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0 -0.00716845878136201 -0.025089605734767 -0.0143369175627239 -0.0144802867383513 -0.0143369175627239 0.0394265232974912 0.0358422939068101
Stock impact report

Lithium Americas Announce FID for Thacker Pass Phase 1 and Closes Strategic Investment from Orion Resource Partners

Lithium Americas Corp. Common Shares (LAC) 
Last lithium americas corp. common shares earnings: 11/12 07:00 am Check Earnings Report
Company Research Source: Business Wire
(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia--(BUSINESS WIRE)--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced the closing of the previously announced $250 million investment from fund entities managed by Orion Resource Partners LP (collectively, “Orion”), for the development and construction of Phase 11 of the Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass” or the “Project”). Contemporaneously, Lithium Americas and General Motors Holdings LLC (“GM”) (together, the Thacker Pass joint venture (“JV”) partners (“JV Partners”)) announced the final investment decision (“FID”) for Thacker Pass Phase 1.HIGHLIGHTSAs part of closing, Orion has purchased senior unsecured convertible notes in the aggregate principal amount of $195 million, has paid Lithium Americas $25 million in exchange for payments corresponding to the minerals produced and gross revenue generated by Thacker Pass and Show less Read more
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