other material
confidence high
sentiment neutral
materiality 0.65
Lithium Americas establishes $250M at-the-market equity offering program with TD Securities
LITHIUM AMERICAS CORP.
- Entered into Equity Distribution Agreement with TD Securities to sell up to US$250M common shares via ATM program.
- No obligation to sell; sales will be made on NYSE or other trading markets at prevailing prices.
- Commission to Agent up to 3.0% of gross proceeds; proceeds intended for general corporate purposes.
- ATM program effective upon signing until all shares sold or agreement terminated.