Terms and Conditions of Use
Please read the following terms and conditions carefully before using the Lithium Americas web site. By accessing or using this web site, you agree to the following terms and conditions. You should review these terms and conditions regularly as they may change at any time at our sole discretion. If you do not agree to any term or condition, you should not access or otherwise use this web site. Whenever we use the term “content”, we are referring to any materials, documents, images, graphics, logos, design, audio, video and any other information provided from or on the Lithium Americas web site. “Lithium Americas” or the “Company” refers to Lithium Americas Corp.
Our Web Site Content is for Your Convenience and Information Only
Our web site is provided to you without charge as a convenience and for your information only. Our web site and the content on our web site are provided “as is” and “as available”. To the fullest extent permissible under applicable law, the Company disclaims all representation and warranties, whether express, implied or statutory (including without limitation any warranties of merchantability, fitness for a particular purpose, accuracy and non-infringement). By merely providing access to our web site content, we do not warrant or represent, and you should not assume, that the content on our web site includes all material information pertaining to Lithium Americas or that such content represents the most current and up-to-date material information that is publicly available with respect to Lithium Americas. Information is believed to be accurate at the time it is posted, however, it may be superseded by subsequent disclosures. Whenever we use the term “material information”, we mean information relating to the business, operations or securities of Lithium Americas that would reasonably be expected to significantly affect the value of Lithium Americas or the market price or value of the common shares of Lithium Americas Corp.
We may disclose material information relating to Lithium Americas by way of news release or in statutory public filings prior to posting such information on our web site. Information on this web site, including material information, may have been modified, superseded, replaced or supplemented by more current information disclosed in such press releases or in such statutory public filings with Canadian regulatory authorities.
The Company does not warrant or make any representations regarding the use or the results of the use of any content on our web site. The information on this web site is not intended to modify, qualify, supplement or amend information disclosed by or on behalf of the Company under corporate, securities or other legislation of any jurisdiction and should not be used for the purpose of making investment decisions involving securities of the Company. Copies of public disclosure documents are available from the System for Electronic Document Analysis and Retrieval web site at www.sedar.com. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by the Company to that effect.
We do not warrant or represent, and you should not assume, that: we have a duty to update any content, except to the extent required by applicable law; the content is free from technical inaccuracies or typographical errors; the content is free from changes caused by third parties; and your access to our web site will be free from interruptions, errors, computer viruses or other harmful components.
If you use our web site, you do so at your own risk. Under no circumstances, including, but not limited to, negligence, will we be liable for any claims, expenses, damages (including direct or indirect, special, incidental, consequential or other damages), loss of profits, opportunities or information arising from:
- the use of or reliance on information contained in this web site;
- any inaccuracy or omission in such information or failure to keep the information current;
- use of any third party web sites linked to this web site;
- any Internet software used in connection with this web site or computer viruses or other destructive programs encountered as a result of using this web site; and
- any other matter connected with this web site.
These limitations apply even if one of our representatives has been advised of the possibility of your claims, expenses, damages or losses.
We Have No Control Over or Responsibility for Third Party Content
We may provide hyperlinks or pointers to other web sites maintained by third parties. Any links to third party web sites are provided for your convenience and information only. The content in any linked web site is not under our control so we are not liable or responsible for (nor do we make any representations or warranties of any kind regarding) the accuracy, relevancy, completeness, timeliness or legality of any content, including any further links in a third party site. If you decide to access any of the third party sites linked to our web site, you do this entirely at your own risk. It is up to you to take precautions to ensure that the third party you link to for your use is free of computer viruses and other items of a destructive nature. We reserve the right to terminate a link to a third party web site at any time. The fact that we provide a link to a third party web site does not mean that we monitor, endorse, authorize or sponsor that web site or any content contained on such web site. It also does not mean that we are affiliated with the third party web site’s owners or sponsors. If a third party links to our web site, it is not necessarily an indication of an endorsement, authorization, sponsorship, affiliation, joint venture or partnership by or with us. In most cases, we are not aware that a third party has linked to our web site.
We Are Not Offering Securities or Providing Investment Advice
Nothing in this web site constitutes investment advice, including our public filings with Canadian securities regulatory authorities. In addition, this web site is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such.
Do Not Rely on Stock Price Information
We do not generate the information regarding Lithium Americas Corp. stock price quotes or historical stock price data for our web site and the quotes are delayed. You should not rely on the stock price quotes or historical stock price data for investment purposes. If you are contemplating trading in the securities of Lithium Americas, we strongly advise you to seek independent professional advice before making any investment decision. Lithium Americas makes no representation or warranty regarding adequacy, accuracy, timeliness or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy, timeliness or completeness of the information provided herein. Under no circumstances, will we be liable for any inaccuracies or omissions in any such information or data, any delays or errors in the transmission thereof, or any loss or direct, indirect, incidental, special or consequential damages caused by reliance on this information or the risks arising from the stock market.
Cautionary Note Regarding Forward-Looking Information
Certain of the statements made and information contained herein is “forward-looking information” within the meaning of applicable Canadian securities legislation, and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively referred to as “forward-looking information”). All statements, other than statements of historical fact, may be forward-looking information. These statements relate to future events or the Company’s future performance, including, but not limited to, the Company’s Mission Statement and Vision Statement and statements with respect to capital expenditure programs; estimates of the quality and quantity of the mineral resources and mineral reserves at its mineral properties; development of mineral resources and mineral reserves; treatment under governmental and taxation regimes; expectations regarding the Company’s ability to raise capital; expenditures to be made by the Company on its properties; the Company’s expectations regarding timing and successful production of lithium carbonate and other by-products from the lithium demonstration plant; the Company’s expectations regarding the preparation of an updated study for lithium carbonate production at the Lithium Nevada project; the expected timeline for the development of the Cauchari-Olaroz project; work plans to be conducted by the Company and the joint venture, including expectations with respect to the operational status of, and timing of commercial production at, its organoclay plant; the Company’s plans to introduce certain products to the market; the Company’s ability to source sales contracts for its organoclay products; the development of the Lithium mining industry in Nevada; and the demand for lithium-based products. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “propose”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions.
All such forward-looking information is based on certain assumptions and analyses made by Lithium Americas’ management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include the following: volatility in the market price for minerals; uncertainties associated with estimating mineral resources and mineral reserves; uncertainty of whether there will ever be production at the Company’s mineral exploration properties; geological, technical, drilling or processing problems; liabilities and risks, including environmental liabilities and risks, inherent in mineral extraction operations; fluctuations in currency exchange and interest rates; incorrect assessments of the value of acquisitions; unanticipated results of exploration activities; competition for, amongst other things, capital, undeveloped lands and skilled personnel; lack of availability of additional financing and/or joint venture partners; unpredictable weather conditions; unanticipated delays at the lithium demonstration plant or at the Fernley Facility or in preparing the feasibility study; the ability to manufacture an organoclay product that meets customer requirements; an increase in the costs of manufacturing organoclay, including the costs of any raw materials used in the process; and a reduction in the demand for shale or ultra-deep drilling, as well as other factors described under the heading “Risks and Uncertainties” in Lithium Americas’ most recently filed MD&A. The foregoing list of factors is not exhaustive. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this web site, except as required by law. You are cautioned not to place undue reliance on forward-looking information.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended.
Trade Marks and Copyright
Certain names, graphics, logos, icons, designs, words, titles or phrases on this web site may constitute trade names or trademarks of Lithium Americas Corp. The display of any trade mark on this web site does not imply that a license of any kind to use the trade mark has been granted. All information found on this web site is protected under the copyright laws of Canada and other countries. Unless otherwise specified, your use of this web site does not give you permission to copy, redistribute, reproduce or republish, in any form, any information found in the pages of this web site. Any user who, without prior written authorization from Lithium Americas, re-transmits, copies or modifies any trade marks may violate federal or common law trade mark and/or copywriter law, and may be subject to legal action.
Confidentiality and security of information provided over the Internet is not possible. Lithium Americas cannot ensure the privacy and authenticity of any information or correspondence shared over the Internet between it and a user, and will not be responsible for any claims, expenses, damages or losses incurred by a user who communicates confidential information to Lithium Americas through this web site.
Technical Disclosure Statement
Readers are advised that National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (“NI 43-101”) governs the disclosure of scientific or technical information made by an issuer concerning a mineral project on a property material to the issuer. All technical information about our mineral properties contained on this web site is subject to the more detailed information (including the qualifications, assumptions and notes set forth therein) filed by the Company with securities regulators. For further information about the Cauchari-Olaroz project, please refer to the technical report entitled “Feasibility Study – Reserve Estimation and Lithium Carbonate and Potash Production at the Cauchari-Olaroz Salars, Jujuy Province, Argentina” effective date July 11, 2012, available at www.sedar.com. For further information about the Lithium Nevada project (formerly Kings Valley project), please refer to the technical report entitled “Independent Technical Report for the Lithium Nevada Property, Nevada, USA” effective date May 31, 2016, available at www.sedar.com.
Unless otherwise stated on this web site, in the Company’s current technical reports or other relevant, publicly available disclosure documents, all technical and scientific information contained on this web site regarding Lithium Americas’ Lithium Nevada project has been approved by Dennis Bryan, Lithium Nevada’s Senior Vice President of Development who is a Qualified Person as defined in NI 43-101.
Note to Shareholders in the United States
The news releases or published documents on this web site may also contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC’s mining guidelines strictly prohibit information of this type in documents filed with the SEC. United States investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on Lithium Americas’ properties.
Any information concerning mineral reserves or mineral resources contained on this website or the documents available on this website have been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of United States securities laws. The terms “mineral reserve”, “proven mineral reserve” and “probable mineral reserve” are Canadian mining terms as defined in accordance with NI 43-101 – and the Canadian Institute of Mining, Metallurgy and Petroleum — CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended. These definitions differ from the definitions in Industry Guide 7 under the U.S. Securities Act. Under the standards of the SEC, a “final” or “bankable” feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority.
In addition, the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource”, which may be used on this website or documents available on this website, are defined in and required to be disclosed by NI 43-101; however, these terms are not defined terms under Industry Guide 7 and are normally not permitted to be used in reports filed with the SEC. U.S. Shareholders are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. U.S. Shareholders are cautioned not to assume that all or any part of an inferred mineral resource exists or is economically or legally mineable. Disclosure of “contained ounces” in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute reserves by SEC standards as in place tonnage and grade without reference to unit measures.
Our financial information available on or accessible through this website are prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and are subject to Canadian auditing and auditor independence standards. International Financial Reporting Standards differs in some respects from United States generally accepted accounting principles and thus may not be comparable to financial statements of United States companies.
Disclosure of Mineral Reserves and Mineral Resources
Readers are advised that NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral resources be reported separately. Readers may refer to the Canadian Institute of Mining and Metallurgy website for Definition Standards on Mineral Resources and Mineral Reserves.
No Incorporation by Reference
No information included herein shall be deemed to be incorporated by reference into any of the Company’s regulatory filings, unless expressly indicated in any such filings. In addition, no information shall be incorporated by reference into this web site, unless otherwise specified.