Lithium americas shareholders approve plan to separate into two leading lithium companies

Vancouver, british columbia, july 31, 2023 (globe newswire) -- lithium americas corp. (tsx: lac) (nyse: lac) (“lithium americas” or the “company”) is pleased to announce that shareholders have voted in favor of the separation of the company into lithium americas (argentina) corp. (“lithium argentina”) and a new lithium americas corp. (“lithium americas (newco)”) pursuant to a statutory plan of arrangement (the “separation”) at the company's annual general and special meeting of shareholders held today (the “meeting”). the separation was approved by 98.85% of the votes cast by shareholders present or represented by proxy at the meeting, as well as 98.78% of the votes cast excluding those of such shareholders who are required to be excluded pursuant to multilateral instrument 61-101 – protection of minority security holders in special transactions.
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