![]() | Lithium Americas Completes Strategic Financing with Ganfeng Lithium and Bangchak Corporation Public Company |
2017
Areas | Banking and Finance Law, Corporate Finance and Securities, Mining and Natural Resources |
Summary
Goodmans represented Ganfeng Lithium Co., Ltd. who along with Bangchak Corporation Public Company completed a $355,000,000 financing transaction with Lithium Americas Corp. to finance the development of the Cauchari-Olaroz lithium project in Argentina. GFL and BCP subscribed for approximately $105,000,000 of common shares of Lithium Americas and granted to Lithium Americas a US$205,000,000 (Cdn$250,000,000) credit facility.