Lithium Americas Completes Initial Share Subscription under Ganfeng Investment Agreement
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/27/17 -- Lithium Americas Corp. (TSX: LAC)(OTCQX: LACDF) ("LAC" or the "Company") is pleased to announce that it has completed the initial common share subscription contemplated under the Investment Agreement with GFL International Co., Ltd. ("Ganfeng"), as previously announced on January 19, 2017. In accordance with the Agreement, the Company issued to Ganfeng 11,250,000 common shares at a price of C$0.85 per share, for an aggregate cash subscription of C$9,562,500. The common shares are subject to a four month hold expiring May 27, 2017.
About Lithium Americas
Lithium Americas, together with its joint venture partner SQM, is developing the Cauchari-Olaroz Lithium project, located in Jujuy, Argentina, through its 50% interest in Minera Exar S.A. In addition, Lithium Americas owns 100% of the Lithium Nevada project (formerly Kings Valley project), and RheoMinerals Inc., a supplier of rheology modifiers for oil-based drilling fluids, coatings, and specialty chemicals.
Contacts:
Lithium Americas Corp.
Investor Relations
778-656-5820
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 27.01.2017 - 06:00 Uhr
Sprache: Deutsch
News-ID 1483049
Anzahl Zeichen: 3114
contact information:
Contact person:
Town:
VANCOUVER, BRITISH COLUMBIA
Phone:
Kategorie:
Mining & Metals
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 225 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Lithium Americas Completes Initial Share Subscription under Ganfeng Investment Agreement
"
steht unter der journalistisch-redaktionellen Verantwortung von
Lithium Americas Corp. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
