Lithium Africa Corp. Engages Market-Making and Marketing Firms and Appoints Director
LEGAL_49111144.1
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Lithium Africa Corp. Engages Market-Making and Marketing Firms and Appoints
Director
Lisbon, Portugal – March 19 , 2026: Lithium Africa Corp. (formerly named Lombard Street
Capital Corp.) (TSX-V: LAF) (the “Company”) announces that, subject to regulatory approval, it
has engaged the services of Independent Trading Group (" ITG") to provide market -making
services in accordance with TSX Venture Exchange policies. ITG will trade shares of the
Company on the TSXV and all other trading venues with the objective of maintaining a
reasonable market and improving the liquidity of the Company's common shares.
Under the market-making agreement (the “ITG Agreement”), ITG will receive compensation of
CAD$6,000 per month, payable monthly in advance. The ITG Agreement is for an initial term of
one month and will renew for additional one -month terms unless terminated. The ITG
Agreement may be terminated by either party with 30 days' notice. There are no performance
factors contained in the ITG Agreement and ITG will not receive shares or options as
compensation. ITG and the Company are unrelated and unaffiliated entities and at the time of
the ITG Agreement, neither ITG nor its principals have an interest, directly or indirectly, in the
securities of the Company.
The Company also announces that, subject to regulatory approval, it has retained Spark
Newswire (“Spark”) to provide marketing consulting services designed to increase brand equity
and social awareness. Under the marketing consulting services agreement (the “ Spark
Agreement”), Spark will provide a range of services including media distribution, influencer
campaigns, email network distribution, social media distribution, investment thesis video
creation, press release writing and distribution, and general capital markets advisory and
strategy consulting. The Spark Agreement is for an initial term of one month at a budget of
US$50,000 per month . Following the initial term, the Company may elect to continue with an
active monthly budget or switch to a monthly maintenance budget of US $50,000 per month that
provides for reduced services. The Spark Agreement will automatically renew in one -month
increments unless cancelled in writing 15 days prior to the Spark Agreement's expiration date.
Spark and the Company are unrelated and unaffiliated entities and at the time of the Spark
Agreement, neither Spark nor its principals have an interest, directly or indirectly, in the
securities of the Company.
The ITG Agreement and Spark Agreement are subject to approval from the TSXV.
About Independent Trading Group
Independent Trading Group (ITG) Inc. is a Toronto based CIRO dealer-member that specializes
in market making, liquidity provision, agency execution, ultra- low latency connectivity, and
bespoke algorithmic trading solutions. Established in 1992, with a focus on market structure,
execution and trading, ITG has leveraged its own proprietary technology to deliver high quality
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liquidity provision and execution services to a broad array of public issuers and institutional
investors.
About Spark Newswire
Spark Newswire is very selective in the clients it works with, only partnering with organizations
that have a well -deserved reputation for quality and credibility and only working with one
organization within a particular market sector at a time. Spark's goal is to integrate with its
clients' values and core brand narratives, becoming an extension of the overall corporate and
capital markets team, assisting in building shareholder equity, brand equity and overall market
awareness.
Director Appointment
The Company is pleased to announce the appointment of Mamadou Coulibaly to the board of
directors of the Company. Mr. Coulibaly is a veteran geologist with 15 years of experience in
mineral exploration. He started work with Randgold and has since collaborated with various
academic institutions, developing extensive knowledge and experience of the geology of the
West African Birimian. He currently leads LAF's West African operations and will play a pivotal
role in shaping the Company's regional strategy. Mr. Coulibaly is fluent in French, Arabic, and
English.
About Lithium Africa Corp.
The Company has an established 50/50 joint venture partnership with GFL International Co.,
Ltd. to jointly advance exploration in Africa (the “LAR-GFL JV”) and, through the LAR-GFL JV,
the Company has an indirect 50% interest in a portfolio of exploration assets in hardrock
pegmatite districts across a number of prospective African regions covering South Africa, Ivory
Coast, Guinea, Mali and Zimbabwe. For more information, please visit www.li-africa.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF LITHIUM AFRICA CORP.
Tyron Breytenbach, CEO & Director
For further information regarding the Company contact:
Jeanne Liu, Corporate Communications at [email protected], 1.604.771.7125.
Cautionary Note Regarding Forward-Looking Statements
Statements contained in this news release that are not historical facts may be forward- looking statements
within the meaning of applicable securities legislation . These forward- looking statements involve risks,
uncertainties and other factors that could cause actual results to differ materially from those expressed or
implied by such forward -looking statements. In addition, the forward- looking statements require
management to make assumptions and are subject to inherent risks and uncertainties. There is
significant risk that the forward- looking statements will not prove to be accurate, that the management’s
assumptions may not be correct and that actual results may differ materially from such forward- looking
statements. Accordingly, readers should not place undue reliance on the forward- looking statements.
Generally forward- looking statements can be identified by the use of terminology such as “anticipate”,
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“will”, “expect”, “may”, “continue”, “could”, “estimate”, “forecast”, “plan”, “potential” and similar
expressions. These forward-looking statements are based on a number of assumptions which may prove
to be incorrect which, without limiting the generality of the following, include: the ability to raise funds
through private or public equity financings; general business, economic, competitive, political and social
uncertainties; delay or failure to receive regulatory approvals; risks inherent in exploration activities; the
impact of exploration competition; unexpected geological conditions; changes in government regulations
and policies, including trade laws and policies; failure to obtain necessary permits and approvals from
government authorities; volatility and sensitivity to market prices; volatility and sensitivity to capital market
fluctuations; environmental and safety risks including increased regulatory burdens; weather and other
natural phenomena; and other exploration, development, operating, financial market and regulatory risks.
The forward- looking statements contained in this press release are made as of the date hereof or the
dates specifically referenced in this press release, where applicable. Except as required by applicable
securities laws and regulation, the Company disclaims any intention or obligation to update or revise any
forward-looking statement, whether as a result of new information, future events or otherwise, except as
required by applicable securities laws. All forward- looking statements contained in this press release are
expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.