Lithium Argentina to Establish Corporate Domicile in Switzerland
Lithium Americas (Argentina) Corp. Common Shares (LAAC)
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina” or the “Company”) (TSX: LAAC) (NYSE: LAAC) today announced its intention to establish corporate domicile in Switzerland under the new name, Lithium Argentina AG. The move, which requires shareholder, stock exchange and court approval, is expected to occur in early 2025. Lithium Argentina has performed an extensive review of its businesses and corporate structure. Switzerland, was determined to be the best jurisdiction from a strategic, commercial and legal perspective. The move is expected to provide expanded financing flexibility and support the Company’s current business and long-term growth plans through access to various markets, proximity to European customers and an attractive framework for existing shareholders and future investment. The redomiciling of the Company is proposed to be effected by way of plan of arrangement whereby the Company will be continue
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