| Source: Nemaska Lithium, Inc.
PHOENIX, Aug. 29, 2018 (GLOBE NEWSWIRE) -- Nemaska Lithium, Inc., (OTCQB:NMKEF) (the “Company”) CEO Guy Bourassa is making another stop on Uptick Newswire’s “Stock Day” podcast with Everett Jolly.
Bourassa discusses the company’s $1.1 billion financing package, which he says is the largest ever single product financing by a new developer in the lithium industry. The Quebec government, a global technology player from Japan and a Nordic bond offering sold worldwide are part of the financing package, as is a new streaming deal with Orion Mine Finance II LP.
The financing, Bourassa says, will allow the company to complete construction of mine and concentrator facilities as well as a state-of-the-art electrochemical plant to make high purity lithium hydroxide. Bourassa says the mine and concentrator facilities are on a 12-month construction timetable while the electrochemical plant is a couple of years away.
In the podcast, Bourassa also addresses the current dip in lithium stocks worldwide. He says Nemaska is currently a good deal because it’s the only lithium project with new facilities already financed through completion of construction.
The interview is now available for streaming. To listen to the interview in its entirety, please go to:
https://upticknewswire.com/featured-interview-guy-bourassa-of-nemaska-lithium-inc-otcqx-nmkef/