26
Nov
13:18
LITHIUM: Lithium America invests in Arena Minerals, Argentina projects
Lithium Americas says it is increasing its stake in Canada-based Arena Minerals from 11.6% to 17.9%, Kallanish reports.
Lithium Americas says the investment is to strengthen its resource development plans for lithium in Argentina.
The company has purchased 23.3 million common shares of the mineral exploration company at a price of CAD 0.54 ($0.42)/share through an alternative market transaction for an aggregate consideration of about $10m. The shares represent ab…
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