Lithium Americas Corp. (TSX: LAC) (NYSE: LAC), a Vancouver-based lithium developer advancing the Thacker Pass project in Humboldt County, Nevada, entered into a securities purchase agreement with YA II PN, Ltd., an affiliate of Yorkville Advisors Global, LP for up to $175 million in aggregate principal amount of subordinated convertible debentures. At the initial closing, the company agreed to issue $150 million in debentures, with the right to issue up to an additional $25 million in one or more subsequent closings at its discretion. The debentures are five-year instruments initially drawing $150,000,000 at a 5 percent annual interest rate, with potential rate step-ups tied to specific stock price and registration conditions, and feature a variable conversion price with a floor price and issuer redemption rights after 181 days. Proceeds are intended to strengthen the company's liquidity position as it continues developing Thacker Pass, designed to produce 40,000 tonnes per year of battery-grade lithium carbonate, and the financing complements the project's $2.23 billion U.S. Department of Energy loan and strategic investments from General Motors Holdings LLC and Orion Resource Partners. The company also agreed to suspend sales under its at-the-market equity program for 30 days following the initial closing and is relying on an exemption under Section 602.1 of the TSX Company Manual applicable to eligible interlisted issuers. Goldman Sachs & Co. LLC acted as exclusive financial advisor to Lithium Americas.