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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 by User

Bullboard Posts
Post by brodanon May 10, 2010 11:55am
403 Views
Post# 17080890

Just an idea of where the shares are

Just an idea of where the shares areNMX sent me a new info sheet.  This is what was written about the shares outstanding. 



Shares outstanding
Free trading (actual):
43,274,706* 21,550,962
Warrants and options outstanding
Options Warrants
Funds available for exploration
1,565,000 225,000 962,500
2,350,920 4,285,714 542,525 7,717,225
$3,400,000
(
.15, 10/14) (
.40, 09/11) (
,50, 02/15)
(
.50, 12/11) (
.60, 12/11) (
.64, 12/11) (
.80, 12/11)
Fully diluted
60,923,590
Distribution of outstanding shares
Management
5.7%
Institutional
21.9%
Retail
72.3%
*5,855,144 of these shares are escrowed and released 15% every 6 months starting June 20, 2010.
*4,143,050 of these shares to be released in 2 equal instalments (2,071,525) starting June 30, 2010 (every 3 months).
*11,725,550 of these shares are to be released in 4 equal instalments (2,931,387) starting June 30, 2010 (every 6 months).

Cheers
Please do your due diligence.


Bullboard Posts