successful closing of its over-subscribed rights offering through the issuance of 77,308,481 common shares at a subscription price of C$0.24 per common share.
Lithium Americas' Rights Offering to Expire on Thursday, March 13, 2014
Marketwire - Mon Mar 10, 11:35AM CDT
Lithium Americas Corp. (TSX: LAC) (the "Company" announces that, further to its news release dated February 3, 2014 regarding the Company's Rights Offering to its shareholders, the Company wishes to remind holders that the Rights, which are trading on the Toronto Stock Exchange under symbol LAC.RT, will expire and cease to be exercisable at 5:00 p.m. (Toronto time), on Thursday, March 13, 2014.
Lithium Americas Announces Terms of $18.55 Million Rights Offering and Files Final Prospectus
Marketwire - Mon Feb 03, 12:20PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company" today announced that it has filed a final prospectus for an offering of rights (the "Offering" to holders of common shares of the Company to raise approximately $18.55 million in gross proceeds. Lithium Americas intends to use the net proceeds from the Offering to repay outstanding debt currently in the amount of approximately $9.5 million, for project development costs associated with its Cauchari-Olaroz lithium project, and for general working capital purposes.
Geologic Resource Partners revises Early Warning Report in respect of Lithium Americas
CNW Group - Fri Jan 24, 1:11PM CST
Geologic Resource Partners LLC ("Geologic" announced today that is has filed a revised early warning report dated January 24, 2014 (the "Revised Report" in respect of the common shares ("Shares" of Lithium Americas Corp. (TSX: LAC) ("LAC" held for its own account and on behalf of client accounts over which it has discretionary trading authority. The Revised Report corrects certain information presented in an early warning report dated January 20, 2014 (the "January 20 Report". The January 20 Report neglected to take into account 1,100,000 Shares (the "Warrant Shares" issuable under certain warrants granted to Geologic in 2012 and 2013 in connection with a credit facility provided to LAC by Geologic and two other shareholders. Geologic was not required to file an early warning report at the time the warrants were granted. Assuming exercise of the warrants, the inclusion of the Warrant Shares increases Geologic's aggregate holdings to 16,438,100 (20.96%), up from 15,338,100 (19.8%) as reported in the January 20 Report. The adjusted percentage in the Revised Report is presented on a partially diluted basis reflecting the exercise of only the warrants granted to Geologic.
Lithium Americas Announces Co-Operation Agreement With POSCO
Marketwire - Fri Jan 17, 4:04PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company" today announced that it has signed a Co-operation Agreement ("Agreement" with POSCO, Korea's largest steel company and a leader in the development of advanced materials processes. Pursuant to the Agreement, POSCO will locate its next generation lithium extraction pilot plant at Lithium Americas' Cauchari-Olaroz project ("Project" in the province of Jujuy, Argentina. The pilot plant is expected to be operational at the Project during the fourth quarter of 2014.
Lithium Americas Corp. Announces Accounting Adjustment
Marketwire - Thu Dec 19, 1:40PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company" announced today that as a result of completing a review of its third quarter financial statements and MD&A, it discovered an error in its accounting for mineral properties in Argentina. Since its inception, the Company has erroneously capitalized foreign exchange adjustments (reflecting changes in the value of the Argentinian peso) to its Mineral Properties. The cumulative impact of the error as at September 30, 2013 was to overstate the carrying value on its balance sheet of Property rights, exploration and evaluation costs by approximately $4.98 million, of which approximately $1.1 million relates to the year ending February 29, 2012, $1.8 million relates to the 10 month period ending December 31, 2012, and approximately $2.1 million relates to the nine month period ending September 30, 2013. As a result, the carrying value of Property rights, exploration and evaluation costs, reflected on the September 30, 2013 Balance Sheet will be reduced from approximately $45.4 million to approximately $40.4 million. On a cumulative basis, Accumulated Comprehensive Loss (through the Foreign Currency Translation Reserve in Shareholders' Equity) is increased by approximately $4.98 million, and Total Equity is reduced, as a September 30, 2013, by approximately $4.98 million from approximately $37.7 million to approximately $32.7 million.
Lithium Americas Reports Increased Share Ownership by Its Largest Shareholder
Marketwire - Tue Nov 26, 3:31PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company" announced today that its largest shareholder, Geologic Resource Partners LLC ("Geologic", has informed the Company that it has acquired 2,200,000 Lithium Americas common shares on the open market. With this purchase, Geologic has further strengthened its position as Lithium Americas' largest shareholder, now owning a total of 15,338,100 common shares, which represents a 19.8% ownership interest.
Lithium Americas Comments on Recent Trading Activity
Marketwire - Thu Nov 14, 6:53AM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" orthe "Company" is issuing this press release in response to recent unusual trading activity in its shares. The Company is not aware of any circumstances that could reasonably be expected to justify the recent trading activity. The Company continues to pursue ongoing corporate development initiatives and financing opportunities in relation to the development of its Cauchari- Olaroz lithium project. However, at this time, none of these initiatives and opportunities have advanced to a stage that would warrant public disclosure.
Lithium Americas Announces Director Voting Results
Marketwire - Fri Aug 16, 7:00AM CDT
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company" announces that, as previously filed on SEDAR on June 28, 2013, each of the 8 nominees in the Management Information Circular dated May 24, 2013 were elected as directors of the Company at the annual and special meeting of shareholders held on June 25, 2013.
Lithium Americas a Platinum Sponsor at the Lithium in South America International Seminar in Jujuy, Argentina-June 12 & 13, 2013
Marketwire - Wed May 29, 7:03AM CDT
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company" is pleased to announce that it is a Platinum Sponsor at the Lithium in South America International Seminar being held in Jujuy, Argentina on June 12 and 13, 2013. The seminar will be attended by a number of international investors, suppliers, and consumers of lithium. Seminar attendees will be invited to participate in a site visit of Lithium Americas' Cauchari-Olaroz lithium project and pilot plant operation. More information on the seminar can be found on the seminar's website www.litioensudamerica.com.ar/index_ingles.htm.
Lithium Americas Announces Changes to Executive Management Team
Marketwire - Wed May 08, 6:01AM CDT
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company" today announced changes to its executive management team:
Lithium Americas Closes Over-Subscribed Rights Offering for Gross Proceeds of Approx. $18.55 Million
Marketwire - Tue Mar 18, 2:44PM CDT
Lithium Americas Corp. (TSX: LAC) (the "Company"
is pleased to announce that it has received gross proceeds of approximately $18.55 million before expenses as a result of the successful closing of its over-subscribed rights offering through the issuance of 77,308,481 common shares at a subscription price of C$0.24 per common share. Lithium Americas' Rights Offering to Expire on Thursday, March 13, 2014
Marketwire - Mon Mar 10, 11:35AM CDT
Lithium Americas Corp. (TSX: LAC) (the "Company"
announces that, further to its news release dated February 3, 2014 regarding the Company's Rights Offering to its shareholders, the Company wishes to remind holders that the Rights, which are trading on the Toronto Stock Exchange under symbol LAC.RT, will expire and cease to be exercisable at 5:00 p.m. (Toronto time), on Thursday, March 13, 2014. Lithium Americas Announces Terms of $18.55 Million Rights Offering and Files Final Prospectus
Marketwire - Mon Feb 03, 12:20PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company"
today announced that it has filed a final prospectus for an offering of rights (the "Offering" to holders of common shares of the Company to raise approximately $18.55 million in gross proceeds. Lithium Americas intends to use the net proceeds from the Offering to repay outstanding debt currently in the amount of approximately $9.5 million, for project development costs associated with its Cauchari-Olaroz lithium project, and for general working capital purposes. Geologic Resource Partners revises Early Warning Report in respect of Lithium Americas
CNW Group - Fri Jan 24, 1:11PM CST
Geologic Resource Partners LLC ("Geologic"
announced today that is has filed a revised early warning report dated January 24, 2014 (the "Revised Report" in respect of the common shares ("Shares" of Lithium Americas Corp. (TSX: LAC) ("LAC" held for its own account and on behalf of client accounts over which it has discretionary trading authority. The Revised Report corrects certain information presented in an early warning report dated January 20, 2014 (the "January 20 Report". The January 20 Report neglected to take into account 1,100,000 Shares (the "Warrant Shares" issuable under certain warrants granted to Geologic in 2012 and 2013 in connection with a credit facility provided to LAC by Geologic and two other shareholders. Geologic was not required to file an early warning report at the time the warrants were granted. Assuming exercise of the warrants, the inclusion of the Warrant Shares increases Geologic's aggregate holdings to 16,438,100 (20.96%), up from 15,338,100 (19.8%) as reported in the January 20 Report. The adjusted percentage in the Revised Report is presented on a partially diluted basis reflecting the exercise of only the warrants granted to Geologic. Lithium Americas Announces Co-Operation Agreement With POSCO
Marketwire - Fri Jan 17, 4:04PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company"
today announced that it has signed a Co-operation Agreement ("Agreement" with POSCO, Korea's largest steel company and a leader in the development of advanced materials processes. Pursuant to the Agreement, POSCO will locate its next generation lithium extraction pilot plant at Lithium Americas' Cauchari-Olaroz project ("Project" in the province of Jujuy, Argentina. The pilot plant is expected to be operational at the Project during the fourth quarter of 2014. Lithium Americas Corp. Announces Accounting Adjustment
Marketwire - Thu Dec 19, 1:40PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company"
announced today that as a result of completing a review of its third quarter financial statements and MD&A, it discovered an error in its accounting for mineral properties in Argentina. Since its inception, the Company has erroneously capitalized foreign exchange adjustments (reflecting changes in the value of the Argentinian peso) to its Mineral Properties. The cumulative impact of the error as at September 30, 2013 was to overstate the carrying value on its balance sheet of Property rights, exploration and evaluation costs by approximately $4.98 million, of which approximately $1.1 million relates to the year ending February 29, 2012, $1.8 million relates to the 10 month period ending December 31, 2012, and approximately $2.1 million relates to the nine month period ending September 30, 2013. As a result, the carrying value of Property rights, exploration and evaluation costs, reflected on the September 30, 2013 Balance Sheet will be reduced from approximately $45.4 million to approximately $40.4 million. On a cumulative basis, Accumulated Comprehensive Loss (through the Foreign Currency Translation Reserve in Shareholders' Equity) is increased by approximately $4.98 million, and Total Equity is reduced, as a September 30, 2013, by approximately $4.98 million from approximately $37.7 million to approximately $32.7 million. Lithium Americas Reports Increased Share Ownership by Its Largest Shareholder
Marketwire - Tue Nov 26, 3:31PM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company"
announced today that its largest shareholder, Geologic Resource Partners LLC ("Geologic", has informed the Company that it has acquired 2,200,000 Lithium Americas common shares on the open market. With this purchase, Geologic has further strengthened its position as Lithium Americas' largest shareholder, now owning a total of 15,338,100 common shares, which represents a 19.8% ownership interest. Lithium Americas Comments on Recent Trading Activity
Marketwire - Thu Nov 14, 6:53AM CST
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" orthe "Company"
is issuing this press release in response to recent unusual trading activity in its shares. The Company is not aware of any circumstances that could reasonably be expected to justify the recent trading activity. The Company continues to pursue ongoing corporate development initiatives and financing opportunities in relation to the development of its Cauchari- Olaroz lithium project. However, at this time, none of these initiatives and opportunities have advanced to a stage that would warrant public disclosure. Lithium Americas Announces Director Voting Results
Marketwire - Fri Aug 16, 7:00AM CDT
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company"
announces that, as previously filed on SEDAR on June 28, 2013, each of the 8 nominees in the Management Information Circular dated May 24, 2013 were elected as directors of the Company at the annual and special meeting of shareholders held on June 25, 2013. Lithium Americas a Platinum Sponsor at the Lithium in South America International Seminar in Jujuy, Argentina-June 12 & 13, 2013
Marketwire - Wed May 29, 7:03AM CDT
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company"
is pleased to announce that it is a Platinum Sponsor at the Lithium in South America International Seminar being held in Jujuy, Argentina on June 12 and 13, 2013. The seminar will be attended by a number of international investors, suppliers, and consumers of lithium. Seminar attendees will be invited to participate in a site visit of Lithium Americas' Cauchari-Olaroz lithium project and pilot plant operation. More information on the seminar can be found on the seminar's website www.litioensudamerica.com.ar/index_ingles.htm. Lithium Americas Announces Changes to Executive Management Team
Marketwire - Wed May 08, 6:01AM CDT
Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company"
today announced changes to its executive management team: 
