Lithium Argentina Completes Corporate Migration to Switzerland
23 January 2025 - 11:00PM
Lithium Argentina AG (formerly Lithium Americas (Argentina) Corp.)
(“
Lithium Argentina” or the
“
Company”) (
TSX: LAAC)
(
NYSE: LAAC) announces that it has completed the
previously announced plan to establish corporate domicile in
Switzerland from Canada (“
Corporate Migration”).
As part of the Corporate Migration, the Company
has changed its name to Lithium Argentina AG. The Company continues
the listing of its common shares on the Toronto Stock Exchange
(“TSX”) and the New York Stock Exchange
(“NYSE”) under the new symbol “LAR”. The Company
anticipates that trading under this new symbol will commence on
January 27, 2025. The Company will continue to be subject to the
public company reporting requirements under Canadian and U.S.
securities laws.
ABOUT LITHIUM ARGENTINA
Lithium Argentina is a producer of lithium
carbonate for use primarily in lithium-ion batteries and electric
vehicles. The Company, in partnership with Ganfeng Lithium Co. Ltd,
is operating the Caucharí-Olaroz lithium brine operation in
Argentina and advancing development of additional lithium resources
in the region. Lithium Argentina currently trades on the TSX and on
the NYSE. The Company has its registered and head offices in Zug,
Switzerland and the operational headquarters of the Lithium
Argentina group of companies is in Buenos Aires,
Argentina.
For further information contact:Investor
RelationsTelephone: +1 778-653-8092Email:
Kelly.obrien@lithium-argentina.comWebsite:
www.lithium-argentina.com
FORWARD-LOOKING INFORMATION
This news release contains “forward-looking
information” within the meaning of applicable Canadian securities
legislation and “forward-looking statements” within the meaning of
the United States Private Securities Litigation Reform Act of 1995
(collectively referred to herein as “forward-looking information”).
These statements relate to future events or the Company’s future
performance. All statements, other than statements of historical
fact, may be forward-looking information. Forward-looking
information generally can be identified by the use of words such as
“seek,” “anticipate,” “plan,” “continue,” “estimate,” “expect,”
“may,” “will,” “project,” “predict,” “propose,” “potential,”
“targeting,” “intend,” “could,” “might,” “should,” “believe” and
similar expressions. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking information.
In particular, this news release contains
forward-looking information, including, without limitation, with
respect to the following matters or the Company’s expectations
relating to matters such as the anticipated timing of trading under
the new symbol; the expected growth initiatives in the lithium
industry; and the Company’s positioning us for a successful
future.
Forward-looking information does not take into
account the effect of transactions or other items announced or
occurring after the statements are made. Forward-looking
information contained in this news release is based upon a number
of expectations and assumptions and is subject to a number of risks
and uncertainties, including, but not limited to those related to:
uncertainties with respect to satisfying requirements of necessity
or desirability of permitting; the continued listing on the TSX and
NYSE; being subject to satisfying all conditions prescribed by the
exchanges; there being no guarantee that the redomiciling will
procure the anticipated benefits nor that the expected impacts will
materialize as expected; potential adverse tax consequences
resulting from the transaction; risks associated with the Company
being governed under a different corporate legal regime post
continuation; change in the rights of shareholders as a result of
the continuation; unforeseen events that could prevent;
uncertainties inherent to economic studies and mineral resource and
reserve estimates; global financial markets, general economic
conditions, competitive business environments, and other factors
that may negatively impact the Company’s financial condition; the
inability of the Company to secure sufficient additional financing
to develop the Company’s mineral projects; and all the other risk
factors identified herein and in the Company’s latest annual
information form and in other continuous disclosure filings
available on SEDAR+ and EDGAR. All forward-looking statements
included in this news release are qualified by these cautionary
statements. The forward-looking statements contained herein are
made as of the date of this news release and, except as required by
applicable law, the Company does not undertake any obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events or otherwise.
Readers are cautioned that the actual results
achieved will vary from the information provided herein and that
such variations may be material. Consequently, there are no
representations by the Company that actual results achieved will be
the same in whole or in part as those set out in the
forward-looking statements.
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