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Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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

Nemaska Lithium Inc > Nemaska Lithium Seeks Creditor Protection
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Comment by Nic777on Dec 23, 2019 9:41am
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Post# 30483286

RE:RE:RE:RE:RE:Nemaska Lithium Seeks Creditor Protection

RE:RE:RE:RE:RE:Nemaska Lithium Seeks Creditor ProtectionThey did this to protect themselves in case Orion ask for reimbursement of the first $75M that was disbursed last year.

This is not the end guys.  Relax.


Tothemoon514 wrote: No this is not bad news for shareholders, the CCAA will most likely be approved which means creditors willnot be able to take any legal action against nmx. Considering all other options, This is great news for shareholders. Not only will creditors not be able to take legal action, interest will be frozen and debts payments will likely be made yearly instead of monthly. Nemaska wll be able to continue its operation without the fear of being sued


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