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.

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Nemaska Lithium Inc

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Comment by Nic777on Apr 25, 2018 12:49pm

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Post# 27938758

RE:RE:RE:Closing of Subscription Receipts with SoftBank

The deadline for release from escrow is August. Bonds are to be sold-off by May 18th. That's a lot of time in between for the share price to rise before they anounce the last equity offering.

Kendle2017 wrote: Nothing has changed...that is still old news..... in escrow until August

The gross proceeds from the Placement have been placed in escrow, pending satisfaction or waiver of the remaining escrow release conditions, being, among others, the completion by the Corporation of one or more public and/or private equity offerings (the "Equity Offerings"), and the reception of irrevocable commitments for debt financing as per the details given in its April 5, 12 and 20, 2018