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Bullboard - Stock Discussion Forum Lithium Americas Corp T.LAC

Alternate Symbol(s): LAC

Lithium Americas Corp. is a lithium resource company. The Company is focused on advancing Thacker Pass to production. The Company owns 100% of the Thacker Pass project, which is located in Humboldt County in northern Nevada, through its wholly owned subsidiary, Lithium Nevada Corp. Thacker Pass is situated at the southern end of the McDermitt Caldera, approximately 60 miles (100 kilometers... see more

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TSX:LAC - Post Discussion

Lithium Americas Corp > Lithium Americas Provides an Update on GM Investment

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Post by Betteryear2 on Aug 30, 2024 9:35am

Lithium Americas Provides an Update on GM Investment

August 30, 2024 07:00 AM Eastern Daylight Time

VANCOUVER, British Columbia--(BUSINESS WIRE)--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announces the Company and General Motors Holdings LLC (“GM”) have agreed to extend the outside date for the second tranche subscription agreement until the end of the year. Along with the extension, GM has reaffirmed its intention to complete the additional $330 million investment to support development of Thacker Pass, which is the largest known Measured and Indicated lithium resource in North America.

Lithium Americas Provides an Update on GM Investment | Business Wire