Ganfeng invests USD 180 million in Lithium Argentina via 6-year convertible note

By Public Technologies
  • Lithium Argentina closed a US$180 million strategic investment from Ganfeng via a six-year unsecured convertible note with a 4% coupon.
  • The note is convertible into common shares at US$12.50 per share.
  • Proceeds, alongside cash on hand, will repay US$259 million of convertible notes due January 2027.
  • Ganfeng holds about 9.6% of common shares; full conversion would add 14,400,000 shares, lifting ownership to about 16.1% fully diluted.


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