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 announced on Nov 17, 2021 that it had entered into a definitive arrangement agreement with Lithium Americas Corp. dated Nov 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 BC Supreme Court authorizing and approving various matters in [...]
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 [...]
Millennial Lithium and Lithium Americas 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 consideration of [...]
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 [...]