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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 TicTacToon Aug 19, 2020 12:30pm
172 Views
Post# 31428960

Liabilities

Liabilities

Based on management and the Corporation's consultants' assessment as well as information available, an amount of approximately $93 million has been provisioned for obligations relating to past events that could likely result in a potential payment in relation with the Claims Process. This provisioned amount, in conjunction with the other balances included in the liabilities subject to compromise, is the best estimate of what could be expected to be considered as the potential foundation of a plan of compromise or arrangement to the Corporation's creditors


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