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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GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > We have to maintain the momentum

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Post by Tcheck on Mar 15, 2020 4:30pm

We have to maintain the momentum

1780 members out of 25 000 shareholders.joined ,
Representing 130 million shares out of 880 million outstanding ? I think.
not too bad since the more shareholders come on board the better represented we are

can we contact management to reach out to all shareholders who would like to join this class action and expect a bigger clout.in the restructuring.process.

i would call it representative action at this stage ,not suit..does the RAN hold more shares than
iQ ?

A class action, also known as a class action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member of that group.

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Comment by dalesio_98 on Mar 15, 2020 4:42pm

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Comment by dalesio_98 on Mar 15, 2020 4:54pm

RAN now has 1800 members and 130 million share block, IQ holds less at 13% of outstanding shares. More shareholders join RAN and legal representation the more clout we have and additional financial resources. RAN is not participating in a class action nor is any lawsuit permitted during CCAA/LACC process.

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