BUZZ-US-listed shares of Lithium Americas climb after it swings to Q2 profit

** U.S.-listed shares of Canada-based Lithium Americas LAC.N LAC.TO were up 5.2% at $3.43 premarket

** The company reported a Q2 profit compared with a loss a year earlier, driven by higher interest income, the absence of transaction costs incurred last year and gains linked to its JV warrant and convertible notes

** It posted Q2 net income of $1.7 million versus a loss of $13.2 million a year earlier

** Q2 transaction costs fell to zero from $13.3 million, reflecting Orion investment-related and Thacker Pass FID advisory fees

** Other income in Q2 increased to $6.7 million versus $1.4 million a year ago, due to higher interest income

** Q2 results also benefited from a $4.5 million gain on the JV warrant obligation and a $5.7 million gain on the embedded derivative associated with the company's convertible notes

** As of the last close, LAC was down 25.2% year to date