Before-Tax Internal Rate of Return at 30.3% and Net Present Value @ 8% of CAD 3.1 B After-Tax IRR at 27.4% and NPV @ 8% of CAD 2.3 B CAPEX assessment for Whabouchi and Shawinigan confirms the Corporation’s February 2019 estimate QUEBEC CITY, July 31, 2019 -- Nemaska Lithium Inc. releases the results of its updated National Instrument [...]
Enters into a letter of intent for a CAD 200M private placement and a CAD 400M rights offering guaranteed by way of a stand-by commitment The private placement and rights offering both to be concluded at CAD 0.25 per share QUEBEC CITY, July 19, 2019 -- Nemaska Lithium Inc. is pleased to announce that it has received and accepted a letter of intent [...]
• Construction pace is adapted to ensure optimal use of current resources • 55% of detailed engineering completed in Shawinigan as of April 30, 2019• Quality hydroxide products steadily produced out of the Phase 1 plant QUÉBEC CITY, May 16, 2019 -- Nemaska Lithium Inc. today provides an update on the overall Whabouchi project [...]
QUÉBEC CITY, May 03, 2019 -- Nemaska Lithium Inc. today announced that Mr. Patrick Godin has left the board of directors after a year serving the Corporation. "We understand and respect Patrick’s decision to leave in order to fully dedicate himself to his professional activities. I want to sincerely thank him for his contribution to [...]
BBA validates Nemaska Lithium's cost-to-complete estimate. The Corporation’s proactive approach to project management echoes the report’s recommendations. Nemaska Lithium Inc. is pleased to announce that an external and independent audit conducted, at the request and under the supervision of the Board of Directors’ Special [...]
QUÉBEC CITY, March 28, 2019 -- Nemaska Lithium Inc. is pleased to announce that it has modified and expanded its existing long-term supply agreement for battery grade lithium hydroxide with Johnson Matthey Plc . Under this amended agreement, Nemaska Lithium agrees to supply Johnson Matthey, on a take-or-pay basis and through its wholly-owned [...]
Strategic Financing Action Plan Underway Whabouchi Construction Continues, Shawinigan to Focus on Detailed Engineering Changes in the Construction Team P1P Continues and Receives International Praise QUÉBEC CITY, Québec, March 25, 2019 -- Nemaska Lithium Inc. today provides an update on the deployment of the overall Whabouchi project [...]
Nemaska Lithium Inc. is pleased to announce the appointment of two new members to its Board of Directors: Mr. Jacques Mallette, President & Chief Executive Officer of Raymor Industries Inc., a high technology company specialized in manufacturing advanced carbon materials for batteries and electronics, and a seasoned director of companies; and Mr [...]
Nemaska Lithium Inc. is pleased to announce that it has started the qualification of its high purity lithium hydroxide monohydrate products with more than 20 customers globally. The Corporation began shipping samples within 60 days of installing drying and bagging equipment at its Shawinigan Phase 1 demonstration plant. Sample sizes range from 450 [...]
QUÉBEC CITY, Québec, Feb. 27, 2019 -- Nemaska Lithium Inc. today announced that, further to its update of February 13, 2019 on the evolution of the Whabouchi project, its Board of Directors has appointed a Special Committee to review all strategic alternatives for the Corporation. The Special Committee is comprised of independent [...]
Nemaska Lithium Inc. announces that is has terminated its multi-year supply agreement with Livent Corporation . The Supply Agreement pertains to the provision of up to 8,000 tonnes per year of lithium carbonate starting April 1, 2019. As disclosed in the Corporation’s financial statements for the year ended June 30, 2018 , the Corporation and [...]
QUÉBEC CITY, Feb. 13, 2019 -- Nemaska Lithium Inc. will host a conference call today at 10:30 am EST. The Company’s President and CEO, Mr. Guy Bourassa, will host the call discussing this morning’s announcement on the project construction update and cost to complete reassessment. The call can be accessed at the following: Webcast [...]