18:55:44 EDT Thu 19 Mar 2026
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Lithium Africa Corp
Symbol LAF
Shares Issued 20,488,803
Close 2026-03-19 C$ 1.80
Market Cap C$ 36,879,845
Recent Sedar+ Documents

Lithium Africa hires ITG, Spark Newswire for services

2026-03-19 16:28 ET - News Release

Mr. Tyron Breytenbach reports

LITHIUM AFRICA CORP. ENGAGES MARKET-MAKING AND MARKETING FIRMS AND APPOINTS DIRECTOR

Subject to regulatory approval, Lithium Africa Corp. has engaged the services of Independent Trading Group (ITG) to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the company on the TSX-V and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company's common shares.

Under the market-making agreement, ITG will receive compensation of $6,000 per month, payable monthly in advance. The ITG agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The ITG agreement may be terminated by either party with 30 days of notice. There are no performance factors contained in the ITG agreement and ITG will not receive shares or options as compensation. ITG and the company are unrelated and unaffiliated entities, and, at the time of the ITG Agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the company.

The company also announces that, subject to regulatory approval, it has retained Spark Newswire to provide marketing consulting services designed to increase brand equity and social awareness. Under the marketing consulting services agreement, Spark will provide a range of services including media distribution, influencer campaigns, e-mail network distribution, social media distribution, investment thesis video creation, press release writing and distribution, and general capital markets advisory and strategy consulting. The Spark agreement is for an initial term of one month at a budget of $50,000 (U.S.) per month. Following the initial term, the company may elect to continue with an active monthly budget or switch to a monthly maintenance budget of $50,000 (U.S.) per month that provides for reduced services. The Spark agreement will automatically renew in one-month increments unless cancelled in writing 15 days prior to the Spark agreement's expiration date. Spark and the company are unrelated and unaffiliated entities, and, at the time of the Spark agreement, neither Spark nor its principals have an interest, directly or indirectly, in the securities of the company.

The ITG agreement and Spark agreement are subject to approval from the TSX-V.

Director appointment

The company is pleased to announce the appointment of Mamadou Coulibaly to the board of directors of the company. Mr. Coulibaly is a veteran geologist with 15 years of experience in mineral exploration. He started work with Randgold and has since collaborated with various academic institutions, developing extensive knowledge and experience of the geology of the West African Birimian. He currently leads Lithium Africa's West African operations and will play a pivotal role in shaping the company's regional strategy. Mr. Coulibaly is fluent in French, Arabic and English.

About Lithium Africa Corp.

The company has an established 50/50 joint venture partnership with GFL International Co. Ltd. to jointly advance exploration in Africa (the LAR-GFL JV) and, through the LAR-GFL JV, the company has an indirect 50-per-cent interest in a portfolio of exploration assets in hardrock pegmatite districts across a number of prospective African regions covering South Africa, Ivory Coast, Guinea, Mali and Zimbabwe.

We seek Safe Harbor.

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