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 > Linkedin comment from nemaska concerning pallinghurst

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Comment by mick1888on Dec 27, 2019 4:44pm

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Post# 30495369

RE:RE:RE:Linkedin comment from nemaska concerning pallinghurst

Read the words and digest CalAB... ;-)

Calgary_AB wrote: it means the nice way...NOT INTERESTED

mick1888 wrote: Thanks ewaltz

'no final agreement will be concluded before the end of the exclusivity negotiation period on December 31, 2019'

WHAT DOES THIS MEAN?

Have seen this statement a few times in the last couple of days, and still do not know what it implies?

ewaltz22 wrote:
Hi Mr. Davis, despite our efforts towards reaching a final agreement with The Pallinghurst Group, it seems practically inevitable that no final agreement will be concluded before the end of the exclusivity negotiation period on December 31, 2019. Although Pallinghurst still has a favourable opinion of our project, it is not willing to extend the exclusivity period beyond December 31, 2019, nor to modify some of the conditions attached to its investment proposal. We will continue to work tirelessly to complete our financing efforts under the supervision of the Special Committee and the Board of Directors in consultation with our professional advisors. We will provide an update on these matters as additional information becomes available.