Lithium Americas Reaches Agreement with GM and U.S. DOE Regarding First Draw on DOE Loan

Core Points - Lithium Americas Corp. has reached an agreement in principle with the U.S. Department of Energy to advance the first draw of $435 million for the Thacker Pass lithium project [1] Group 1 - The joint venture partner for Lithium Americas in the Thacker Pass project is General Motors Holdings LLC [1] - The agreement is referred to as the "First Draw Terms" [1] - The funding is aimed at supporting the development of the Thacker Pass lithium project [1]