Lisbon, Portugal–(Newsfile Corp. – March 19, 2026) – Lithium Africa Corp. (TSXV:LAF) (formerly Lombard Street Capital Corp.) (“company“) declares 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 the Company's shares on the TSXV and all other trading venues for the purpose of maintaining a fair market and improving the liquidity of the Company's common shares.
Under a market-making agreement (“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 be renewable for additional one-month terms until terminated. The ITG Agreement may be terminated by either party with 30 days' notice. The ITG Agreement does not include any performance factors and ITG will not receive shares or options as compensation. ITG and the Company are unrelated at the time of the ITG and are unaffiliated entities. Pursuant to the agreement, neither ITG nor its principals have any interest, directly or indirectly, in the securities of the Company.
The company also announced 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 a Marketing Consulting Services Agreement (“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 period of one month at a budget of US$50,000 per month. After the initial period, the Company can choose to continue an active monthly budget or switch to a monthly maintenance budget of US$50,000 per month which provides for fewer services. The Spark Agreement automatically Unless canceled in writing 15 days prior to the expiry date of the Spark Agreement, Spark and the Company are unrelated and unrelated entities and at the time of the Spark Agreement, neither Spark nor its principals have any interest, directly or indirectly, in the securities of the Company.
The ITG Agreement and the 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. Founded in 1992 with a focus on market structure, execution and trading, ITG has leveraged its proprietary technology to provide high-quality liquidity provision and execution services to a wide range of public issuers and institutional investors.
About Spark Newswire
Spark Newswire is very selective in terms of the clients it works with, only partnering with organizations that have a good reputation for quality and reliability and only working with one organization at a time within a particular market sector. 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 Company's Board of Directors. Mr Coulibaly is an experienced geologist with over 15 years of experience in mineral exploration. He began 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 key role in shaping the company's regional strategy. Mr Coulibaly is fluent in French, Arabic and English.
About Lithium Africa Corporation
The company has established a 50/50 joint venture partnership with GFL International Company Limited to jointly pursue exploration in Africa.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 in several prospective African fields 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 Corporation.
Tyron Breytenbach, CEO and Director
Cautionary Note Regarding Forward-Looking Statements
Statements included in this news release that are not historical facts may be forward-looking statements within the meaning of applicable securities laws. These forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from the results expressed or implied by such forward-looking statements. Furthermore, forward-looking statements require management to make estimates and are subject to inherent risks and uncertainties. There is significant risk that forward-looking statements will not prove to be accurate, that management's assumptions may not prove correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements generally can be identified by the use of terminology such as “anticipate”, “will”, “expect”, “may”, “continue”, “could”, “estimate”, “forecast”, “plan”, “potential” and similar terminology. These forward-looking statements are based on a number of assumptions that may prove incorrect, including without limiting the generality of the following: the ability to raise funds through private or public equity financing; general business, economic, competitive, political and social uncertainties; delay or failure in obtaining regulatory approvals; risks inherent in exploration activities; 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; market price volatility and sensitivity; volatility and sensitivity to capital market fluctuations; environmental and safety risks, including increased regulatory burden; weather and other natural phenomena; and other exploration, development, operational, financial market and regulatory risks. The forward-looking statements included 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 statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements included 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.
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Source: Lithium Africa Corp.
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