it is what it is... Regarding the next steps for the Corporation, we are pursuing our efforts and seek solutions and alternatives with our financial and legal advisers. In this matter, Nemaska Lithium will launch, at the end of this week (February 28), the Sale and Investment Solicitation Process (SISP),
as approved by the Superior Court of Qubec at the end of January 2020. Information on the process can be found on
the Monitor’s website (appointed by the Court for procedures under the CCAA).
Nemaska Lithium may apply for relisting of the common shares upon emerging from the CCAA process, as the case may be (TSX or TSX-V). The Corporation has always been clear in its communications that it wants a solution / offer that would include its existing shareholders; however, there can be no guarantee or certainty about it. Nemaska Lithium nevertheless remains confident to find one or more partners / investors ready to relaunch the project.
It is too early in the process to comment any further. We will continue to keep shareholders informed when new information becomes available, through our platforms
(Nemaska Lithium’s website or
the Monitor’s website).
Best regards,
Gabrielle Tellier Chef de service Communications | Head of Communications
101, avenue Chahoon
Shawinigan (Qubec) G9T 7J1
 | 819 533 0080 ext. 2042 |
 | 819 533 0085 |