Lithium Americas SEC Filings

LITHIUM AMERICAS CORP. EVP, Capital Projects Richard Gerspacher reported routine equity compensation activity involving common shares. On February 9, 2026, he acquired 23,746 common shares at $0.00 per share, reflecting a grant or award tied to performance share units granted on February 9, 2023, for which the board determined the performance criteria were met on February 9, 2026. On February 12, 2026, 11,742 shares were disposed of at $4.54 per share in a tax-withholding transaction to cover obligations associated with this award, rather than an open-market sale. Following these transactions, Gerspacher directly holds 149,866 common shares.

LITHIUM AMERICAS CORP. VP of Human Resources Aubree Barnum reported routine equity compensation activity involving company common shares. On February 9, 2026, Barnum acquired 8,548 common shares at no cost as a grant or award, following the board’s determination that performance criteria for previously granted performance share units were met. On February 12, 2026, 3,735 common shares were disposed of to cover tax obligations by delivering shares, a non‑market tax-withholding transaction rather than an open-market sale. After these transactions, Barnum directly held 100,699 common shares, and an additional 24 common shares were held indirectly by a spouse.

LITHIUM AMERICAS CORP. director Michael John Brown reported an open-market purchase of 1,000 Common Shares at a price of $3.7801 per share. Following this transaction, he directly owns 7,201 Common Shares of the company.

Lithium Americas Corp. entered into an Equity Distribution Agreement with TD Securities (USA) LLC to establish an at-the-market equity program. The company may from time to time sell common shares with an aggregate offering price of up to US$250,000,000 through the agent.

TD Securities will act as sales agent and/or principal and receive a commission of up to 3.0% of the gross proceeds from each sale, plus reimbursed expenses. Shares will be issued under an effective shelf registration statement, and any net proceeds are intended for general corporate purposes, including overhead, capital expenditures, debt repayment and working capital.

Lithium Americas Corp. has established an $250,000,000 at-the-market equity program with TD Securities under a Sales Agreement dated March 19, 2026, permitting sales of Common Shares from time to time on the NYSE or through other permitted methods.

The company also maintains a shelf registration for up to $1,000,000,000 of securities. Net proceeds from any sales under the Sales Agreement will be used for general corporate purposes, which may include project and corporate overhead, capital expenditures, repayment of indebtedness and working capital. The prospectus supplement states there were 347,369,613 Common Shares outstanding as of March 18, 2026.

Lithium Americas Corp. reported 2025 results and a major update on its Thacker Pass lithium project. The Company had cash and restricted cash of $905.6 million and total assets of $2,579.0 million as of December 31, 2025, reflecting DOE loan draws and equity issuance.

Thacker Pass development is advancing, with $982.8 million of construction and related costs capitalized to date, including $862.6 million within a total Phase 1 Capex estimate of $2.93 billion. 2026 Capex guidance for Phase 1 is $1.2–$1.5 billion, plus $30–$40 million in other development costs and $45–$55 million in capitalized interest. Operating expenses rose to $52.8 million and net loss to $86.3 million, or $0.50 per share, as the Company scaled construction, corporate functions and financing activities.

Lithium Americas Corp. provides a detailed update on developing its flagship Thacker Pass lithium project in Nevada and the financing structure behind it. The company is building a large-scale, multi‑phase mine and processing complex targeting up to 160,000 tonnes per year of battery‑grade lithium carbonate across five phases, with Phase 1 designed for 40,000 tonnes per year.

To fund Phase 1, Lithium Americas has assembled a capital stack centered on a U.S. Department of Energy loan of up to approximately $2.23 billion, a $625 million joint venture with General Motors for a 62%/38% ownership split, and a $250 million strategic investment from Orion Resource Partners. Several at‑the‑market equity programs and government grants further support construction and related infrastructure such as a transloading terminal and workforce housing.

Construction is advancing with Bechtel as EPCM contractor. The company reports major 2025 milestones including extensive earthworks, foundations, structural steel, and long‑lead equipment installation, with mechanical completion of Phase 1 targeted for late 2027 and ramp‑up through 2028. A technical development center in Reno continues to de‑risk processing flowsheets. The report also outlines extensive risk factors, emphasizing permitting, execution, market, financing and regulatory uncertainties tied to the single key asset, Thacker Pass.

Lithium Americas Corp. director Zach Kirkman filed a Form 4 insider report that, in this excerpt, shows no share purchases or sales. The transaction summary lists zero buys, zero sells, and no other share movements, indicating no reportable trading activity for this period.

Orion Resource Partners (USA) LP reports beneficial ownership of 29,226,660 common shares of Americas Corp., representing about 8.8% of the company’s outstanding common shares. This position comes from a convertible note held by an affiliated fund, which can be converted at $3.78 per share.

Conversions are limited by a “Blocker” that prevents Orion and its affiliates from exceeding 9.99% ownership, with a possible increase to a 19.99% cap at least 60 days after giving notice. Orion has sole voting and dispositive power over the reported shares and states the holdings are in the ordinary course of business, not to influence control.