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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Comment by phantom666on Jan 29, 2020 5:15pm
143 Views
Post# 30616477

RE:4 sale...

RE:4 sale...
It was from PG Oct/19. I believe because NMX went into a CCAA, that the SISP is part of the process. "are seeking parties interested in acquiring or INVESTING in the business or the assets of the Companies in a manner that is determined to be a superior offer to the Recapitalization Plan under the CCAA process."....Recapitalization is the restructuring of a company's debt and equity ratio. The purpose of recapitalization is to stabilize a company's capital structure. Some of the reasons a company may consider recapitalization include a drop in its share prices, defense against a hostile takeover, or bankruptcy.
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