Lithium Americas

Canaccord Genuity acts as Lead Bookrunner to Lithium Americas Corp. on its $400 million underwritten public offering of common stock

Canaccord Genuity is pleased to announce that on January 20, 2021, Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") priced its previously announced underwritten public offering (the “Offering”) of 18,181,818 shares of its common stock (the “Common Shares”), inclusive of the full exercise of the overallotment option, at a price to the public of US$22.00 per Common Share (the “Issue Price”) for aggregate gross proceeds to the Company of US$400 million. The net proceeds from the Offering are intended to be used to fund development of the Thacker Pass lithium project and for general corporate and working capital purposes, as further described in the Prospectus Supplement.

Lithium Americas is a development-stage company with projects in Jujuy, Argentina and Nevada, USA. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol “LAC”.

Canaccord Genuity acted as lead bookrunner for the Offering.