Long Term Land Use Agreements Secured

Lithium Americas has secured long term land use agreements (the “Agreements”) with five aboriginal communities located on the Cauchari-Olaroz properties.  Under the terms of the Agreements, Lithium Americas will pay pre-determined fees upon signing of the Agreements, approval of the EIS, as well as annual fees over the 30-year term of the Agreements.  Other important aspects of the Agreements are to provide employment priority to individuals living in the local communities, to provide training programs to the local communities, to establish joint environmental monitoring programs, and to implement a program to develop local service providers.  Lithium Americas expects to finalize the land use agreement with the sixth and final aboriginal community in the near future.