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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.


GREY:NMKEF - Post by User

Post by Tcheckon Aug 29, 2020 5:28pm
190 Views
Post# 31475743

Who are .?

Who are .?The special committee of nmx s board,
the corporations advisers
the ccaa monitor ?


After a thorough review, with its financial and legal advisors, of available qualified bids received as part of the SISP and after the withdrawal of other indications of interest as well as a careful consideration of the interest of all of its stakeholders, the Corporation’s Board of Directors, following a unanimous recommendation of its special committee, the recommendation of the Corporation’s advisors and the support of the CCAA Monitor, determined that accepting the Bid was the best alternative for the Corporation.

I think a majority of shareholders would agree that the  corporation s board of directors Doesnt have the competence to make that decision of selling the company .
it looks like a sell out to one of their board buddies more than a deliberate attempt to satisfy the interest of the real majority owners of the company.
The project is a goldmine and this board didn t even notice it.
so much for their good judgment

 
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