representative work

Lithium Americas Closes US$400 Million (C$510 Million) Public Offering

01/22/2021

On January 22, 2021, Lithium Americas Corp. completed an overnight market public offering of 18,181,818 common shares at a price of US$22 (C$28) per common share for gross proceeds of US$400 million (C$510 million), which included the exercise in full of the underwriters’ over-allotment option.

The offering was conducted by a syndicate of underwriters that included Canaccord Genuity, Deutsche Bank Securities, Stifel Nicolaus, Evercore Group, National Bank Financial and Cormark Securities.

Cassels acted for Lithium Americas with a deal team that included David Redford, Jennifer Poirier, Pamela Hojilla and Aamir Chherawala (Securities and Mining), and Corinne Grigoriu and Jocelyn Arnason (Tax).