Next Steps

Given the project is fully permitted, and the results of the Feasibility study conclude that the project has favourable economic potential, the last major milestone before construction is the obtainment of project financing. To that end, an Executive Committee of the Board was created to oversee the process of soliciting financing proposals and to manage discussions with current and prospective strategic partners. The Executive Committee will be assisted in this effort by Scotia Capital, acting as Lithium Americas’ financial advisor. Negotiations with strategic partners regarding project financing have commenced, and are targeted to be completed in early 2013.