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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 Smokeramaon Mar 07, 2019 7:18pm
79 Views
Post# 29458603

RE:RE:SoftBank moves to lock up lithium,

RE:RE:SoftBank moves to lock up lithium, SoftBank will only be providing further capital to this company once it has been restructured under CCAA. The old shares will be worth nothing and it will hold the majority of the new shares. 

It will replace the current Board of Directors and management team with experienced mining people. 

It is that simple. The current shares will become worthless. 
Bullboard Posts