Nemaska Lithium Closes $13-million Private Placement

Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) announced it has closed a non-brokered private placement of $13-million by the issuance of 38,235,295 units at a price of 34 cents per unit in favour of Ressources Quebec Inc., acting as mandatory for the government of Quebec, and Nemaska Development Corp.
The corporation intends to use the net proceeds of the private placement for the construction and operation costs of the phase 1 plant that will produce lithium hydroxide and for general expenses.
Connect with Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) to receive an Investor Presentation.