Nemaska Lithium Announces the Date and Place of the Annual General and Special Meeting of Shareholders
QUÉBEC CITY, QUÉBEC–( Dec. 22, 2017) – Nemaska Lithium Inc. (“Nemaska” or the “Corporation”) (TSX:NMX)(OTCQX:NMKEF)(FRANKFURT:N0T) is pleased to announce that its Board of Directors convenes the annual general and special meeting of shareholders (the “Meeting”) to be held in Québec City, on Friday, February 16, 2018 at 10:00 a.m.
The record date for notice of the Meeting for voting and beneficial ownership determination was set on Wednesday, January 10, 2018.
The Corporation elected to postpone the date of its annual meeting as there are ongoing negotiations with potential investors or/and strategic investors for the financing of its Whabouchi Mine and Shawinigan Plant, and as potential investments could result with the emergence of a control person which might trigger the obligation that the transaction be approved by the shareholders.
Nemaska Lithium is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide and lithium carbonate. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy storage worldwide. With its products and processes, Nemaska Lithium intends to facilitate access to green energy, for the benefit of humanity.
The Company will be operating the Whabouchi mine in Québec, Canada, one of the richest lithium spodumene deposits in the world, both in volume and grade. The spodumene concentrate produced at the Whabouchi mine will be processed at its hydrometallurgical plant in Shawinigan using a unique membrane electrolysis process for which the Company holds several patents.
Nemaska Lithium is a member of the S&P/TSX SmallCap Index, S&P/TSX Global Mining Index, S&P/TSX Global Base Metals Index, S&P/TSX Equal Weight Global Base Metals Index, and the MSCI Canada Small Cap Index. For more information, visit nemaskalithium.com or twitter.com/Nemaska_Lithium.
Further information regarding Nemaska Lithium is available in the SEDAR database (www.sedar.com) and on the Corporation’s website at: www.nemaskalithium.com.