Highest-materiality recent filing
Lithium Americas Q1 net income $4.6M; Thacker Pass on track for late 2027 completion
Net income of $4.6M vs net loss of $11.5M in Q1 2025, largely due to non-cash gain on embedded derivative.
Net loss of $86.3M ($0.50 diluted EPS) vs $42.6M ($0.21) in 2024; operating expenses $52.8M up from $28.3M.
Lithium Americas establishes $250M at-the-market equity offering program with TD Securities
Entered into Equity Distribution Agreement with TD Securities to sell up to US$250M common shares via ATM program.
Lithium Americas grants DOE 5% equity warrants, signs put/call with GM
Issued DOE warrant for 18,268,687 common shares (5% of outstanding) at $0.01/share, 10-year term.
Lithium Americas reports Q3 net loss $223.9M; receives $435M DOE loan drawdown
Nine-month net loss $223.9M ($0.98 per share) from non-cash embedded derivative loss; opex $24.1M.
Lithium Americas finalizes DOE loan amendment; DOE defers $184M debt, gets 5% equity warrants
DOE defers $184M of debt service from first five years to remaining maturity; LAC to contribute $120M to reserves within 12 months.
Lithium Americas enters $250M ATM equity distribution agreement with TD Securities
Agreement allows sale of up to US$250M common shares at-the-market via TD Securities.
$435M first draw expected Q4 2025 on $2.26B DOE loan for Thacker Pass; total loan adjusted to $2.23B.
Lithium Americas Q2 net loss $24.8M; Thacker Pass Phase 1 on track for late 2027
Net loss for six months ended June 30, 2025 was $24.8M ($0.11 loss per share), up from $12.8M in 2024 due to transaction costs.
Net loss $11.5M ($0.05/share) vs $6.3M ($0.04/share) in Q1 2024; increase due to higher G&A and transaction costs.
Lithium Americas closes $250M Orion investment, achieves FID for Thacker Pass Phase 1
Closed $195M convertible note at 9.875% interest, $25M production payment from Orion; additional $30M delayed draw notes available.
Lithium Americas reports FY2024 net loss of $42.6M; Thacker Pass construction on track for late 2027
Net loss of $42.6M ($0.21 per share) vs $5.1M in 2023; operating expenses $28.3M.
$195M convertible note at 9.875% interest, convertible at $3.78/share, with a 5-year maturity.
Lithium Americas secures $250M Orion investment to fully fund Thacker Pass Phase 1
Orion invests $250M: $195M convertible notes (9.875% interest, conv. price $3.78), $25M PPA, $30M delayed draw.
Lithium Americas announces increased mineral resource and reserve at Thacker Pass
Press release announces increased mineral resource and reserve estimate for Thacker Pass lithium project in Nevada.
On May 4, 2026, the board of directors (the “Board”) of Lithium Americas Corp. (the “Company”) appointed Clayton Walker to serve as a member of the Board, effective May 4, 2026.
April Hashimoto, the Company’s Senior Vice President, Finance and Administration, who has been acting as the Company’s interim Chief Financial Officer since November 25, 2024, will cease to be the Company’s interim Chief Financial Officer and principal accounting officer and resume her role as the Company’s Senior Vice President, Finance and Administration, to take effect January 28, 2025.
On January 6, 2025, Lithium Americas Corp. (the “Company”) appointed Brandin Luke Colton (Luke Colton) to serve as the Company’s Executive Vice President and Chief Financial Officer to take effect January 29, 2025.
Max materiality 0.85 · Median 0.72 · Most common event other_material