Lithium Americas Comments on Recent Trading Activity
14.11.2013 | Marketwire
TORONTO, ONTARIO -- (Marketwired - Nov 14, 2013) - Lithium Americas Corp. (TSX:LAC) ("Lithium Americas" orthe "Company") is issuing this press release in response to recent unusual trading activity in its shares. The Company is not aware of any circumstances that could reasonably be expected to justify the recent trading activity. The Company continues to pursue ongoing corporate development initiatives and financing opportunities in relation to the development of its Cauchari- Olaroz lithium project. However, at this time, none of these initiatives and opportunities have advanced to a stage that would warrant public disclosure.The Company filed its third quarter 2013 financial statements and MD&A on SEDAR last night.
About the Company
Lithium Americas is developing one of the world's largest and lowest cost lithium operations, and is in continued discussions regarding project financing. The Company has defined the world's third largest lithium brine resource, and a completed definitive Feasibility Study identified that Lithium Americas' operating cost per tonne of lithium carbonate is expected to be one of the lowest in the industry.
Contact
Lithium Americas Corp.
Mike Cosic, Chief Financial Officer
416-360-1921
mcosic@lithiumamericas.com
www.lithiumamericas.com