Last C$0.26 CAD
Change Today -0.01 / -3.70%
Volume 141.5K
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As of 2:25 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

lithium americas corp (LAC) Snapshot

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12/30/13 - C$0.48
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lithium americas corp (LAC) Details

Lithium Americas Corp. is engaged in the exploration and evaluation of lithium, potassium, and other mineral resources in South America. The company has rights over approximately 165,353 hectares in 5 salt lakes in the Jujuy and Salta Provinces of Argentina. Its principal property includes the Cauchari-Olaroz Lithium Project covering an area of approximately 83,104 hectares in adjacent Cauchari and Olaroz salt lakes located in Jujuy, Argentina. The company was incorporated in 2009 and is headquartered in Toronto, Canada.

37 Employees
Last Reported Date: 03/31/14
Founded in 2009

lithium americas corp (LAC) Top Compensated Officers

Chief Executive Officer, Chairman of Health, ...
Total Annual Compensation: --
Executive Chairman and Member of Executive Co...
Total Annual Compensation: C$160.1K
Chief Financial Officer
Total Annual Compensation: C$180.0K
Compensation as of Fiscal Year 2013.

lithium americas corp (LAC) Key Developments

Lithium Americas Adopts Advance Notice By-Law

Lithium Americas Corp. announced the adoption by its board of directors of amendments to its by-laws to include advance notice provisions, the purpose of which is to require that advance notice be provided to the company in circumstances in which nominations of persons for election to the board of directors of the company are made by shareholders other than pursuant to the requisition of a meeting or a shareholder proposal in accordance with the Business Corporations Act (Ontario). The by-law amendment is effective immediately. Under the by-law amendment, any shareholder wishing to nominate an individual for election as a director at the company's Annual and Special Meeting of Shareholders to be held on June 17, 2014 must provide advance notice of any proposed nominees to the Company by close of business on May 20, 2014.

Lithium Americas Corp., Annual General Meeting, Jun 17, 2014

Lithium Americas Corp., Annual General Meeting, Jun 17, 2014., at 15:00 Eastern Daylight. Location: Suite 1600, 1 First Canadian Place. Agenda: To receive the audited consolidated financial statements of the corporation for the year ended December 31, 2013, together with the auditors' report thereon; to elect the directors of the corporation; to appoint Collins Barrow Toronto LLP, as auditors of the corporation for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors; to approve all unallocated stock awards under the corporation's stock award plan; to pass an ordinary resolution approving a bonus share plan; to pass an ordinary resolution confirming an amendment to the corporation's by-laws; to pass a special resolution authorizing an amendment to the corporation's articles to increase the authorized share structure of the corporation by creating and authorizing for issuance an unlimited number of preferred shares; and to transact such other business as may properly come before the Meeting or any adjournment thereof.

Lithium Americas Corp. Announces Co-Operation Agreement with POSCO

Lithium Americas Corp. announced that it has signed a Co-operation Agreement with POSCO. Pursuant to the Agreement, POSCO will locate its next generation lithium extraction pilot plant at Lithium Americas' Cauchari-Olaroz project (Project) in the province of Jujuy, Argentina. The pilot plant is expected to be operational at the Project during the fourth quarter of 2014. The Co-operation Agreement assigns business responsibilities between POSCO and Lithium Americas, whereby POSCO will be responsible for the development of the technology and management and operation of the pilot plant, while Lithium Americas will provide resources in the form of brine and local support. The Agreement is limited to pilot plant operations, but provides for an exclusivity period in the future to negotiate terms of a commercial stage operation. Costs of building, delivering and operating the pilot plant will be borne by POSCO, which also retains 100% ownership of the pilot plant.


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