03:53:12 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Lithium Americas Corp (4)
Symbol LAC
Shares Issued 162,131,223
Close 2024-04-17 C$ 9.16
Market Cap C$ 1,485,122,003
Recent Sedar Documents

Lithium Americas arranges 55-million-share offering

2024-04-17 17:17 ET - News Release

Ms. Virginia Morgan reports

LITHIUM AMERICAS ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON SHARES

Lithium Americas Corp. intends to offer and sell, subject to market conditions, 55 million of its common shares in an underwritten public offering. All of the common shares to be sold in the offering will be offered by Lithium Americas. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Lithium Americas also expects to grant the underwriters a 30-day option to purchase up to an additional 15 per cent of the common shares. (All amounts are in United States dollars unless otherwise indicated.)

Evercore ISI, Goldman Sachs & Co. LLC and BMO Capital Markets will lead a syndicate of underwriters and are acting as the co-lead book-running managers for the proposed offering.

The offering will be made in the United States by way of a prospectus supplement to the company's existing base shelf prospectus (the U.S. base shelf prospectus) forming part of an effective registration statement on Form F-3 (file No. 333-274883), and will be made in Canada by way of a prospectus supplement to the company's existing base shelf prospectus. The offering is being made in the United States and in each of the provinces and territories of Canada, except Quebec. The prospectus supplements, the base shelf prospectuses and the registration statement contain important information about the company and the proposed offering. Prospective investors should read the prospectus supplements, the base shelf prospectuses, and the registration statement and the other documents the company has filed before making an investment decision. The preliminary Canadian prospectus supplement (together with the related Canadian base shelf prospectus) is available on SEDAR+. The preliminary U.S. prospectus supplement (together with the registration statement) is available on the U.S. Securities and Exchange commission's website. Alternatively, the final U.S. prospectus supplement (together with the registration statement) may be obtained, when available, upon request by contacting Evercore Group LLC, attention: Equity Capital Markets, 55 East 52nd St., 35th floor, New York, N.Y., 10055, by telephone at 888-474-0200 or by e-mail at ecm.prospectus@evercore.com; Goldman Sachs & Co. LLC, attention: Prospectus Department, 200 West St., New York, N.Y., 10282, by telephone at 866-471-2526 or by e-mail at prospectus-ny@ny.email.gs.com; or BMO Nesbitt Burns Inc., attention: Brampton Distribution Centre C/O The Data Group of Companies, 9195 Torbram Rd., Brampton, Ont., L6S 6H2, by telephone at 905-791-3151 extension 4312 or by e-mail at torbramwarehouse@datagroup.ca.

About Lithium Americas Corp.

The company is a Canadian-based lithium resource company that owns 100 per cent of the Thacker Pass project located in Humboldt county in northern Nevada, through its wholly owned subsidiary, Lithium Nevada Corp.

We seek Safe Harbor.

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