Lithium Americas Announces Initial Closing Of $650 Million Investment From General Motors
Amount Raised
$650 Million
Round Type
Venture
VancouverEnergyMiningDescription
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced the closing of the initial tranche, an investment of $320 million, of its previously announced $650 million investment by General Motors Co. (NYSE: GM) (“GM”). Proceeds from GM’s investment are to be used to accelerate the development of the Company’s Thacker Pass lithium project (“Thacker Pass”) located in Humboldt County, Nevada, the largest known lithium resource in the United States that is fully permitted to begin construction.
Who else raised in Energy and Mining around the same time
Companies in the same sectors as Lithium Americas that raised within 45 days of this round, from Fundz verified event records.
- Silver Spruce Resources raised $304K (Seed) on March 28, 2023.
- pH7 Technologies raised an undisclosed amount (Funding Round) on March 27, 2023.
- KoBold Metals raised $195M on March 21, 2023.
- Patriot Battery Metals Inc. raised $36M (Funding Round) on March 20, 2023.
- Lion Copper Corp. raised $1.3M (Seed) on March 2, 2023.
- Rupert Resources Ltd raised $8.9M on February 28, 2023.
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Related People
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