Lithium Americas Corp (LAAC)

[John-Knee]

Millennial Obtains Final Order of the Court Approving Arrangement with Lithium Americas Corp.
2022-01-11 09:32:40 PM ET (Newsfile Corp)
   
   
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2022) - Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) ("Millennial" or the "Company") is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which Lithium Americas Corp.(TSX: LAC) (NYSE: LAC) ("LAC") is to acquire all of the issued and outstanding shares of Millennial at a price of C$4.70 per common share payable in cash and shares of LAC (the "Arrangement").

All of the conditions to the completion of the Arrangement have now been satisfied, excluding certain conditions that are intended to be satisfied or waived on or about the effective date of the Arrangement. Completion of the Arrangement is expected to occur on or about January 25, 2022.

Additional details on the te rms and conditions of the Arrangement may be found in the Company's news release of November 17, 2021 available on www.sedar.com.

About Millennial

To find out more about Millennial Lithium Corp. please contact Investor Relations at [phone] or email [e-mail].

About LAC

Lithium Americas is a development-stage company with projects in Jujuy, Argentina and Nevada, United States. Lithium Americas trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol "LAC".