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Bullboard - Stock Discussion Forum 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 Discussion

Nemaska Lithium Inc > Nmx sold
View:
Comment by ewaltz22 on Aug 24, 2020 12:20pm
Retail gets nothing.
Comment by Ciseaux on Aug 24, 2020 12:21pm
Shareholders get $0... Malheureusement, d’aprs les modalits de l’offre et la contrepartie devant tre reue par l’entit restante de Nemaska Lithium, les porteurs d’actions ordinaires de la socit ne recevront aucun paiement ni aucune distribution l’gard de leurs actions ordinaires dans le cadre des procdures en vertu de la LACC, et ne dtiendront aucune participation dans la nouvelle Nemaska ...more  
Comment by dalesio_98 on Aug 24, 2020 12:26pm
Comment by dalesio_98 on Aug 24, 2020 12:45pm
Unfortunately, based on the terms of the Bid and the consideration to be received by Residual Nemaska Lithium, holders of the Corporations common shares will not receive any payments for, or distributions on, their common shares in connection with the CCAA proceedings, nor will they hold any interest in New Nemaska Lithium following the completion of the plan of compromise or arrangement.
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