Public market insider selling at Lithium Americas (LAC)

Public market insider selling at Lithium Americas (T:LAC)

Geologic Resource Partners Llc, a 10% Holder, disposed of 560,559 Common Shares on an indirect ownership basis for registered holder Geologic Resource Partners LLC at a price of $47.240 on April 4th, 2022. This represents a $26,480,807 divestment of the company's shares and an account share holdings change of -100.0%.

George R. Ireland, a Director and 10% Holder, disposed of 6,226 Common Shares on a direct ownership basis at a price of $48.410 on April 4th, 2022. This represents a $301,401 divestment of the company's shares and an account share holdings change of -0.2%.

Lithium Americas is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Lithium Americas Corp., formerly Western Lithium USA Corp., is a resource company. The Company is focused on development of two lithium development projects: the Cauchari-Olaroz project, which is located in Jujuy province of Argentina and the Lithium Nevada project, which is located in north-western Nevada, the United States. Its segments are Organoclay, Lithium Nevada, Cauchari-Olaroz and Corporate. Its geographical segments are Canada, the United States, Germany and Argentina. The Cauchari-Olaroz project is a lithium brine mineral project. The Lithium Nevada project is a smectite clay-based lithium project. In addition, its plant facility located in Fernley, Nevada, is constructed to manufacture specialty organoclay products (Hectatone products), derived from hectorite and other clays. Hectatone specialty organoclay products, derived from its hectorite clay and other clays, are used by oil and gas industry as specialty viscosifier additives for drilling fluids and in other sectors.