Lithium Americas Corp. · NYSE:LAC
Lithium Americas — Merger or Acquisition (August 2018)
11 slides from Lithium Americas's merger presentation, Aug 14, 2018
Slide 1: Strategic Transaction to Jointly Advance Caucharí-Olaroz
STRATEGIC TRANSACTION TO JOINTLY ADVANCE CAUCHARÍ-OLAROZ AUGUST 14, 2018 Caucharí-Olaroz Project Jujuy, Argentina
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Technical Information experience and perception of historical trends, current conditions and expected Scientific and technical information in this presentation about the Caucharí-Olaroz future developments, as well as other factors management believes are Project and the Thacker
Slide 3: Transaction Overview
TRANSACTION OVERVIEW Ganfeng has agreed to purchase SQM’s interest in Caucharí-Olaroz SQM will receive from Ganfeng: (1) $87.5 million on closing, and (2) $50 million payable on satisfaction of certain agreed milestones when Caucharí-Olaroz has successfully reached production LAC increases its
Slide 4: Transaction Highlights
TRANSACTION HIGHLIGHTS Ganfeng pays purchase price of SQM’s interest in Caucharí-Olaroz Increases LAC’s Project LAC increases its interest by 25% (from 50% to 62.5%) by Interest converting previously contributed funds into shares Ganfeng is China’s largest (+US$5 billion market cap.) verticall
Slide 5: New Caucharí-Olaroz Partnership with Ganfeng Lithium
NEW CAUCHARÍ-OLAROZ PARTNERSHIP WITH GANFENG LITHIUM Lithium Americas and Ganfeng Lithium have agreed to jointly own, develop and operate the Caucharí-Olaroz project 62.5% 37.5% * 100% CAUCHARÍ-OLAROZ PROJECT *Jujuy Energía y Minería Sociedad del Estado (JEMSE), a Jujuy government owned company, has
Slide 6: Key Transaction Terms
KEY TRANSACTION TERMS New Caucharí-Olaroz JV Asset Caucharí-Olaroz, Jujuy, Argentina (100% owned by Minera Exar S.A) • 62.5% Lithium Americas (LAC) Ownership • 37.5% Ganfeng Lithium (GFL) • GFL funds initial payment to $87.5 million to purchase SQM’s interest in Minera Exar and Initial Payment repay
Slide 7: Caucharí-Olaroz Lithium Update
CAUCHARÍ-OLAROZ LITHIUM UPDATE Fully-permitted lithium brine project under construction in Jujuy, Argentina Minera Exar team assembled in Jujuy, Argentina • Over 400 employees and contractors mobilized in Jujuy, Argentina, including 187 Minera Exar employees Construction schedule on track • Pond and
Slide 8: Caucharí-Olaroz Construction Schedule
CAUCHARÍ-OLAROZ CONSTRUCTION SCHEDULE H1 2017 H1 2018 2019 Started Stage 1 Started pond construction Plant construction development Detailed engineering for infrastructure 2017 2018 2019 2020 H2 2017 H2 2018 2020 Commenced detailed engineering Begin filing ponds Commissioning and Expansion of camp D
Slide 9: Strategic Partnership with Ganfeng Lithium
STRATEGIC PARTNERSHIP WITH GANFENG LITHIUM Lithium Americas and Ganfeng Lithium have entered a Strategic Collaboration Agreement to explore future partnership opportunities Builds on new Partnership at Caucharí-Olaroz • LAC’s relationship with Ganfeng commenced in 2016 with the financing and off-tak
Slide 10: Transaction Summary
TRANSACTION SUMMARY Increases LAC’s Project Interest Leverages Ganfeng’s Technical Expertise Improves Financing Flexibility Maintains Construction Schedule Creates Partnership for Future Growth TSX: LAC AUGUST 14, 2018 | 10 NYSE: LAC
Slide 11: Lithium Americas
LithiumAmericas & a Sy,
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