GREY:NMKEF - Post by User
Post by
penwin66on Apr 06, 2018 10:16am
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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)
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