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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

Post by Alcideon Jan 30, 2020 11:10am
142 Views
Post# 30619859

Guy Bourassa statements

Guy Bourassa statements
FRANAIS "Our priority is to refinance the business, not to sell it," said Mr.Bourassa-the CEO of Nemaska Lithium. He also confirms that the discussion channel remains open with the Pallinghurst Group, the British company with which Nemaska Lithium was negotiating an investment partnership of up to $ 600 million last year. The preferred trading period ended on December 31. "They are still interested in the matter," said Mr. Bourassa. "They were mostly annoyed, like us, by the unpredictable deadlines and the result of the bickering with bondholders. By mutual agreement, we decided not to renew the exclusivity. But now that we've settled the bond issue, it opens the door to receiving more offers, having more interested investors and having more generous offers.
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