GREY:NMKEF - Post by User
Post by
Tcheckon Jan 06, 2020 5:20pm
165 Views
Post# 30523733
In a nutshell
In a nutshell Ongoing court troubles with nordic trustee
we have good chances to overcome this hurdle.
we will have to have patience .
i think nordic trustee is greedy
and exagerating.
they think they have the law on their side.they dont want us to walk away from the deal and dont mind destroying the company for ill gotten gain .this insolvency is nothing dramatic .a tempest in a teapot.
We should win this case.
17 September 2019
• Nemaska Lithium informed the Nordic Trustee that it acknowledges the set-off of the Nominal Amount of the Senior Secured Bonds plus accrued interest
• The Corporation filed an application with the Court seeking the discharge of the security which secured
the Senior Secured Bonds
• Pallinghurst confirms willingness to pursue its proposed investment in Nemaska Lithium
• Nemaska Lithium is now focused on fully funding the project through more favorable avenues