Nemaska Lithium Inc NMKEF

Nothing can happen without shareholder approval

[Tcheck]

We continue working with Pallinghurst and our other strategic partners on completing an optimized project financing structure to be submitted to the shareholders’ approval as soon as possible,”
Read more at https://stockhouse.com/news/press-releases/2019/11/15/nemaska-lithium-provides-update-on-whabouchi-project#5iF40SQHyKkc8AwC.99

can they change the terms of the negotiations or would that be a breach of contract.
i still believe they will have to stick with the 25 cents offer.
if they would change that they wouldnt respect the deal as outlined .it would be void .
thats why i dont understand this falling of the price under 25 cents.
seems stupid .any lawyers on the forum?

[ewaltz22]

Tu peux demander Calgary ...il connat tout et il te pourra dire son pass 

[Calgary_AB]

Tcheck: Pall said to NMX I am interested in financing up to 600 mil at the time 0.25 was an ok deal SP was at 0.30...during the time of Pal doing their DD SP dropped to 0.20, Pal is not convinced the 600 mil is enough...afterall the bonds are also gone plus 40 mil in interest so another over 400 mil gone...so really the only thing left would be what's in the bank plus the 600 mil...That is not

[materialsgirl]

Calgary; Re nothing can happen My understanding is similar to what you outlined. However, with delays there may be even more money needed $600m + another $600m is simply not doable. At least not without wiping our existing shareholders. The case looks more and more hopeless. Many investors are ignoring the reality that $600m may  only be a beginning I had imagined a 9 cent bottom for