The TSX Venture Exchange has accepted for filing Lombard Street Capital Corp.'s (now Lithium Africa Corp.) qualifying transaction (QT), as principally described in the company's filing statement dated Dec. 23, 2025.
The QT includes the following matters, all of which have been accepted by the exchange.
Qualifying transaction -- completed/new symbol
Pursuant to an arm's-length business combination agreement dated July 24, 2025, the company has acquired all of the issued and outstanding shares of Lithium Africa Resources Corp. (LARC), a private corporation.
The company will hold a 50-per-cent joint venture interest in Li2023 Pte. Ltd.
Pursuant to the agreement, the company issued 16,196,990 (postconsolidation) common shares of the company to former LARC securityholders, excluding financing undertaken by LARC, as described below.
Pursuant to the QT, LARC completed a financing, which converted into 2,190,937 (postconsolidation) shares of the company at an effective price of $2.80 for gross proceeds of $6,134,624.
For additional information please refer to the company's filing statement dated Dec. 23, 2025, available under the company's profile on SEDAR+, as well as the company's news releases dated March 31, 2025, April 21, 2025, July 25, 2025, Dec. 24, 2025, Jan. 15, 2026, and Feb. 11, 2026.
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