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Friday, 05/27/2016 7:44:42 PM

Friday, May 27, 2016 7:44:42 PM

Post# of 10604
March 30, 2016
Lithium Americas Reports on Results of Annual General Meeting,
Appointment of New Directors and New Chairman of the Board,
and Announces Upcoming Conference Call.
Prior to commencement of the Meeting, Jay Chmelauskas, William Haldane, B. Matthew Hornor
and Terry Krepiakevich resigned from the board and withdrew their names as nominees for
election as director at the Meeting


Terry Krepiakevich CPA, CA, ICD.D Audit Committee and Compensation Committee Chair

Note that as Compensation Committee Responsibilities The responsibilities associated with serving on the compensation committee of a company’s board have increased significantly in recent years with the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and mandated “say on pay,” governance reform and enhancements, and increased shareholder activism. With the increasing complexity of the executive compensation landscape, effective management of the ongoing operations of the compensation committee has become increasingly challenging. An understanding of the fundamental responsibilities of the compensation committee and some “best practice” guidelines for committee procedure is essential to effective and responsible committee operations.

Having over 30 years of experience, including financial leadership and strategic direction in treasury, financial reporting and control, capital markets, investor relations, corporate governance, operations and information systems management, mergers, and acquisitions.

His resigning gives incite into the take over abilities of George Ireland and John Kanellitsas Geologic Resource Partners LLC hedge fund.and now after Western Lithium has changed its corporate name to Lithium Americas Corp.under the new management and Minera Exar S.A.
Lithium Nevada Corp ("Lithium Nevada" or "LNC"). and Hectatone Inc are sliced up into a nice pie ready to better serve Lithium Americas Corp. ("Lithium Americas" or "LAC").

Notice how this definitive agreement with Sociedad Quimica y Minera de Chile S.A. ("SQM") (NYSE: SQM) to enter into a 50/50 joint venture (the "Joint Venture") on the Cauchari-Olaroz lithium project in Jujuy, Argentina (the "Joint Venture Transaction").

The Joint Venture will go into effect following a capital contribution of US$25 million by SQM in exchange for a 50% ownership stake in Minera Exar S.A. ("Minera Exar"), a wholly owned subsidiary of LAC.

One piece of the Pie Minera Exar.

.


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