Breakeven Date Change • Aug 14 The 7 analysts covering Lithium Americas previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 19% per year to 2027. The company is expected to make a profit of US$110.7m in 2028. Average annual earnings growth of 57% is required to achieve expected profit on schedule.
Announcement • Aug 07
Lithium Americas Corp. announced that it expects to receive $175 million in funding from Yorkville Advisors Global LP Lithium Americas Corp. entered into a Securities Purchase Agreement with YA II PN, Ltd. pursuant to which the Company agreed to issue and sell subordinated convertible debentures in aggregate principal amount of $175,000,000 on August 5, 2026. The Company will initially issue $150,000,000 in aggregate principal amount of the Debentures upon filing its quarterly report on Form 10-Q for the period ended June 30, 2026 and the remaining $25,000,000 may be sold from time to time in one or more delayed closings upon exercise of the Company’s put right as further described in the Purchase Agreement. Debentures will be issued at 100% of principal. The debentures have term of 5 year maturity with 5% annual interest rate. The interest rate increases to 7.50% during the initial two year period, and to 15% after two years, in each case if certain specified events occur (including if the stock price falls below the floor price for a specified period, if the registration statement is unavailable for an extended period, or if the exchange cap is substantially exhausted). The debentures are convertible at a conversion price equal to the lower of (i) a fixed price (which shall be the higher of 140% of the New York Stock Exchange (“NYSE”) official closing price on the day prior to the date of issuance and $3.79), or (ii) 95% of the lowest daily VWAP during the five consecutive trading days immediately preceding the date of conversion, subject to a floor price equal to 50% of the NYSE official closing price on the day prior to the date of issuance (which shall be reduced in certain circumstances, but in no event to less than 20% of such price). Subject to the forgoing repayment limitations, following the 181st day after the date of issuance, the Company may exercise an optional redemption of all. Live News • Aug 07
Lithium Americas Secures $175 Million Financing for Thacker Pass Construction Liquidity Lithium Americas agreed to a securities purchase deal with an affiliate of Yorkville Advisors Global for up to US$175 million in subordinated convertible debentures to support liquidity as construction continues at the Thacker Pass lithium project, which is designed for 40,000 tonnes per year of battery-grade lithium carbonate.
The new financing sits alongside existing project funding that includes a US$2.23 billion U.S. Department of Energy loan and capital from General Motors and Orion Resource Partners, indicating multiple funding sources tied directly to Thacker Pass.
Lithium Americas shares trade around CA$4.23, with the stock down about 44.6% over the past 90 days.
The key takeaway is that Lithium Americas is relying more on convertible debt to fund Thacker Pass, which supports near-term project spending but also introduces future dilution risk that investors need to weigh against the additional liquidity. 
