VANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), formerly Lithium Americas Corp. (“Lithium Americas” or “LAC”), today announced fourth quarter and full year 2023 results, as well as its 2024 outlook.

Highlights

On March 18, 2024, Sam Pigott commenced as President and CEO of the Company. John Kanellitsas will remain Executive Chairman of the Company.
On March 19, 2024, Sam Pigott and Monica Moretto were appointed to the Board of Directors.
On March 5, 2024, Ganfeng Lithium Co. Ltd. (“Ganfeng”) agreed to invest $70M for an expected 15% stake in the Pastos Grandes project through a subscription of newly-issued shares of the Company’s Argentine subsidiary, Proyecto Pastos Grandes S.A. (the “Pastos Grandes Transaction”).
Ganfeng, with support of Lithium Argentina, will undertake preparation of a regional development plan for the Pastos Grandes basin and surrounding properties, expected to be finalized by the end of 2024.
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https://www.globenewswire.com/news-release/2024/03/21/2849871/0/en/Lithium-Argentina-Reports-Fourth-Quarter-and-Full-Year-2023-Results.html