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
Florence Lau (securities and mining),
Tera Li Parizeau (tax).
Dorsey & Whitney LLP acted as U.S. counsel for Lithium Americas with a deal team that included
Nicholas Arruda (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,
Georgian C. Dimopoulos,
Aliza Rana (corporate and mining).