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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
Comment by lamothzeon Jun 18, 2016 7:11am
188 Views
Post# 24976690

RE:RE:TSX listing opening price

RE:RE:TSX listing opening priceWhat are you all talking about? It's just an uplisting from tsx venture to tsx. It's not an IPO. There is no price to set . It will trade at the same price than the day before the uplisting. The difference is that there will be a 50$ m private placement financing at a price not set yet. It will be set based on the average trading price of a certain period before it closes. So expect between 25-45 million share dilution.
CREAMSHOW wrote: How does the price get determined ? Can someone walk me through the process please Thanks!


Bullboard Posts