Nemaska Lithium Arranges Up to 60-million Financing

Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) announced additional details concerning its proposed marketed offering. The Corporation will offer a minimum of 43,480,000 units of the Corporation for aggregate gross proceeds of $50,002,000 and a maximum of 52,174,000 Units for aggregate gross proceeds of $60,000,100, at a price of $1.15 per Unit.
The Corporation intends to use the net proceeds of the Offering for engineering fees in relation to the Whabouchi Mine and concentrator and the Shawinigan hydromet plant, down-payments for long lead items, drilling and for general working capital purposes.
Connect with Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) to receive an Investor Presentation.