Lithium Americas Corp. (TSE:LAC) has released an update.
Lithium Americas Corp., a Canadian lithium resource company, plans to expand its financial portfolio by selling 55 million common shares in a public offering, with the potential for an over-allotment of an additional 15%. The offering’s success, led by major financial institutions such as Evercore ISI and Goldman Sachs, hinges on market conditions and has not been approved by regulatory authorities yet. The company’s growth ambitions are tied to its 100% ownership of the Thacker Pass lithium project in Nevada.
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