Lithium Americas continued to Switzerland from B.C. and Almonty, a CBCA corp is proposing to be domesticated in Delaware
Lithium Americas continued from B.C. to Zug, Switzerland on or about January 23, 2025 and Almonty Industries is proposing to use the CBCA continuation procedures and the domestication procedures under the Delaware General Corporation Law Inc. (the “DGCL”) so as to become governed by the DGCL. Management anticipated that the Lithium Americas continuation did not result in any exit tax under s. 128.1(4)(b) or 219.1 and, similarly, the domestication of Lithium Americas is not anticipated to result in material exit taxes.
Neal Armstrong. Summary of 23 December 2024 Management Proxy Circular of Lithium Americas under Public Transactions – Other – Continuances/ Migrations and summary of 6 February 2025 Management Proxy Circular of Almonty Industries Inc. under Other – Continuances/Migrations.