Lithium Americas Corp. Included in Global Lithium ETF

Lithium Americas Corp. (TSX:LAC) ("Lithium Americas" or the "Company"), today
announced that it has recently been included in the Global X Lithium Exchange
Traded Fund ("ETF"). 


The ETF, launched by Global X Funds, tracks the Solactive Global Lithium Index.
This index is designed to reflect the performance of the largest and most liquid
listed companies that are active in the exploration and / or mining of lithium
or the production of lithium batteries.


"We see inclusion in the lithium ETF as affirmation that Lithium Americas is one
of the largest and most advanced companies in the lithium exploration and
development industry," said Waldo Perez, President and CEO of Lithium Americas
Corp. "Having recently defined the third largest lithium brine deposit in the
world, and already producing lithium carbonate at laboratory scale, we are
focussed on completing our Preliminary Economic Assessment in Q1 2011 and are
targeting mine construction for 2012, subject to final feasibility. Given our
successful progress to date, and the advanced state of our project, we feel
confident that Lithium Americas will be one of the first large-scale lithium
brine producers to begin commercial production." 


About the Company 

Lithium Americas Corp. is a Company focused on the development of lithium and
potassium projects in South America. The Company's principal and most advanced
property comprises a significant portion of two adjacent Argentinean salt lakes,
Cauchari and Olaroz, covering 64,572 hectares located in the Puna Plateau. The
Puna Plateau is the most prolific brine reserve region globally, hosting
approximately 84 percent of the world's lithium brine reserves. To the best
knowledge of Lithium Americas, its principal property is the 3rd largest lithium
brine resource in the world. Mitsubishi Corporation and Magna International are
shareholders in the Company, in addition to both companies having off-take
arrangements with Lithium Americas. Additional information concerning the
Company's Cauchari-Olaroz project and its in situ measured, indicated and
inferred resource can be obtained from its NI 43-101 technical report dated
Monday December 6th, 2010 and filed on SEDAR.


This press release contains forward-looking statements, which can be identified
by the use of statements that include words such as "could", "potential",
"believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other
similar words or phrases. The Company does not intend, and does not assume any
obligations, to update forward-looking statements, whether as a result of new
information, future events or otherwise, unless otherwise required by applicable
securities laws. Readers should not place undue reliance on forward-looking
statements. Readers should review the Company's prospectus dated May 6, 2010 for
a list of risks associated with the Company, and its business.

Eastfield Resources (TSXV:ETF)
過去株価チャート
から 5 2024 まで 6 2024