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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 Tcheckon Sep 02, 2020 6:03am
217 Views
Post# 31492480

Residual nemaska lithium - complicated sale proceedings

Residual nemaska lithium - complicated sale proceedings

As part of the bid, Nemaska would be reorganized into a new entity, Residual Nemaska Lithium, that would hold specific excluded assets and liabilities of Nemaska, with Nemaska shares exchanged for the units in the residual company.

Based on the release, the excluded assets and liabilities above are likely associated with Orion’s share of the secured debt

can we refuse to exchange our shares and hand them over to the residual
company? Refuse to be associated with orions secured debt ?
simply refuse ?

what is this all about anyway.seems complicated way of getting rid of shareholders
 

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