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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 > The NMX Lithium Shareholders Group
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Comment by Charleneon Apr 28, 2020 9:51am
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Post# 30961278

RE:RE:RE:The NMX Lithium Shareholders Group

RE:RE:RE:The NMX Lithium Shareholders Group

Yes and No.  Alain, that depends on the purchase price.  Yes, if the purchase price is less than the creditors (verified) liability i.e. existing shareholders get nothing.  But, if the purchase price is more than the creditor's liability, shareholders get money for their shares.   Also, a refinancing option can exclude existing shareholders.  We can create newco without equity from existing shareholders and refinance newco.  It is not the silver bullet.   It is important to be open to all offers including buyouts to maximize shareholders return.

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