Lithium Americas Files Financial Reports for Three Months

Lithium Americas Corp. (TSX:LAC) has filed its financial reports for three months till November 30, 2011.

As quoted in the press release:

As at November 30, 2011, a total of $35.9 million has been invested in property rights and exploration on the Company’s Cauchari-Olaroz Lithium/Potash Project in Argentina. As at November 30, 2011, the Company had $11.5 million in cash and cash equivalents and positive working capital of $11.6 million.

Lithium Americas’ President and CEO, Dr. Waldo A. Perez said:

After consistently achieving the key milestones in defining and understanding our resource, Lithium Americas is now positioned to complete its definitive Feasibility Study (“DFS”) and commence construction of one of the world’s largest and lowest cost lithium operations

Click here to read the Lithium Americas Corp. (TSX:LAC) press release.