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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 > EDDA offer didn't materialize
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Post by dalesio_98 on Sep 28, 2020 11:56am

EDDA offer didn't materialize

The EDDA/Zingher offer was not completed, nothing stands in the way of accepting IQ/Pallinghurst/Orion offer. What remains of the Nemaska shareholder battle, a possible class action if we find a specialized firm to take on the case.
 
L'offre EDDA/Zingher n'a pas ete completee, rien ne s'oppose a l'acceptation de l'offre IQ/Pallinghurst/Orion. Ce qui reste de la bataille des actionnaires de Nemaska, une eventuelle action collective si nous trouvons une firme specialisee pour prendre en charge l'affaire.
Comment by bigkagan on Sep 28, 2020 12:48pm
we can also ask the Q gov't to give us replacement shares in some other company like BBD where it has a stake
Comment by EDDAFINANCE88 on Oct 08, 2020 3:31pm
En tant que Prsident d'EDDA et de l'offre EDDA Zingher, nous confirmons que nous n'avons pas effectivement complt notre offre mais ceci pour la raison suivante : Nous avons prouv disposer de 300 millions d'euros ce qui reprsente prs de 455 millions de dollars (au cours d'aujourd'hui) canadiens sans aucun financement additionnel ncessaire. Il n'y avait donc aucun problme ...more  
Comment by bigkagan on Oct 08, 2020 3:52pm
they should have given the money without visual verification which would be just a pile of rocks anyway, there are enough documents to confirm that the deposit is real
Comment by Tcheck on Oct 08, 2020 4:17pm
If company was not interested to show the mine to EDDA it tells how serious they were to try to find candidat buyers other than cynIQ   :)
Comment by bigkagan on Oct 09, 2020 4:17pm
the deal should be cancelled because EDDA was denied access to the site and new bidding should be ordered
Comment by Calgary_AB on Oct 09, 2020 4:36pm
it is not up to NMX or NMX retail investors to decide anything...you had your say when you voted to have GB and his board in power...they failed. Now there are only 2 important people: 1. The buyer 2. The secured investor It's a deal between 2 entities buyer and seller. If the seller wants too much it loses the customer interest (buyer). If customer lowballs the secured creditor has an ...more  
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