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Lithium Africa Corp. (OTCQB: LTAFF) reported that shareholders approved all resolutions at the August 21, 2026 annual general meeting in Vancouver. Seven directors were elected, with most receiving 100% support and Toluwalase Seriki receiving 82.79% of votes cast.
Shareholders appointed Baker Tilly WM LLP as auditor and approved continuation of the Omnibus long‑term incentive plan. Disinterested shareholders approved an amendment raising the Omnibus Plan share reserve from 3,979,702 to 4,995,663 Common Shares (20% of shares outstanding at the record date) and allowing the board to accelerate vesting, plus cancellation of 1,931,835 stock options in favor of 997,909 replacement RSUs and amended vesting for 1,075,000 existing RSUs. A 750,000 RSU grant to CEO Dr. Tom Benson above plan limits was also approved. These compensation changes remain subject to TSX Venture Exchange acceptance, and resulting insider share settlements carry a four‑month hold.
Ernie Ortiz and John Kanellitsas joined the board and were appointed to key committees. The board also approved, effective October 1, 2026, a grant of 300,000 RSUs plus an additional US$30,000 RSU award to incoming CFO James Chabata, with units priced at grant under the Omnibus Plan.
Lithium Africa (OTCQB: LTAFF) announced the appointment of James Chabata, CPA, FCCA, as Chief Financial Officer, effective October 1, 2026, subject to regulatory approvals. He will succeed Jamie Robinson, who has served as CFO since June 2022 and guided the company through its go-public transaction and TSX Venture Exchange listing in February 2026.
According to the company, Mr. Robinson will remain until the end of 2026 to ensure a smooth transition. Mr. Chabata brings over 15 years of African mining finance experience, including roles at Montage Gold, Leo Lithium and several West African gold operators. Lithium Africa highlights its 50/50 joint venture with Ganfeng’s subsidiary GFL International across multiple African lithium projects and its acquisition of a majority interest in the Springbok Project in South Africa.
Lithium Africa (OTCQB: LTAFF) received Section 11 consent from South Africa’s Department of Mineral and Petroleum Resources on July 27, 2026, allowing it to formally complete the acquisition of a 70% majority shareholding in Namli Exploration and Mining, holder of the Springbok Project mineral rights in the Northern Cape.
The company also filed a new NI 43-101 Technical Report on SEDAR+ on July 29, 2026, consolidating historical and company exploration data to support its ongoing 3,500 m drill program at Springbok. Lithium Africa further disclosed and corrected an error in its previously filed Management Information Circular regarding a director’s securityholding, with details provided in a Notice of Correction on its website and SEDAR+.
Lithium Africa (OTCQB:LTAFF) advanced US$250,000 to a subsidiary of a CSE-listed company via an unsecured, non-interest-bearing convertible promissory note maturing on December 3, 2027. The note is convertible, after the contemplated transaction closes, into Target shares valued at 135% of principal, or repayable in cash at the same 135% amount. The Target’s parent has guaranteed the obligations, and both the advance and the proposed transaction remain subject to TSXV and other regulatory approvals.
Lithium Africa also approved amendments to its omnibus long-term incentive plan, increasing the share reserve from 3,979,702 to 4,995,663 shares, cancelling 1,931,835 options and issuing 997,909 replacement RSUs, and amending vesting on 1,075,000 RSUs. These changes require disinterested shareholder approval at the August 21, 2026 AGM and TSXV acceptance. Separately, the company appointed Baker Tilly WM LLP as auditor following the resignation of Deloitte LLP, with the change-of-auditor package filed on SEDAR+.
Lithium Africa (OTCQB:LTAFF) announced that Mr. John Kanellitsas and Mr. Ernie Ortiz will stand for election to the Board of Directors at the Annual General Meeting on August 21, 2026. The company also disclosed that directors Robert Eckford and, earlier, Tyron Breytenbach will not continue on the Board.
Lithium Africa (OTCQB:LTAFF) appointed Dr. Thomas Benson as CEO on July 1, 2026 and outlined a capital-efficient exploration strategy backed by Ganfeng (~13.2% shareholder and 50/50 JV partner).
Drilling is underway at the 3,500 m Springbok and 2,000 m Adzopé programs, alongside a potential ~30,000-tonne Springbok stockpile sale as non-dilutive funding.
Lithium Africa (OTCQB:LTAFF) appointed Dr. Thomas Benson as Chief Executive Officer, effective July 1, 2026. He joined the board in April 2026 and will remain a director.
Current CEO and co-founder Tyron Breytenbach will step down and become Capital Markets Advisor, supporting capital markets, strategic relationships, and growth priorities.
Lithium Africa (OTCQB:LTAFF) will sponsor and participate in the Fastmarkets Global Lithium, Battery & Critical Materials Conference in Las Vegas, held June 22-25, 2026.
Director Dr. Tom Benson joins a June 24 panel on Africa's role in global lithium supply, demand and pricing, alongside other sector leaders.
Lithium Africa (OTCQB:LTAFF) outlined its plan to advance the Springbok Project in South Africa, centered on the past-producing Norrabees lithium mine and a 30,000 tonne stockpile.
Key steps include a July 2026, 3,500 m drill program, stockpile sale process, camp upgrades, a new local subsidiary, and ongoing regional exploration.
Lithium Africa (OTCQB:LTAFF) appointed Dr. Rachel Hampton as Vice President of Exploration, effective May 29, 2026. She brings lithium exploration experience across brine, volcano-sedimentary and pegmatite deposits, plus machine learning expertise.
She will oversee African exploration, including the Adzopé and Springbok projects, and receive 200,000 RSUs.