Lithium Americas Corp. shares rise 1.38% premarket after Atlas Lithium reports excellent exploration progress at Salinas Project.

Lithium Americas Corp. rose 1.38% in premarket trading. The company's stock price increase can be attributed to the recent news of American Lithium closing an oversubscribed private placement, which indicates strong investor interest and financial backing. Additionally, the rally in lithium stocks, driven by speculative interest and positive exploration results from companies like Atlas Lithium, has likely contributed to the bullish sentiment surrounding Lithium Americas Corp.