Reuters logo
BRIEF-Lithium Americas provides update on strategic financing with Ganfeng Lithium
May 10, 2017 / 4:34 PM / 6 months ago

BRIEF-Lithium Americas provides update on strategic financing with Ganfeng Lithium

May 10 (Reuters) - Lithium Americas Corp:

* Lithium Americas appoints President, South American operations and provides update on strategic financing with Ganfeng Lithium

* Private placement will result in issuance of 63.75 million common shares of co to Ganfeng Lithium at a price of C$0.85 per common share

* Ganfeng Lithium will hold 75 million common shares of co or about 19.7% of co’s issued, outstanding common shares at time of closing Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below