GREY:NMKEF - Post by User
Post by
Tcheckon Sep 02, 2020 6:03am
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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