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Home : Lithium Americas Closes US$113 Million Strategic Financing with Bangchak Corporation
Jul 18
2017

Lithium Americas Closes US$113 Million Strategic Financing with Bangchak Corporation

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 17, 2017) - Lithium Americas Corp. ("Lithium Americas" or the "Company") (TSX:LAC)(OTCQX:LACDF) is pleased to announce that it has closed the investment agreement (the "Investment Agreement") with BCP Innovation Pte Ltd., a wholly-owned subsidiary of Bangchak Corporation Public Company Ltd. ("Bangchak"). Pursuant to the Investment Agreement, Bangchak has agreed to provide Lithium Americas with an aggregate of US$113 million in financing primarily to fund a portion of the Company's share of construction costs for the Cauchari-Olaroz lithium project ("Cauchari-Olaroz") in Jujuy Province, Argentina.
Source:http://www.marketwired.com/mw/release.do?id=2226285&sourceType=3
 
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