Lithium Americas Announces Proposed Public Offering of Common Shares

(All amounts in US$ unless otherwise indicated)

VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares (the “Common Shares”) in an underwritten public offering (the “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% of the Common Shares (the “Over-Allotment Option”).

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