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nemaska lithium shareholders 9% of VLI shares) and assume a pre-existing 1% NSR on certain claims comprising the Sirmac Property —Nemaska Lithium has a pre-emptive right to participate in any future equity financing as long as it holds at least 10% of VLI’s Under the Agreement, Nemaska Lithium will have a pre-emptive right to participate in any future equity financing as long as it holds at least 10% of ABE's issued and outstanding common shares. 4% of the overall funding during this period and 17. We also have three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. Also, I don’t see this as having an immediate pressure on the stock as this offering was not a unit offering and so there was no warrant to give an investor an incentive to sell the stock and hold the warrant to limit the risk. About Nemaska Lithium Nemaska Lithium Inc. 's proposed Whabouchi spodumene lithium mine. This transaction will, allow existing Nemaska Lithium shareholders to participate. 10% was Orocobre shareholders will gain exposure to the 4. 69% in mid-afternoon trading on February 15. , and Northvolt agrees to purchase, on a take-or-pay basis, up to 5,000 but not less than 3,500 metric tonnes per year of lithium hydroxide produced at the Corporation’s commercial plant in Shawinigan, for a 5-year supply period commencing upon the start of commercial production at both the Shawinigan Plant and Northvolt’s projected Skellefteå factory Minister Fitzgibbon scares investors away to buy Nemaska at a discount and lets down 25,000 Quebec shareholders' families Français News provided by Regroupement des actionnaires de Nemaska Nemaska Lithium Inc's Dividends . These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy Nemaska Lithium - Court motions and orders. CA | PAGE 4 officers, directors, or significant shareholders in the company that is the subject of this report are held for investment “Currently, there is a very limited number of vertically-integrated lithium projects that are fully permitted and under construction around the world and Nemaska Lithium is the most advanced. is a developing chemical company whose activities will be vertically integrated, from After months of funding uncertainty, Nemaska Lithium Inc. 25 shallow holes targeting the main #5 Dyke outcrop zone. As we are aware, Orocobre is an early stage lithium chemical producer with its primary lithium brine asset located in the Northwestern region of Argentina where it produces approximately 12,000 T LCE. , Nemaska Lithium Shawinigan Transformation Inc. NEMASKA LITHIUM INC is currently producing negative expected returns and takes up 0. Price target in 14 days: 0. v). for the supply of lithium hydroxide over ten years to match expanding demands of commercial production. After months of funding uncertainty, Nemaska Lithium Inc. Nemaska Lithium is the largest shareholder of Vision Lithium and as such Vision Lithium benefits from Nemaska Lithium’s leadership role and years of experience in the lithium market. , Nemaska Lithium Whabouchi Mine Inc. The lithium exploration company announced last week it is preparing to finance its project and build a mine amidst heightened demand for its potential lithium hydroxide product. At the current price of C$0. ASX-listed Mali Lithium has raised A$9. is constructing new lithium production capabilities of 28,000 metric tons of lithium carbonate equivalent. 15th, 2020 to acquire the business and certain assets of Nemaska Lithium Inc. 0% return on investment over 30 days. Nemaska Lithium has a large shareholder base and this type of offering enables the largest audience to participate. It was viewed as being in the best interest of the company as well as its shareholders to seek new leadership as Nemaska navigates the restructuring process. The City has a long history of industrial development, mostly associated Nemaska Lithium Inc. announces today that it has completed the previously announced exchange of its common shares, on a one-for-one basis, for common shares of NMX Residual Liabilities Inc Ensure that the current shareholders are part of the refinancingsolution and, to do so, we ask you to urge the cabinet to refuse to authorizethis investment in its current form, and rather to support any refinancingproposal of the same amount that takes into account the current shareholders Please read links below: https://www. 1-billion financing package on May 30, 2018. Over promising and under-delivering has proved costly for long term shareholders as NEMASKA’s share price has tanked 50% this year alone. Bourassa for the many years he devoted to helping build Nemaska Lithium. 6 cents per share at 10:10 am AEDT. Additional details regarding the timing of this MONTR?AL, Oct. 45 to 45 cents, citing potential delays in the future and financing questions surrounding the company’s phase 1 lithium hydroxide/carbonate processing plant. Nemaska Lithium has a large shareholder base and this type of offering enables the largest audience to participate. 5c on Friday to capitalise it about $140 million (US$106 million). After months of funding uncertainty, Nemaska Lithium Inc. 25, 2020 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. The Whabouchi project is made up of a lithium mine in the Eeyou Istchee James-Bay territory along with an electrochemical plant located in Shawinigan. 23 billion, including $506 million in equity. , after extending the existing multiyear lithium hydroxide supply agreement through 2021. ). stock price? On 2020-02-06, Nemaska Lithium Inc. The company headed into creditor protection in late 2019 after spending about C$411. Investissement Québec (IQ) and The Pallinghurst Group (through Québec Lithium Partners Ltd. A first agreement (the deposit agreement) contemplates an up-front payment of CDN$12M by JMBM in exchange for services and products of the same value from the Nemaska Lithium Phase 1 Plant. 5¢, to 35. com 2019-08-01 $ 0. Nemaska Lithium is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. 4M) finance package announced… Read more We have no record of any funds or investors increasing their holdings in Nemaska Lithium Inc within the last quarter. 58%. The news comes less than a year after Nemaska Lithium unveiled a $1. has reduced its workforce even further in relation to its Companies’ Creditors Arrangement Act (CCAA) and formalizing a plan of arrangement that will be acceptable to its creditors and Most stock quote data provided by BATS. on Friday announced a tentative agreement to secure as much as $600 million to build its proposed hard rock lithium mine and Nemaska Lithium Announces Court Application for the Discharge of Security Securing the USD 350M Senior Secured Bonds - GuruFocus. STORMCROW. (“Nemaska Lithium” or the “Corporation”) announces today that it has accepted a sale proposal structured as a credit bid (the “Bid”) from a group (the “Buyers’ Group”) made up of the Corporation’s largest secured creditor, Orion Mine Finance (“Orion”), Investissement Québec and The Pallinghurst Group, acting through a new entity named Quebec Lithium Partners (The Pallinghurst Group collectively with Following in the footsteps of the decision rendered in October of 2019 in the context of Stornoway Diamond Corporation’s CCAA proceedings 1, the recent decision by the Superior Court of Québec in the CCAA proceedings of Nemaska Lithium Inc. and its wholly owned subsidiaries ("Nemaska Lithium" or the "Corporation") (TSX VENTURE:NMX)() and Johnson Matthey Battery Materials Ltd (JMBM) of Candiac, Quebec, a wholly owned subsidiary of Johnson Matthey Plc (www. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. and its affiliates (collectively Nemaska) provides further recognition to reverse vesting orders (RVO) as another tool of insolvency practitioners to A:           Your shares are being exchanged (on a one-for-one basis for common shares of Residual Nemaska Lithium) as part of a reorganization of the Corporation and its affiliates. It is anticipated that a special meeting of Nemaska Lithium shareholders to consider this transaction would be held in or before October 2019. (collectively, the “Nemaska Entities”) have obtained an approval and vesting order from the Superior Court of Québec (Commercial Division) issued in connection with the … About Nemaska Lithium. CA | PAGE 2 Recognition from a Lithium Major + Technology = Winning Hand On Monday morning, Nemaska Lithium announced a long-term supply agreement with FM orporation (FM:NYSE). 55%) 7:09pm “The Crees were among our founding shareholders, investing in Nemaska Lithium before we went public,” Bourassa said. The special committee concluded that the overall terms of Pallinghurst’s LOI are reasonable and acceptable, notably the duration of the exclusivity period, the covenants of Pallinghurst and the contemplated terms of the definitive agreements. MONTRÉAL, Oct. 2nd Most Important Spodumene Lithium Hard Rock Deposits in the World High grade ore, high purity hydroxide, low cost production Read more Nemaska Lithium (Nemaska Lithium Inc. In the last year. 11 May 2016. (NMX. Vision Lithium Shareholders Equity (Quarterly): 13. 60/share Nemaska carried a valuation around $500 million while Orocobre floated around $750 million. Nemaska Lithium has acquired industrial buildings and property in Shawinigan, Québec, from a former pulp-and-paper mill to house its electrochemical facilities: the Phase 1 plant, where the process was developed and tested from February 2017 to Dececember 2019, and the commercial conversion facility. (TSX: NMX; OTCQX: NMKEF) has retained National Bank Financial Inc. However, as indicated Once in commercial production, Nemaska Lithium is projecting to be the lowest cost producer of lithium hydroxide and one of the lowest cost producers of lithium carbonate in the world. ("Nemaska Lithium" or the "Corporation Nemaska Lithium has announced an update on the Whabouchi lithium mine and the Shawinigan lithium processing facility, stating that a further C$375M (US$283. QUEBEC, QUEBEC--(Marketwired - May 11, 2016) - Nemaska Lithium Inc. (“Nemaska”) who recently reported encountering a new lithium-bearing zone in the south-western end of the planned pit area (see Nemaska press release dated September 6, 2016). Vision Lithium recently acquired the Sirmac Lithium asset from Nemaska Lithium. Nemaska plans use electrolysis to produce high purity lithium, which means it main input cost will electricity. All times are ET. 35 cents. Nemaska Lithium Inc. ABE Resources to Acquire Nemaska Lithium's Sirmac Lithium Property PR Newswire 12/14 06 —VLI issued $250,000 cash payment and 15,000,000 common shares of VLI to Nemaska Lithium (Nemaska Lithium owns 19. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. (“Nemaska Lithium” or the “Corporation”) (NMX. Nemaska Lithium Terminates Multi-Year Supply Agreement with Livent Corporation Posted on March 11, 2019 October 14, 2019 by Dave Walsh Canadian-based Namaska Lithium announced that it has terminated its multi-year supply agreement with Livent Corporation. (Nemaska Lithium or the Corporation) announces today that the Corporation, Nemaska Lithium Whabouchi Mine Inc Nemaska, whose largest shareholder is the government of Quebec, had been in talks with mine financier the Pallinghurst Group to secure a potential C$600 million equity investment but had yet to We also have three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) announces today that it has completed the previously announced exchange of its common shares, on a one-for-one basis, for common shares MONTRÉAL, Nov. Nemaska Lithium and Johnson Matthey Battery Materials (JMBM), a wholly owned subsidiary of Johnson Matthey Plc, signed final agreements regarding collaboration, financial support and lithium salt supply. TO) reached two important milestones on July 8, 2016, as it completed its previously announced public offering for aggregate gross proceeds of $69M, and got uplisted from the Venture to the TSX. Following significant cost overruns, Nemaska must carry out a financial restructuring in order to promote better investment conditions. 25, 2020 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is The Board of Directors of Nemaska Lithium is announcing the departure of the President and CEO, Mr. 14, with 9. Nemaska Nemaska Lithium (TSX:NMX and OTCQX:NMKEF) is building one of North America’s richest and largest hard rock lithium mines and lithium salts (LiOH and Li2CO3) processing facility through a unique deposit in Nemaska and a state-of-the-art electrochemical plant in Shawinigan, both located in the province of Quebec, Canada. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles Shares of Nemaska Lithium stumbled Wednesday, after analyst Killian Charles lowered his price target on the company from $1. 28M for Aug. 18% of the outstanding shares. will make a strategic investment in Nemaska by way of a private placement at a price of C$1. 1Billion. ("Tianqi Lithium") on strategies to jointly market and pursue off-take agreements with global end users of lithium hydroxide and lithium carbonate. These two important developments will enable JM to meet customers’ commercial scale requirements for eLNO. Vision Lithium Properties: -The Sirmac Property consists of 24 mining claims having a total area of approximately 1,100 hectares located approximately 180 kilometres North-West of Chibougamau, in the province of Québec. We list all the recent dividend announcements and dividend yields from TSE:NMX where possible. CPE News (10/15/2020) – The Superior Court of Québec (Commercial Division) has approved the previously announced the sale of Nemaska Lithium business to an investor group investors including Nemaska Lithium’s largest secured creditor, Orion Mine Finance, Investissement Québec (IQ) and The Pallinghurst Group. The SISP is intended to generate interest in either a recapitalization of the Corporation, or in the business or its assets, with the goal of maximizing return in respect of the Corporation’s assets and potentially creating the foundation of a plan of compromise or arrangement for all stakeholders of Nemaska Lithium. Following the Exchange, each share certificate (or other evidence of ownership of shares of the Corporation) representing shares of the Corporation shall be deemed to represent for all purposes the same number of common shares of Residual Nemaska Lithium. Kore Potash is up 5. It is anticipated that a special meeting of Nemaska Lithium shareholders to consider this transaction would be held in or before October 2019. 24, 2020 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. 1, 2012) - Nemaska Lithium Inc. A special meeting of Nemaska Lithium's shareholders is expected on or before October. The Company is solely focused on developing its Whabouchi lithium project into a viable lithium mine and becoming a leading supplier of lithium hydroxide to the emerging lithium battery market as well as other lithium applications. (“Nemaska Lithium” or the “Corporation”) announces today that it has accepted a sale proposal structured as a credit bid (the “Bid”) from a group (the “Buyers’ Group”) made up of the Corporation’s largest secured creditor, Orion Mine Finance (“Orion”), the Government of Quebec and The Pallinghurst Group, acting through a new entity named Quebec Lithium Partners (The Pallinghurst Group collectively with Annual General Meeting of Shareholders As a result of the ongoing discussions with The Pallinghurst Group (“Pallinghurst”), Nemaska ​​Lithium has requested and obtained approval from the capital Nemaska Lithium Inc. For the past few weeks, several members of the Board of Directors and collaborators have been at work gathering information and evidence to flesh out a complete file to facilitate representations to incite/convince one or more law firms to take over the case. Shares were down 4. and vault the chemical company out of bankruptcy protection in In addition, Nemaska Lithium would like to remind shareholders of its Annual General and Special Meeting to be held in Quebec City at 450, de-la-Gare-du-Palais Street, Main Floor, Le Guichet Room at 1:30 pm EST on Friday, November 28, 2014. 15, 2020 Nemaska \u000B\u000BLithium Inc. Nemaska Lithium Inc. 01, 2020 (GLOBE NEWSWIRE) -- Nemaska ​​Lithium Inc. The project, which could create QUÉBEC CITY, QUÉBEC--(Marketwired - Dec. Nemaska Lithium Stock Forecast, NMX stock price prediction. worth watching? 0 stock analysts on Stockchase covered Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) announces today that it has completed the previously announced exchange of its common shares, on a one-for-one basis, for common shares of NMX Residual Liabilities Inc. The best long-term & short-term Nemaska Lithium share price prognosis Nemaska Lithium & Johnson Matthey Battery Materials sign lithium agreements. The stock then sunk to 32¢ on Feb. On behalf of the Board of Directors, I would like to thank Mr. announced that its Board of Directors authorized the Company and its subsidiaries, Nemaska Lithium Shawinigan Transformation Inc. 25, 2020 (GLOBE NEWSWIRE) -- Nemaska ​​Lithium Inc. and Nemaska Lithium Innovation Inc. Whabouchi encompasses a combined open pit lithium mine and concentrator. They demonstrate that Nemaska Lithium (NMX. About Nemaska Montréal, Québec, August 24, 2020 — Nemaska Lithium Inc. On behalf of the Board of Directors, I would like to thank Mr. I am pleased that we are progressing according to plan and that we are on track to start producing spodumene concentrate in the second half of 2019 with lithium salts production commencing in the last half of 2020. --With the approval of the Superior Court of Québec, Nemaska Lithium Inc. The special committee concluded that the overall terms of Pallinghurst’s LOI are reasonable and acceptable, notably the duration of the exclusivity period, the covenants of Pallinghurst and the contemplated terms of the definitive agreements. In addition, Nemaska Lithium was granted the following additional rights: About Nemaska Lithium Nemaska Lithium Inc. on Friday announced a tentative agreement to secure as much as $600 million to build its proposed hard rock lithium mine and electrochemical plant in Quebec. announces today that the Corporation, Nemaska Lithium Whabouchi Mine Inc. See full list on pwc. © 2021 Piedmont Lithium Limited. Frandsen, co-founder and managing partner of Pallinghurst. Nemaska Lithium Inc. For example, since 2016, Ressources Québec invested $90 million in equity in Nemaska Lithium and Investissement Québec has subscribed $50 million in guaranteed bonds, which were fully repaid and Nemaska Lithium is the company’s largest shareholder The samples were combined into one main composite, one high-grade composite and three variability samples. A further cause of price weakness on Nemaska Lithium shares is the company’s notice of its cancellation of a long-standing supply agreement with Livent (formerly FMC Corp). Nemaska Lithium continues to struggle with issues related to financing of its key project. 170 CAD. For more information please contact us at info@nemaskalithium. is a developing chemical company. Nemaska Lithium and Ressources Québec remain in ongoing discussions regarding a potential future capital investment in the Corporation to further Nemaska Lithium provides a project construction update and development timeline for its Whabouchi mine and electrochemical plant in Shawinigan. Nemaska Lithium shares, which were trading above 80c a year ago, closed at 16. (CRE. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. As a result of the ongoing discussions with The Pallinghurst Group ("Pallinghurst"), Nemaska Lithium has requested and obtained approval from the capital markets authorities to hold its shareholders Annual General Meeting ("AGM") in early 2020. In addition, we are delighted to further invest in the province of Quebec, one of the world's most attractive mining jurisdictions," said Arne H. The Pallinghurst Group is set to make a CAD600m (£367. (NMX. The lithium pegmatites tend to occur in swarms in the volcano-sedimentary units. When this happens, it's usually because the owner only shared it with a small group of people, changed who can see it or it's been deleted. STORMCROW. Nemaska Lithium (earlier post) reported that project construction and planning are on schedule at both its mine location and the electrochemical plant. The event was also broadcast live online and will be available on the Corporation’s website, under the Investors’ tab. Detailed price information for Nemaska Expl Inc (NMKEF) from The Globe and Mail including charting and trades. Nemaska Lithium's plans to use $1. Global investor Pallinghurst Group is Nemaska Lithium is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide and lithium carbonate. --AMC BEGIN ABOUT A: Your shares are being exchanged (on a one-for-one basis for common shares of Residual Nemaska Lithium) as part of a reorganization of the Nemaska Entities. 1Bn (US$831. MONTRÉAL, Nov. ) will acquire, on a 50-50 basis, all of the issued and outstanding shares of an entity Nemaska Lithium Inc. Accordingly, shareholders will not be required to surrender their share certificates Montreal, Quebec, Canada, May 15, 2020 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) explains yesterday’s record volume due to the sale of the 15,849,455 shares held by Nemaska Lithium in connection with its ongoing restructuring process under the Companies’ Creditors Arrangement Act (CCAA) (see press release). December 14, 2016 (Source) — Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX:NMX) (OTCQX:NMKEF) announces the detailed voting results in respect […] Nemaska Lithium Inc. ” Following in the footsteps of the decision rendered in October of 2019 in the context of Stornoway Diamond Corporation's CCAA proceedings 1, the recent decision by the Superior Court of Québec in the CCAA proceedings of Nemaska Lithium Inc. QUEBEC, QUEBEC, CANADA-- - Nemaska Lithium Inc. announced today that it has entered into discussions with Sichuan Tianqi Lithium Industries Inc. Registration only takes a minute and gives you access to many different things, from personal watchlists to the ability to track your own predictions and interesting games. 4 million shares, remains highly supportive of Nemaska Lithium and the Lithium Project. As new sources of supply are required, mainly for electrical vehicles, we are building in Québec strong and valuable assets that will support Nemaska Lithium Inc. m. , Nemaska Lithium Shawinigan Transformation Inc. Also I don’t see this as having an immediate pressure on the stock as this offering was not a unit offering and so there was no warrant which would give an investor and incentive to sell the stock and hold the warrant to limit As long as SoftBank holds at least 5% of Nemaska Lithium’s shares, it has the right of first refusal to acquire up to 20% of the company’s lithium hydroxide and carbonate. In connection with the offering, the Nemaska issued a total of 60,000,100 shares, which included the exercise of the over-allotment option in full, at a price of $1. Capital Structure (as at March 31, 2019) Montreal, Quebec, Dec. 00 in NEMASKA LITHIUM INC on March 3, 2021 and sell it today you would earn a total of 0. (the “Corporation”) (TSX: NMX) (OTCQX: NMKEF) held its 2018 Annual General and Special Meeting of Shareholders in Shawinigan. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. By Peter Kennedy. European Metals Holdings Limited. In Nemaska Lithium Inc. matthey. is a junior exploration company with two properties in northern Québec: which are Nemaska’s current shareholders, and the Société du Plan Nord. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. "As a longstanding partner of the corporation, we are pleased to support Nemaska Lithium. A historic measured resource of 185,000 tonnes averaging 1. Bourassa for the many years he devoted to helping build Nemaska Lithium. (“Nemaska Lithium” or the “Corporation”) announces that the Corporation completed today its previously announced sale (the The mandate of the NMX Lithium Shareholder Grouping (Regroupement des Actionnaires NMX Lithium) (RAN), is to assert the infringed rights of the shareholders of Nemaska Lithium (NMX Stock Index) by way of a class action. The Japanese conglomerate can also nominate one person to Nemaska’s board of directors, and, as long as its equity holding is 5%, has a preemptive right to participate Nemaska Lithium (NMKEF: OTC/PK, NMX: TO) is a newcomer to the lithium industry. Nemaska Lithium Inc. Nemaska reported that this new zone has been intersected in specialized Quebec mining funds, which are Nemaska’s current shareholders, and the Société du Plan Nord. is a mineral exploration company involved in the James Bay region of Quebec. -- Both Residual Nemaska Lithium and New Nemaska Lithium would have nothing to do with lawsuit. 111 € Get your free sharewise account now. However, as indicated above, MONTRÉAL, Nov. It was viewed as being in the best interest of the company as well as its shareholders to seek new leadership as Nemaska navigates the restructuring process. Address: Suite 2, 11 Ventnor Avenue West Perth WA 6005, Australia Postal: PO Box 1240, West Perth WA 6872. Nemaska Lithium (TSX:NMX) is a Quebec-based lithium company. and Nemaska Lithium Innovation Inc. 01 each significant shareholders as per the table below: Shareholder Bacanora Lithium plc Canadian lithium junior Nemaska Lithium on Friday announced that activities at the Whabouchi project would be shut down “shortly”, while efforts to complete an “optimised project financing Supply of lithium-containing raw materials secured via a long term supply agreement with Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation“) (TSX:NMX)(OTCQX:NMKEF)(FRANKFURT:N0T) is pleased to provide further details on its project financing plans and to announce that it has entered into an investment agreement (the “Investment Agreement“) with SoftBank Group Corp. (' Nemaska Lithium ' or the ' Corporation ') announces today that it has completed the previously announced exchange of its common shares, on a one-for-one basis, for common shares of NMX Residual Liabilities Inc. intends to become a lithium hydroxide supplier to the emerging lithium battery market used by electric vehicles, cell phones, tablets and other consumer products. (“Nemaska Lithium” or the “Corporation”) announces today that it has completed the previously announced exchange of its common Unfortunately, there is no residual value for shareholders of Residual Nemaska Lithium. However, as If you would invest 12. (“New Nemaska”) located in Québec, Canada1. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for Filed for Protection from its Creditors under the Companies' Creditors Arrangement Act (Canada) on 12/23/2019 On 12/23/2019, Nemaska Lithium Inc. [NMX-TSX, NMKEF-OTCQX, NOT-FSE] entered into a US$150 million streaming agreement with Orion Mine Finance LP as part of a large plan to fund a proposed lithium mine in Quebec. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. (“SoftBank“) for a private After producing sufficient spodumene concentrate from the DMS modular mill at Whabouchi to feed the Phase 1 Plant in Shawinigan, Nemaska Lithium will cease DMS operations in a few days . However, if financial markets are weak at that time, it may delay the project. Nemaska Lithium announced in September 2015 the signing of an agreement in principle with the City of Shawinigan for the acquisition of part of the land and part of existing manufacturing facilities (Produits forestiers Résolu's former Laurentide plant) in Shawinigan, QC. 1B financing for lithium extraction mine - Video - BNN Nemaska Lithium Inc. Nemaska Development Corporation (NDC), along with the Grand Council of the Crees, have invested more than $20 million for unsecured stocks in Nemaska Lithium. 8% while taking only equity into account. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. 43%, current price: 0. “The minister has failed in his duties,” shareholder spokesperson Alain Clavet told La Presse. Nemaska Lithium Inc. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer Shareholders have indeed contacted different class action firms. The agreement stipulates that Nemaska will provide 8,000 tonnes per year of lithium carbonate to FM , commencing in mid-2018. Junior miner Nemaska Lithium has raised fresh capital to build the Whabouchi lithium project, in Quebec, which faces cost overruns of about C$375-million. Nemaska Lithium Inc. 15 per unit. Nemaska Lithium Sells Assets, Leaves Nothing For Shareholders. (' Residual Nemaska Lithium '), resulting in Residual Nemaska Lithium having become a successor reporting issuer under applicable Canadian securities laws (the ' Exchange '). Kore Potash is currently reviewing its allocation of resources to its projects and will update shareholders on changes to the DX Project in the weeks to come. This financing was important, as the company needed cash to proceed with down-payments for long lead items for the main project The transaction makes Nemaska the largest shareholder of ABE with 19. Morgan Stanley, Nemaska and the (Lithium) Damage Done Published on July 24, The CEO still has a job while his long suffering shareholders hold paper worth a pittance vs the “good old days”. 4M) would be required to fully-fund construction, commissioning, working capital and reserve funds. 205-5698 or by email at The Nemaska Lithium investment is in line with Pallinghurst's desire to focus exclusively on the supply of critical battery and fuel-cell-related materials. Train wreck That’s how analysts are describing NEMASKA Lithium’s Whabouchi Lithium Project worth and estimated C$1. “We had to be innovative right from the start,” says André Boilard, Sr. Shares in Nemaska crashed, falling 35 per cent to C0. Nemaska Lithium and Ressources Québec remain in ongoing discussions regarding a potential future capital investment in the Corporation to further The government of Quebec, Nemaska Lithium's largest shareholder through Ressources Quebec's holding of 29. for a bought deal of 47,620,000 common shares at $1. and its affiliates (collectively Nemaska) provides further recognition to reverse vesting orders (RVO) as another tool of insolvency practitioners to A: Your shares are being exchanged (on a one-for-one basis for common shares of Residual Nemaska Lithium) as part of a reorganization of the Corporation and its affiliates. Nemaska Lithium Inc. The Company is engaged in spodumene mining and commercialization of lithium hydroxide. To date, about 1,100t of spodumene concentrate were produced with an average grade of 6. com This transaction will, allow existing Nemaska Lithium shareholders to participate. 27 billion Whabouchi lithium project as of Dec. Nemaska Lithium (NMX CN or NMKEF) is an advanced stage, de-risked lithium developer with a 100%-owned hard-rock (spodumene) project in Quebec called Whabouchi that is expected to reach commercial production of spodumene in 3Q19 and commercial production of lithium Nemaska Lithium is a mining company governed by the laws of Canada and its head office is located at 1250 René-Lévesque West, Suite 2200, Montréal, Québec, H3B 4W8. Shareholders will not receive any payments for, or distributions on, their shares in connection with the Nemaska shareholders will not receive any payments or distributions in connection with the CCAA proceedings, nor will they hold any interest in New Nemaska Lithium following the completion of the Over the past six months, the relative strength of its shares against the market has been -47. 44m) equity investment in Canadian miner Nemaska Lithium, to help finance the latter’s 100% owned Whabouchi project in Quebec, Canada. 22, 2017) - Nemaska Lithium Inc. nemaska lithium inc. Nemaska adds US$150 million streaming component to lithium plan. 13 sent the company’s shares plunging 36%, or 19. (collectively, the “Nemaska Entities”) have obtained an approval and vesting order (the Pallinghurst and Investissement Quebec would then acquire, on a 50-50 basis, the shares of Residual Nemaska Lithium, which would then be amalgamated with the unit controlled by Orion to form New A: Your shares are being exchanged (on a one-for-one basis for common shares of Residual Nemaska Lithium) as part of a reorganization of the Nemaska Entities. The Government of Québec therefore contributed approximately 11. That means that if the company defaults, that money could be lost. . ("Nemaska" or the "Corporation") (TSX:NMX)(OTCQX:NMKEF)(FRANKFURT:N0T) is pleased to announce that its Board of Directors convenes the annual general and special meeting of shareholders (the "Meeting") to be held in Québec City, on Friday, February 16, 2018 at 10:00 a. Operations at Nemaska Lithium’s Whabouchi project (above) have been suspended since October 2019. This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations. QUEBEC, QUEBEC -- (Marketwired) -- 12/14/16 -- Nemaska Lithium Inc. Unfortunately, based on the terms of the Transaction and the consideration to be received by Residual Nemaska Lithium, holders of the Corporation's shares will not receive any payments for, or According to a shareholder spokesperson, this is a result of political interference from Minister Fitzgibbon, who was publicly critical of Nemaska Lithium’s funding structure. What is Nemaska Lithium Inc. Nemaska Exploration Inc. , Nemaska Lithium P1P Inc. 25, 2020 (GLOBE NEWSWIRE) -- Nemaska ​​Lithium Inc. 165, shares in Nemaska Lithium Inc are trading at % against their 200 day moving average. About FMC For more than a century, FMC Corporation has served the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products. 15, 2020 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") announces today that it has completed the previously announced exchange of its common shares, on a one-for-one basis, for common The Duval Project is contiguous to and along strike with the Whabouchi project of Nemaska Lithium Inc. com - September 3 at 10:38 PM SoftBank's first lithium deal raises prospects for junior miners Nemaska Lithium (TSX:NMX and OTCQX:NMKEF) is building North America’s richest and largest hard rock lithium project and lithium salts (LiOH and Li2CO3) processing facility through a unique deposit in Nemaska and a state-of-the-art transformation plant in Shawinigan, both located in the province of Québec, Canada. The $200 million part was good, but they plan to dilute us over 200% with that $400 million stand by rights offering. . 12, 2018 (GLOBE NEWSWIRE) -- Nemaska Lithium is pleased to invite its shareholders and the media to its 2018 Annual General and Special Meeting of Shareholders. The Nemaska Shareholders' Group appeals to Premier Legault CNW Group - Thu Sep 3, 2:32PM CDT . Nemaska Lithium Inc (CA:NMX) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Nemaska Lithium Inc. on strategies to jointly market and pursue off-take agreements with global end users of lithium hydroxide and lithium carbonate. Nemaska Lithium, NMX on the Toronto Stock Exchange, has been under federal protection law since December 2019. TO) (NMKEF) (N0T. t) & Critical Elements Corp. However, as indicated above, The Nemaska Shareholders' Group appeals to Premier Legault finance. The Whabouchi Mine is located in the Eeyou Istchee James Bay Region of Quebec and Nemaska Lithium owns 100% of the claims. The Company code is: EUR CLICK HERE to connect to the ASX page on European Lithium. Nemaska Lithium also takes this opportunity to provide details on the activities at the mine site and the Phase 1 plant. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. 8 million tonnes (Mt) of Measured and Indicated Resources and 1. Project Manager at DRA. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy After months of funding uncertainty, Nemaska Lithium Inc. The question is, how much value is there left for Nemaska's investors? It is not easy to answer this question QUEBEC CITY, Dec. Nemaska Lithium Inc. yahoo. (the “Corporation”) announces that it will postpone the filing of its interim financial statements and management discussion and analysis (“MD&A”) for the third quarter ended on March 31, 2020. m . 40% lithium oxide, an indicated resource of 79,000 tonnes averaging 1. Nemaska owns many high potential land mines - which are full of lithium in beryllium and nickel - including the formation of the Lake Mountains, a vast area, easy road access and highly reputed for its greenstone belt volcanogenic polymetallic . (Photo: Nemaska Lithium) Canada’s Nemaska Lithium Inc. t) & Critical Elements Corp. (NMX-T) stock closed at a price of $0. All Rights Reserved. Capital Structure Total number of shares on issue*546,325,198 Number of options**213,100,000 Number of ordinary shares on a fully Lithium Americas Corp. New Nemaska Lithium will not be a reporting issuer under applicable Canadian securities laws. (“Residual Nemaska Lithium”), resulting in Residual Nemaska Lithium having become a successor reporting MONTRÉAL, Oct. Nemaska Lithium Inc is a Canada based lithium company. The company recently came to the market with battery-grade lithium from spodumene rock carved out of its Whabouchi mine in northern Quebec, Canada and converted in a proprietary electrochemical process to battery-grade lithium material at an in-house facility in Shawinigan to the south. 25, 2020 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. The additional funds would be needed on-top of an existing C$1. The extended contract provides higher volumes of supply than in 2020. “But more importantly, it’s somebody with the same vision as us, as far as the market for lithium is concerned. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy NEMASKA LITHIUM INC. 4 million shares, remains highly supportive of Nemaska Lithium and the Lithium Project. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy Nemaska Lithium (NMX:TSXV) has climbed the TSX Venture ranks and left most of its junior resource counterparts in the dust over the past two months. Lithium Americas is a Canadian-based company listed on both the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE) under the ticker symbol LAC. (“Residual Nemaska Lithium”), resulting in Residual Nemaska Lithium having become a successor reporting MONTRÉAL, Nov. announces that the Corporation, Nemaska Lithium Whabouchi Mine Inc. (CRE. The announcement on Feb. Shares were down 4. The company is developing one of the most important spodumene lithium hard rock deposit in the world, both in volume and grade, in Quebec. Nemaska Lithium is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. Based in Quebec, Canada, Nemaska Lithium, Inc. , Nemaska Lithium P1P Inc. This page shows changes in the ownership structure by listing institutions, funds, and major shareholders that have increased their holdings or opened new positions in the last reporting period. 88 per cent, trading at 3. Capital Structure and Major Shareholders European Lithium is listed on the Australian Securities Exchange (ASX). , Nemaska Lithium P1P Inc. 4 million shares, remains highly supportive of Nemaska Lithium and the lithium project. Under this agreement, Nemaska Lithium agrees to supply, through its wholly-owned subsidiary Nemaska Lithium Shawinigan Transformation Inc. 2% Li 2 O from a bulk sample of about 10,000t of ore. 31, 2020. Potential class actions on a contingency basis. 8-million in a heavily oversubscribed share purchase plan (SPP). “We continue working with Pallinghurst Nemaska Lithium has taken the necessary steps to ensure the preservation of its assets and to comply with regulatory, safety and environmental obligations at both sites for the duration of the project standby phase. Nemaska explored the Sirmac property from 2010 to 2012. 4 million shares traded. -- No lawsuits during CCAA. QUÉBEC CITY, QUÉBEC–(Marketwired – April 5, 2018) – Nemaska Lithium Inc. Vision also recently launched a 1,500 metre drill program consisting of approx. 31, 2019. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide. Both companies will equally own Québec Lithium Partners (“QLP”), which will have a 50% equity ownership in New Nemaska. The remaining 50% of New Nemaska will be owned by Investissement Québec. Annual General Meeting of Shareholders As a result of the ongoing discussions with The Pallinghurst Group (“Pallinghurst”), Nemaska Lithium has requested and obtained approval from the capital markets authorities to hold its shareholders Annual General Meeting (“AGM”) in early 2020. would be positioned as one of the largest mineral tenure holders in the Whabouchi Lithium District, which hosts Nemaska Lithium Inc. 5 Mt of Inferred Resources (expressed as lithium carbonate equivalent) at Cauchari developed by the Advantage and Orocobre joint venture as detailed in the Orocobre ASX Release dated 7 March 2019. Nemaska Lithium Inc. 18, 2018 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy Corporation and its stakeholders, the economic and market environment in which Nemaska Lithium operates, the equity commitment size and the structure combining a private placement and a rights offering. 6 million shares traded. The Quebec government and commercial partner Pallinghurst Group are pledging up to $600-million to recapitalize Nemaska Lithium Inc. Meanwhile, Livent said that it is continuing to discuss the framework for a long-term supply partnership with Tesla Inc. bloomberg. 15, 2020 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. Is Nemaska Lithium Inc. Nemaska Lithium (TSX: NMX) has reached a conclusion in its ongoing CCAA proceedings, with the result being that shareholders, unsurprisingly, are left with nothing. , Nemaska Lithium Shawinigan Transformation Inc. Additional details regarding the timing of this Following in the footsteps of the decision rendered in October of 2019 in the context of Stornoway Diamond Corporation’s CCAA proceedings, the recent decision by the Superior Court of Québec in the CCAA proceedings of Nemaska Lithium Inc. Guy Bourassa, president and CEO of Nemaska Lithium, discusses the company's plans for a lithium extraction mine in Quebec. In doing so Nemaska Lithium became the largest shareholder of Vision Lithium. F) today provides an update on its Whabouchi Project and the status of its ongoing efforts to complete the project financing. , Nemaska Lithium QUEBEC, QUEBEC, CANADA--(Marketwire - Nov. com MONTREAL, Aug. announces the detailed voting results in respect of the proposals submitted at the Corporation's Annual General and Special Meeting of Shareholders held today at 10:00 a. 's failure to launch a lithium mine in Quebec, analysts see some of Canada's disadvantages in the global lithium market coming to bear. com. , to file an The Company’s issued share capital consists of 205,105,957 ordinary shares of £0. 4 million on the C$1. The project, which comprises the Whabouchi lithium mine and the electrochemical plant at Shawinigan, could create a new supply of the lithium needed for batteries in electric vehicles. The special committee concluded The Government of Québec, Nemaska Lithium’s largest shareholder through Ressources Québec’s holding of 29. The Government of Québec, Nemaska Lithium’s largest shareholder through Ressources Québec’s holding of 29. Nemaska's existing shareholders will become shareholders of the new corporate entity, which will be subject to the continuing CCAA proceedings. 12 per share for total gross proceeds of up to C$99,075,000. Livent has agreed to invest in New Nemaska via a joint venture with The Pallinghurst Group. 37 on Friday after the lithium junior announced that SoftBank Group Corp. In simple terms, at around $0. The company announced that it has accepted a sales proposal, with its main assets being purchased by a group that consists of the firms largest secured creditor, Orion Mine Finance, Investissement Québec, and the Pallinghurst Group. (“SoftBank“) for a private The remaining 50% of Nemaska will be owned by Investissement Québec. “This give us a good cushion and a good partner with deep pockets,” said Guy Bourassa, Nemaska chief executive. 0% volatility of returns over 30 trading days. (“Nemaska Lithium” or the “Corporation“) (TSX:NMX)(OTCQX:NMKEF)(FRANKFURT:N0T) is pleased to provide further details on its project financing plans and to announce that it has entered into an investment agreement (the “Investment Agreement“) with SoftBank Group Corp. ABN 50 002 664 4953. 00 from holding NEMASKA LITHIUM INC or generate 0. 05 per share for gross proceeds of $50 million. and Nemaska Lithium Innovation Inc. 21 (-4. [NMX-TSX; NMKEF-OTCQX] announced, July 8, that it has completed its previously announced public offering for aggregate gross proceeds of $69,000,115. 165. In a press release dated March 28, 2018, Nemaska Lithium outlined the components of its overall $775-825 million financing structure to fund the construction, commissioning, working capital and reserve funds for its Whabouchi lithium mine and Shawinigan electrochemical plant and also for Upon completion of the earn-in, Cameo Resources Corp. and its affiliates (collectively Nemaska) provides further recognition to reverse vesting orders (RVO) as another tool of insolvency practitioners to Nemaska is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide and lithium carbonate. com) announced today the signing of the final agreements contemplated in the collaboration, financial Nemaska Lithium (TSX:NMX) is a Quebec-based lithium company. Between the publication of the project’s initial preliminary economic assessment (PEA) for an integrated operation in 2012 and the February 2018 feasibility study (FS), the capital cost for the Whabouchi mine doubled from C$163M (US$123M) to C$333M (US$252M), albeit with an approximate 10% increase in lithium output. Dividends made by Nemaska Lithium Inc from their annual profits to their shareholders are shown here - normally on an interim and annual basis. -- Regardless if GB is there now, potential class period would include all directors/ upper management. Nemaska Lithium eyes fresh steps to raise capital for Quebec project with $300 million in cost overruns ; In October, Nemaska shareholders would have a chance to vote on the deal. 40%, and an inferred resource of 40,000 tonnes at 1. 23 billion, including$506 million in equity. QUÉBEC CITY, QUÉBEC–(Marketwired – April 5, 2018) - Nemaska Lithium Inc. Moving forward, Nemaska Lithium intends to issue progress reports in conjunction with its quarterly and annual financial reporting. The Arques property covers a large part of the regional volcano-sedimentary unit, a favourable unit that hosts Nemaska Lithium's Wabouchi deposit and the Lemarre showing. (TSX: LAC, NYSE: LAC) is advancing the Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium claystone project in Nevada, USA to production. Nemaska Exploration is focused on the development of its 100% owned Whabouchi lithium deposit, for which a preliminary economic assessment was filed on January 19, 2011. (“Nemaska Lithium” or the “Corporation”) announces today that it has completed the previously announced exchange of its common shares, on a one-for-one basis, for common shares of NMX Residual Liabilities Inc. on Friday announced a tentative agreement to secure as much as $600 million to build its proposed hard rock lithium mine and electrochemical plant in Quebec. Betting on “an electric vehicle revolution,” Pallinghurst proposed the deal, which will make it Nemaska’s largest shareholder and position it as a key investor in the battery materials and energy storage market. The stock has dropped over 50% in 2019 so far. It is a trending stock that is worth watching. Nemaska Lithium now needs to raise an estimated C$375 million to complete construction on both the mine and […] MONTRÉAL, May 22, 2020 (GLOBE NEWSWIRE) -- Due to circumstances surrounding the COVID-19 pandemic, Nemaska Lithium Inc. v). It produces spodumene concentrate at its Whabouchi Property and converts it into lithium salts at its Shawinigan conversion plant (Commercial Electrochemical Plant). The Whabouchi mine, is a spodumene deposit, located in the Eeyou Istchee - Baie-James territory, approximately 30 kilometers from the Cree community of Nemaska and about 350 kilometers The $90 million in equity invested by Ressources Québec enabled Nemaska Lithium to raise between March 2016 and May 2018, approximately $1. Every day, it’s looking less likely that the company will secure the money needed to complete the SHAWINIGAN, Québec, Dec. Major shareholders include Softbank and Government of Quebec. Nemaska Lithium Inc. Nemaska Lithium Inc. 69% in mid-afternoon trading on February 15. The $90 million in equity invested by Ressources Québec enabled Nemaska Lithium to raise between March 2016 and May 2018, approximately $1. “With their collaboration we’ve brought Whabouchi from a few historic The Arques project offers strong lithium potential in a well-established area. Nemaska Lithium and Ressources Quebec remain in continuing discussions regarding a potential future capital investment in the corporation to further Between the publication of the project’s initial preliminary economic assessment (PEA) for an integrated operation in 2012 and the February 2018 feasibility study (FS), the capital cost for the Whabouchi mine doubled from C$163M (US$123M) to C$333M (US$252M), albeit with an approximate 10% increase in lithium output. proceeded yesterday with the sale of all its 15,849,455 common shares of Monarch Gold Corporation. ("Nemaska Lithium" or the "Corporation") (TSX: NMX) (OTCQX: NMKEF) announces the detailed voting results in respect of the Under the Agreement, Nemaska Lithium will have a pre-emptive right to participate in any future equity financing as long as it holds at least 10% of ABE's issued and outstanding common shares. Neo Lithium moving closer to production SPONSORED Thoughts on Nemaska Lithium? I just sold my position, because I think the deal they have on the table is not good for any of us retail shareholders. This transaction will, allow existing Nemaska Lithium shareholders to participate. Phone: + 61 (08) 6245 2050 Nemaska Lithium Inc. Nemaska Lithium is a pure play lithium investment. (“Nemaska Lithium” or the “Corporation”) announces today that the Corporation, Nemaska Lithium Whabouchi Mine Inc. In October, Nemaska shareholders would have a chance to vote on the deal. The Corporation will review the activities of the last fiscal year and provide an overview of ongoing activities. The stock has dropped over 50% in 2019 so far. (“ Nemaska Lithium ” or the “ Corporation ”) announces today that it has completed the previously announced exchange of its common Pursuant to the RVO, IQ and PG will take ownership of Nemaska free and clear of creditor claims, which will be transferred, along with unwanted assets, to a newly incorporated non-operating company. Guy Bourassa, President and CEO of Nemaska Lithium, commented, “With the project financing structure completed on May Nemaska Lithium Inc has entered into a $150 million streaming agreement with Orion Mine Finance II LP. Change: -8. shares moved 17% higher to $1. Bourassa for the many years he Nemaska ?? ??Lithium Inc. You can read more about the power of momentum in assessing share price movements on Stockopedia. MONTRÉAL, Nov. on Friday announced a tentative agreement to secure as much as $600 million to build its proposed hard rock lithium mine and Joe Mazumdar, co-editor of Exploration Insights, discusses Nemaska Lithium. Next steps in the restructuring and effect of the sale proposal on the creditors and the shareholders. “On behalf of the Board of Directors, I would like to thank Mr. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)() announced today that it has entered into discussions with Sichuan Tianqi Lithium Industries Inc. The company in September announced plans for a A$6-million SPP, as part of a greater A$70 Nemaska Lithium eyes fresh steps to raise capital for Quebec project with $300 million in cost overruns ; In October, Nemaska shareholders would have a chance to vote on the deal. Aaron Jolly, interim CEO of the NDC, told the Nation he hopes to see the company recover. 5¢ apiece, on 39. nemaska lithium shareholders