|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.5550 - 0.6367|
|52 Week Range||0.4600 - 13.0000|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
QUÉBEC CITY, Aug. 29, 2018 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) is pleased to confirm that it has satisfied the conditions required before the the Long Stop Date (as defined in the terms of the Bonds) pursuant to its offering of senior secured callable bonds in the aggregate principal amount of USD 350M (the "Bonds"), the completion of which was announced on May 30, 2018 (the "Bond Offering"). As indicated at the time of the pricing and closing of the books for the Bond Offering (see May 10, 2018 press release), the Corporation had until August 30, 2018, to satisfy a series of conditions precedent to the transfer of proceeds to the trustee in charge of holding same for the benefit of the bondholders, before the Corporation may draw on such proceeds.
Nemaska Lithium, Inc., (NMKEF) (the “Company”) CEO Guy Bourassa is making another stop on Uptick Newswire’s “Stock Day” podcast with Everett Jolly. Bourassa discusses the company’s $1.1 billion financing package, which he says is the largest ever single product financing by a new developer in the lithium industry. The financing, Bourassa says, will allow the company to complete construction of mine and concentrator facilities as well as a state-of-the-art electrochemical plant to make high purity lithium hydroxide.
Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (NMX.TO) (NMKEF) (N0T.F) is pleased to confirm that Nemaska Lithium Shawinigan Transformation Inc., its wholly-owned subsidiary, has received a first payment of USD 75M from affiliates of Orion Mine Finance II LP (“Orion”) under the streaming agreement entered into on April 12, 2018 (the “Streaming Agreement”). Such payment represents the first tranche of the total advance payment equal to USD 150M to be made by Orion under the Streaming Agreement (see press release of April 12, 2018). The second USD 75M tranche will be payable upon the satisfaction of certain technical and other customary conditions that can be satisfied until December 31, 2019.
Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (NMX.TO) (NMKEF) and Northvolt AB ("Northvolt") are pleased to announce the signature of an agreement providing for the supply of battery grade lithium hydroxide by the Corporation to Northvolt. On April 27, 2018 Nemaska Lithium announced an agreement in principle with Northvolt. This agreement is now superseded by a definitive 5-year supply agreement.
Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (NMX.TO) (NMKEF) is very pleased to provide a project construction update and development timeline for its Whabouchi Mine and Electrochemical Plant in Shawinigan. Moving forward, Nemaska Lithium intends to issue progress reports in conjunction with its quarterly and annual financial reporting. Guy Bourassa, President and CEO of Nemaska Lithium, commented, “With the project financing structure completed on May 30th, our project construction and planning are on schedule at both locations and construction activities are increasing week by week.
QUÉBEC City, July 03, 2018 (GLOBE NEWSWIRE) -- Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (NMX.TO) (NMKEF) and LG Chem, Ltd. (“LG”) are pleased to announce the signature of an agreement providing for the supply of battery grade lithium hydroxide by the Corporation to LG. The signing of this agreement is a clear vote of confidence by LG in our business plan and our capacity to be a long-term supplier of lithium hydroxide”, said Guy Bourassa, President & Chief Executive Officer of Nemaska Lithium. Under this agreement, Nemaska Lithium agrees to supply LG, on a take-or-pay basis and through its wholly-owned subsidiary Nemaska Lithium Shawinigan Transformation Inc., with 7,000 tonnes per year of lithium hydroxide produced at the Corporation’s commercial plant in Shawinigan, for an initial 5-year period scheduled to start in October 2020.
Canada's Nemaska Lithium said on Tuesday it had secured funding of up to C$402 million ($314 million) from investors, which it plans to use to build a mine and processing plant to produce lithium, the key ingredient for rechargeable batteries. This brings to more than C$1.1 billion the amount of money Nemaska has raised this year for its proposed operations, as the Quebec-based company rides a wave of interest in lithium for batteries used in electric vehicles and mobile phones. "Today marks a big day in the life of Nemaska Lithium, as we are announcing the last piece of financing required to start the commercial development of the Whabouchi lithium mine project," Nemaska Chief Executive Guy Bourassa said in a statement.
QUEBEC, QUEBEC--(Marketwired - Apr 27, 2018) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (NMX.TO) (NMKEF) and Northvolt AB ("Northvolt") are pleased to announce the signature of an agreement in principle providing for the supply by the Corporation to Northvolt of battery grade lithium hydroxide. Under this agreement in principle, Nemaska Lithium agreed to supply, through its wholly-owned subsidiary Nemaska Lithium Shawinigan Transformation Inc., and Northvolt agreed to purchase, on a take-or-pay basis, up to 5,000 but not less than 3,500 metric tonnes per year of lithium hydroxide produced at the Corporation's commercial plant in Shawinigan, for a 5-year supply period commencing upon the start of commercial production at both the Shawinigan Plant and Northvolt's projected Skellefteå factory in Sweden (the "N Factory").
QUEBEC CITY, QUEBEC--(Marketwired - Apr 25, 2018) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (NMX.TO)(NMKEF)(N0T.F) is pleased to announce that it has closed its previously announced private placement (the "Placement") of 88,460,446 subscription receipts (the "Receipts") at a price of CAD 1.12 per Receipt for aggregate gross proceeds of CAD 99,075,700, pursuant to the investment agreement (the "Investment Agreement") entered into with SoftBank Group Corp. ("SoftBank") on April 5, 2018. Pursuant to the Placement, upon conversion of the Receipts, SoftBank will acquire up to 9.9% of Nemaska Lithium's common shares ("Shares").
NEW YORK , April 13, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, is pleased to feature the following companies who ...
Nemaska Lithium Inc. is pleased to update its project financing plans and confirm that it has entered into a USD 150M streaming agreement with Orion Mine Finance II LP .
Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com QUEBEC CITY , April 10, 2018 /PRNewswire/ -- Nemaska Lithium, ...
Nemaska Lithium Inc. is pleased to provide further details on its project financing plans and to announce that it has entered into an investment agreement with SoftBank Group Corp. for a private placement ...
Nemaska Lithium Inc. provides an update on its project financing plan to raise USD 775M to USD 825M to fund the construction, commissioning, working capital and reserve funds for its Whabouchi lithium ...
OTC Markets Group EVP Jason Paltrowitz to Speak on Panel on "Reg A+ Offerings" NEW YORK , March 8, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for ...
Nemaska Lithium Inc. announces the detailed voting results in respect of the proposals submitted at the Corporation's Annual General and Special Meeting of Shareholders held on Friday, February 16, 2018 ...
Nemaska Lithium Inc. is pleased to announce the closing of the sale of its 100% undivided interest in the Sirmac lithium property to ABE Resources Inc. , as previously announced on December 14, 2017. The ...
Nemaska Lithium Inc. is proud to announce it has been named to the 2018 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
NEW YORK , Jan. 24, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX®, OTCQB® and Pink® financial markets for 10,000 U.S. and global securities, today announced the 2018 ...