Lithium americas increases strategic interest in arena minerals

Vancouver, british columbia, nov. 25, 2021 (globe newswire) -- lithium americas corp. (tsx: lac) (nyse: lac) ("lithium americas" or the "company") announces that on november 24, 2021 the company purchased 23,369,003 common shares (the “arena shares”) of arena minerals inc. (tsx-v: an) (“arena minerals”) at a price of c$0.54 per share through an alternative market transaction for aggregate consideration of approximately us$10 million (the “purchase”). the arena shares represent 6.3% of the issued and outstanding common shares of arena minerals as of close of market on november 24, 2021.
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