GREY:NMKEF - Post by User
Post by
penwin66on Apr 06, 2018 10:16am
204 Views
Post# 27842082
possible finance partner
possible finance partner TORONTO/VANCOUVER, April 6 (Reuters) - Canada's Nemaska Lithium Inc is in talks with U.S. private equity firm Orion Mine Finance Group on a lithium streaming deal, a type of specialized mining finance, according to people familiar with the transaction.
Nemaska announced late Thursday that Japan's SoftBank Group Corp will buy a stake of up to 9.9 percent in the company and invest up to C$99.1 million ($78 million) in a private placement. Nemaska and Orion declined to comment on the streaming deal. Sources declined to be identified as the talks are confidential.
($1 = 1.2747 Canadian dollars) (Reporting by Susan Taylor in Toronto and Nicole Mordant in Vancouver)
© Thomson Reuters 2018. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. Thomson Reuters is not liable for any errors or delays in Thomson Reuters content, or for any actions taken in reliance on such content. 'Thomson Reuters' and the Thomson Reuters logo are trademarks of Thomson Reuters and its affiliated companies.