Lithium Americas (TSE: LAC)(Lac.ca)(OTCQX: LACDF) finally has provided a firm update and precise time they plan to enter the NYSE. This is great news for investors that have been waiting patiently to find out. There have been high hopes, with estimates between 15-20 dollars, for this pure lithium play (the only at the current time). As always only time will tell but with the huge demand for lithium (Lithium Demands Rising) that will only grow in the coming years as more and more products continue to expand their battery use. Here at HighTop StockWatch we can easily forsee a positve(+) future for Lithium Americas (TSE:LAC)(OTCQX: LACDF). Check out the current sentiment on this equity below and good luck !
Lithium Americas has received approval to list its common shares on the NYSE. The Company expects its common shares will open for trading on the NYSE on January 25, 2018, under the symbol “LAC”. The Company’s common shares will continue to trade on the OTCQX under the symbol “LACDF” until the close of market on January 24, 2018.
About Lithium Americas
Lithium Americas, together with SQM, is developing Cauchari-Olaroz, located in the Province of Jujuy, Argentina, through its 50% interest in Minera Exar. In addition, Lithium Americas owns 100% of Lithium Nevada (formerly Kings Valley project), and RheoMinerals Inc., a supplier of rheology modifiers for oil-based drilling fluids, coatings, and specialty chemicals. The Company trades on the Toronto Stock Exchange and expects to trade, effective January 25, 2018, on the NYSE, under the ticker symbol “LAC”.
For further information contact:
Lithium Americas Corp.
Suite 1100 – 355 Burrard Street
Vancouver, BC, V6C 2G8
This news release contains “forward-looking information” and “forward-looking statements” (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation. Such forward-looking information is subject to various risks and uncertainties. Forward-looking information in this news release includes, but is not limited to, statements with respect to the timing of commencement of trading of the Company’s securities on the NYSE, timing of development of the Cauchari-Olaroz project, including, but not limited to, in regard to pond construction and commencement of production at Cauchari-Olaroz, and timing of completion of a PFS for Lithium Nevada. Forward looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information, including, but not limited to, risks and uncertainties related to whether there will ever be production at the Company’s mineral properties, geological, technical, drilling or processing problems, environmental liabilities and risks inherent in mineral extraction operations, lack of availability of additional financing, and obtaining regulatory approvals in a timely manner, or at all. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Accordingly, readers are cautioned not to place undue reliance on forward-looking information.
Source: Lithium Americas
**GLOBE NEWSWIRE JAN 18 2018
** We are currently long TSE:LAC but as always the opinions stated are that just opinions, you make and are responsible for your choices and investments, good luck!