Bullboard - Stock Discussion Forum 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 > Have fun Great Baboon 2018 $399,600 (6) exceptional bonus

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Post by TeddyBear on Dec 24, 2019 11:52am

Have fun Great Baboon 2018 $399,600 (6) exceptional bonus

(6) This amount represents Mr. Bourassa’s car allowance of $12,000 and, for the year ended June 30, 2018, an exceptional performance bonus. This bonus is provided in a Corporation’s policy established on October 10, 2017. It was granted to Mr. Bourassa for his exceptional dedication to the success of the $1.1B financing for the Whabouchi project.

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Comment by Calgary_AB on Dec 24, 2019 11:57am

if you find all the crapp he did and put it together a lawsuit can be possible... but too bad is in Quebec.. Back over a year ago I wrote to Sec and they replied saying they forwarded to Quebec sec because its a quebec company...it died there... how do u spell CORRUPTION?

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Comment by TeddyBear on Dec 24, 2019 12:08pm

yes but they trade on TSX in Toronto, should be federal law at some point.

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Comment by RickHunter on Dec 24, 2019 12:13pm

Usually when you are a big company on the TSX and your share price go under 0,15$ you are delisted and the company split for themself the rest...Not a good news. I dont think it will be possible to sell again Nemaska shares. If it does it will go quickly i few days to 0,01$.

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Comment by TeddyBear on Dec 24, 2019 12:16pm

Do not trust, Stornoway trade at less than 15 cents for several months, it is then Qc who kill it by delisting.

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Comment by RickHunter on Dec 24, 2019 12:23pm

Under 0,15$ the company have problem with legislation and TSX so it go bankrupt. Beside that price most of the time it not even possible to trade for commun people. You dont believe that,good for you. You seem to have a lack of judgment.

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Comment by TeddyBear on Dec 24, 2019 12:26pm

Nope sorry but stornoway trade 4 months at less than 15 cents !

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Comment by TeddyBear on Dec 24, 2019 12:28pm

15 cents minimum price is fantaisy 4 A quick Google for Toronto Stock Exchange regulations provided "Part VII Halting of Trading, Suspension and Delisting of Securities." There are many reasons listed for delisting but in regard to price, the following section addresses it: 3) Market Value and Public Distribution Sec. 711. TSX will normally ...more

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Comment by RickHunter on Dec 24, 2019 12:35pm

Teddy Its not possible to trade the stock . Even if you try at ,02$ it wont work. Its not the commun supsension for too much transaction. Its in termination phase idiot!

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