Regard the post "break up" with China supposedly to take place sometime in the 4th Quarter of 2023:

The announcement by the company lists Yuan Gao to be a Director of the new Lithium Americas company  post "break up".  

HOWEVER..... the devil is still in the details.

According to LAC's 26 June 2023 Press Release:

Lithium Americas Announces Filing of Circular in Connection with the Separation and AGM

LITHIUM AMERICAS (NEWCO) MANAGEMENT AND BOARD OF DIRECTORS

Upon completion of the Separation, Lithium Americas (NewCo)’s management team will include:

• Jonathan Evans (Director, President and CEO) – current Director, President and CEO of Lithium Americas
• Pablo Mercado (EVP and CFO) – current EVP and CFO of Lithium Americas
• Richard Gerspacher (EVP, Capital Projects) – current SVP, Capital Projects of Lithium Americas
• Ted Grandy (SVP, General Counsel and Corporate Secretary) – current VP, Legal and Regulatory Affairs of Lithium Americas
• Aubree Barnum (VP, Human Resources) – current VP, Human Resources of Lithium Americas
• Tim Crowley (VP, Government and External Affairs) – current VP, Government and Community Relations of Lithium Americas
• Alexi Zawadzki (VP, Resource Development) – current President of North American Operations of Lithium Americas

The Board of Directors will include:

• Kelvin Dushnisky (Executive Chair and Director) – current Director of Lithium Americas

• Yuan Gao (Lead Independent Director) – current Director of Lithium Americas

• Jonathan Evans (Director) – current Director, President and CEO of Lithium Americas
• Michael Brown (Director) – former Executive Director, State of Nevada Governor’s Office of Economic Development, previously President of Barrick Gold North America and holding various positions with Barrick Gold Corporation since 1994
• Fabiana Chubbs (Director) – current Director of Lithium Americas and of Royal Gold Inc.
• Zach Kirkman (Director) – current VP, Corporate Development and Global M&A of General Motors Company, former Head of Corporate Development, M&A of Tesla, Inc. and holding various positions with Tesla since 2016 and former member of the Corporate Development/M&A team at Apple since 2008
• Jinhee Magie (Director) – current Director of Lithium Americas
• Philip Montgomery (Director) – current Director of Walkabout Resources Ltd. with a 35-year career at BHP Group Limited and its predecessor organizations and with significant capital projects experience
• ___________________________________________________________________________________

A little information about Yuan Gao:  Dr. Gao is Vice-Chairman of the board of directors of Qinghai Taifeng Pulead Lithium-Energy Technology Co. Ltd. (“Pulead”) one of China’s leading lithium-ion battery cathode producers and a key player in the lithium-ion battery supply chain. Dr. Gao was previously President and Chief Executive Officer of Pulead and prior to joining Pulead in 2014, Dr. Gao held senior positions with Molycorp Inc. and FMC Corp.’s lithium division. Dr. Gao has a PhD in Physics from the University of British Columbia.

It appears that "the Devil" is still in the details and still in the North American spin off from the present LAC and will be in the "details" of the company management as a viable part of the Board of Directors in the "new and improved" LAC, post spin off.

Prestidigitation for the D.O.E.?  I wonder just how this slight of hand will be viewed by D.O.E. with respect to the proposed U.S. "Loan" to the new LAC that is supposed to be devoid of Chinese influence?  Do present LAC investors think that D.O.E. will be fooled?

Maybe Yuan Gao plans to be a non voting member of the B.O.D. for the "new" LAC?

Nah, not in a million years.

Deception?  Nope.  D.O.E. may be a U.S. government entity, but even they are not blind.

I have some concerns about this shell game being played on LAC investors.

Okiedo