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.

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Nemaska Lithium Inc > Shareholders Saved??

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Post by phantom666 on Sep 14, 2020 12:28pm

Shareholders Saved??

From the 09/09/20 Court Motions & Orders - The exchange of the shares of NMX held by the shareholders for common shares of New ParentCo, resulting in New ParentCo becoming the successor reporting issuer and NMX becomes a wholly-owned subsidiary of New ParentCo. (and NMX ceasing to be a reporting issuer)..... The cancellation with no consideration of all MNX warrants, stock options and any other securities convertible into or exercisable for common NMX shares..... Funny this is what I mentioned awhile ago about switching out shares from the new company cuz the shares wouldn't cost them 1 red cent and just cancel the warrants!!

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