Lithium Americas launches US$100 million at-the-market program

On Oct. 20, Lithium Americas Corp. (“Lithium Americas”) announced the establishment of an at-the-market equity program (“ATM Program”) that allows Lithium Americas to issue up to US$100 million (or its Canadian dollar equivalent) of common shares to the public. The ATM Program is being conducted concurrently in Canada and in the U.S.

Distributions of the common shares through the ATM Program will be made pursuant to an open market sale agreement among Lithium Americas and Jefferies LLC, as lead U.S. agent, and National Bank Financial Inc., as lead Canadian agent, and Jefferies Securities, Inc., National Bank of Canada Financial Inc., Stifel, Nicolaus & Company, Incorporated, Stifel Nicolaus Canada Inc., Cormark Securities (USA) Ltd., Cormark Securities Inc., BMO Capital Markets Corp., BMO Nesbitt Burns Inc., Canaccord Genuity LLC and Canaccord Genuity Corp. (collectively the “Agents”).

Cassels Brock & Blackwell LLP acted as Canadian counsel for Lithium Americas with a deal team that included
David Redford
Shaun Khullar, 
Kyle Simpson,
Florence Lau (securities and mining),
Chris Norton,
Tera Li Parizeau (tax).

Dorsey & Whitney LLP acted as U.S. counsel for Lithium Americas with a deal team that included 
James Guttman, 
Deborah Lobo,
Nicholas Arruda (capital markets and mining).

Blake, Cassels & Graydon LLP acted as Canadian counsel for the Agents with a deal team that included
Bob Wooder
Kathleen Keilty,
Sebastian Lowes (capital markets and mining).

Skadden, Arps, Slate, Meagher & Flom LLP acted as U.S. counsel for the Agents with a deal team that included 
Ryan J. Dzierniejko, 
Annabelle Gardere, 
Georgian C. Dimopoulos,
Aliza Rana (corporate and mining).