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Lithium Americas Raises $275M for Thacker Pass

Lithium Americas Corp. (TSE:LAC) has released an update.

Lithium Americas Corp. successfully closed an underwritten public offering, issuing 55 million common shares at $5 each, resulting in $275 million in gross proceeds. These funds are earmarked for the construction and development of the Thacker Pass lithium project in Nevada, which is a strategic move to advance the company’s position in the lithium market.

For further insights into TSE:LAC stock, check out TipRanks’ Stock Analysis page.

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