Lithium Americas Corp (LAAC)

[JC8484]

Here are a few takeaways from conference call:

deal done with current shareholders in mind best way with no dilution of current shareholders dilution

all callers really really liked deal - mainly companies

feasibility report sounds like february 2017 - just needed update increase li production 20,000 to 25,000 - li market better, potash market worse

LACDF with agreement has a market in place for 70% of their 50% share from project at li market price

infrastructure is ready for ramp up of production construction - construction has been going on prior to these announcements

nevada - work going on but lower profile - senior mgmt focused argentina - have a small focused nevada team there - definitive guidance YE 2017 for value of nevada li reserves- mgmt excited about potential.

clay fracking - launched at worst time in oil and gas - new products developed. oil and gas showing recovery - business line making good progress with profitability likely YE 2017

any plan to list in australian exchange - australian companies are valued higher then north america - company evaluating opportunity

argentina - political change over last 13 months has been extremely positive - working with senior political people - joint venture will be biggest company in provenance - good for local employment, good for country - new argentine president excited.