GM Holdings provided its nomination notice to Lithium Americas Corp (LAC)
Key Summary: Lithium Americas Corp. (M.Cap: $3.2B) received GM Holdings' (9.99%) nomination for Board election under the Investor Rights Agreement dated February 2023, obligating the company to support and solicit proxies for the nominee at the next director elections.
Market Cap: $3.2 billion | Lithium Americas Corp. operates as a resource company in the United States and Argentina.
On March 23, 2023, GM Holdings (9.99%) provided notice to the company of its nominee for election to the Board pursuant to the Investor Rights Agreement ("IRA") dated February 16, 2023. Under the terms of the IRA, the company is required to take all necessary steps to include the Investor Nominee on the management slate for the next election of directors and to solicit proxies in favor of the election of the Investor Nominee at such meetings. Source
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