Lithium Americas Corp.
TSX : LAC

Lithium Americas Corp.

June 14, 2010 07:00 ET

Lithium Americas Corp. Adds Constantine Karayannopoulos to Its Board of Directors

TORONTO, ONTARIO--(Marketwire - June 14, 2010) - Lithium Americas Corp. (TSX:LAC) ("Lithium Americas" or the "Company"), is pleased to announce the appointment of Constantine Karayannopoulos to the Company's board of directors effective immediately.

Mr. Karayannopoulos, a Professional Engineer and resident of Canada, is President, Chief Executive Officer, and Director of Neo Material Technologies Inc. ("Neo Materials"), a TSX listed company and one of the world's largest producers, processors, and developers of neodymium-iron-boron magnetic powders, rare earths and zirconium based materials and applications. He was previously Executive Vice President and Chief Operating Officer responsible for the three business units of AMR Technologies Inc. (predecessor company to Neo Materials). Prior to that, at AMR, he held the positions of Vice President, General Manager, Rare Earth Division since September 1998, and Vice-President Sales since May 1995. Mr. Karayannopoulos is a Director of the Canada China Business Council and a member of the Board of Advisors to the Department of Chemical Engineering and Applied Chemistry at the University of Toronto. He holds Bachelor and Master of Applied Science degrees in Chemical Engineering from the University of Toronto.

"On behalf of Lithium Americas, I would like to welcome Constantine to the board of directors of the Company," stated Waldo Perez, President and CEO of Lithium Americas. "Recently becoming a public issuer and securing the funding to drive the development of our world-class lithium assets marks the next stage of our evolution as a company. Constantine's considerable knowledge and expertise in the global materials market as well as his proven track record as a business leader will serve us well as we move forward along this path. We are extremely pleased to have someone of his stature join us at this important and exciting point in our corporate development."

About the Company

Lithium Americas Corp. (TSX:LAC) is a junior exploration company focused on the exploration of lithium, potassium, borax and other minerals in South America. The Company's principal and most advanced property comprises a significant portion of two adjacent Argentinean salt lakes, Cauchari and Olaroz, covering 36,974 hectares located in the Puna Plateau. The Puna Plateau is the most prolific brine reserve region globally, hosting approximately 84% of the world's lithium brine reserves. Based on an inferred resource estimate of 4.9 million tonnes of lithium carbonate, Lithium Americas' principal property is one of the largest known lithium brine deposits in the world. The Company believes the Cauchari and Olaroz property has the potential of becoming a world-class lithium deposit in both size and quality.

Certain information contained in this news release is based on the Company's NI 43-101 compliant technical report titled "Amended Inferred Resource Estimation of Lithium and Potassium at the Cauchari and Olaroz Salars, Jujuy Province, Argentina" dated February 15, 2010, prepared for Lithium Americas Corp. by Mark King, a "qualified person" pursuant to NI 43-101, which can be viewed on the Company's website or at www.sedar.com, under the Company's profile.

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as "could", "potential", "believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

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