The Toronto Stock Exchange reports that Lithium Americas Corp. (Old Lithium Americas) expects to complete a plan of arrangement on Oct. 3, 2023, to effect a separation of Old Lithium Americas into Lithium Americas (Argentina) Corp. (Lithium Argentina) and a new Lithium Americas Corp. (New Lithium Americas). Pursuant to the arrangement, Old Lithium Americas shareholders will receive, in respect of each Old Lithium Americas common share held, one common share of Lithium Argentina and one common share of New Lithium Americas.

According to the TSX, Lithium Argentina will be listed on the TSX at the open on Oct. 4, 2023, in substitution for Old Lithium Americas. Lithium Argentina will trade under the symbol LAAC and with new Cusip No. 53681K 10 0. To receive the Lithium Argentina and New Lithium Americas shares, Old Lithium Americas shareholders must return the letter of transmittal together with certificates of direct registration system advices representing the Old Lithium Americas shares to Computershare Investor Services Inc. at its principal offices in Toronto.

The TSX has issued a separate bulletin regarding the listing of New Lithium Americas. For more information, see Old Lithium Americas' management information circular dated June 16, 2023, and its news release dated Sept. 28, 2023, available on SEDAR+.