Lithium Americas Corp. announced changes to its executive management team. Dr. Waldo Perez will be stepping down formally as President and CEO, and as a Director, at the company's annual general meeting on June 14, 2013, to pursue other business interests. John Kanellitsas, a Director of the Company, has been appointed Interim President and CEO. Franco Mignacco, a Director of the Company, has been appointed Vice Chairman of Lithium Americas, and President of Minera Exar, LAC's operating subsidiary in Argentina. Dr. Perez has been President and CEO of Lithium Americas since its inception in 2009. John Kanellitsas has been a Director of the Company since 2011, and is the Chief Operating Officer of Geologic Resource Partners, LLC. Franco Mignacco has been a Director of the Company since 2009, and he and his family are major shareholders of Lithium Americas, owning approximately 6% of the Company's shares outstanding.

Lithium Americas Corp. announced unaudited consolidated earnings results for ten month period ended December 31, 2012. During the ten month period ended December 31, 2012, the company incurred a net loss of CAD 4.3 million or CAD 0.06 loss per share. During the ten months ended December 31, 2012, the company announced the following significant developments associated with the advancement of its Cauchari-Olaroz lithium project: In December 2012, the company announced that it received final project approval for the construction of its Cauchari-Olaroz lithium project. Upon the recommendation of the Committee of Experts, the Jujuy Government executed the final decree, through the joint resolution of the Production Minister and Secretary to the Government, which approved the development of Lithium Americas' Cauchari-Olaroz lithium project. Such approval included water use permitting, confirmation of mining licences in good standing, environmental approval for lithium and potash production, and all other permits required to start project construction. Lithium Americas' business plan is to build the project in two stages, with each stage consisting of a 20,000 TPA lithium carbonate facility and a 40,000 TPA potash facility. The second stage is not expected to commence until 2018 and it will be the subject of a separate study to be undertaken by the Company. Stage 2 is expected to improve the already robust project financials for stage 1, as outlined in the Feasibility Study. No estimated financial results associated with stage 2 are included in the Feasibility Study results.

Lithium Americas Corp. filed its Annual on Mar 28, 2013 for the period ending Dec 31, 2012. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.