Lithium Americas Corp

LAC: XTSE (CAN)
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Lithium Americas: US Government Takes 5% Stake in Project and 5% Stake in Company

Lithium Americas announced a new deal with the US government that modified its US Department of Energy loan. Under the new deal, the US government will have warrants to own a 5% stake in the Thacker Pass project and a 5% stake in the company. Shares were up 27% at the time of writing Oct. 1.

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