Business
Lithium Africa Corp. Engages Market-Making and Marketing Firms and Appoints Director
Lisbon, Portugal--(Newsfile Corp. - March 19, 2026) - Lithium Africa Corp. (TSXV: LAF) (form...
About this update from Lithium Africa Corp.
[{"type":"text","content":"Lithium Africa Corp. Engages Market-Making and Marketing Firms and Appoints DirectorLisbon, Portugal--(Newsfile Corp. - March 19, 2026) - Lithium Africa Corp. (TSXV: LAF) (formerly named Lombard Street Capital Corp.) (the \"Company\") announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group (\"ITG\") to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares. Under the market-making agreement (the \"ITG Agreement\"), ITG will receive compensation of CAD$6,000 per month, payable monthly in advance. The ITG Agreement is for an initial term of one month and will renew for additional one-month terms unless terminated. The ITG Agreement may be terminated by either party with 30 days' notice. There are no performance factors contained in the ITG Agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of the ITG Agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the Company.The Company also announces that, subject to regulatory approval, it has retained Spark Newswire (\"Spark\") to provide marketing consulting services designed to increase brand equity and social awareness. Under the marketing consulting services agreement (the \"Spark Agreement\"), Spark will provide a range of services including media distribution, influencer campaigns, email network distribution, social media distribution, investment thesis video creation, press release writing and distribution, and general capital markets advisory and strategy consulting. The Spark Agreement is for an initial term of one month at a budget of US$50,000 per month. Following the initial term, the Company may elect to continue with an active monthly budget or switch to a monthly maintenance budget of US$50,000 per month that provides for reduced services. The Spark Agreement will automatically renew in one-month increments unless cancelled in writing 15 days prior to the Spark Agreement's expiration date. Spark and the Company are unrelated and unaffiliated entities and at the ti...