11:43 AM EST - Lithium Americas Corp. : reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three months ended, May 31, 2011, During the quarter the Company incurred $3.4 million in property rights and exploration costs to further evaluation activities necessary to advance the project to the definitive feasibility study stage. As at May 31, 2011, a total of $30.9 million has been invested in property rights and exploration on the Company's world class Cauchari-Olaroz Lithium Project in Argentina. As well, the Company had $22.4 million in cash and cash equivalents and positive working capital of $21.3 million. Lithium Americas Corp.
shares T.LAC are trading down $0.06 at $1.57.
