Lithium Americas shareholders approve split between U.S. and Argentina businesses
BNN Bloomberg
Lithium Americas Corp. says shareholders have approved its split into two companies.
The Vancouver-based company says shareholders voted in favour of separating the company into two entities: Lithium Americas (Argentina) Corp., and a new Lithium Americas Corp.
President and CEO Jonathan Evans says the Lithium Argentina team will advance the Cauchari-Oloroz project, while the Lithium Americas team will advance the Thacker Pass project.
The separation is targeted to become effective this October, subject to regulatory approvals and closing conditions.
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