Nemaska Expl Inc (NMKEF) 1.1004 $NMKEF
Nemaska Lithium Achieves Milestone for Ressources Quebec CDN$5M and JMBM CDN$6M Payment Installments for Phase 1 Plant
Marketwire Canada - Tue Jun 14, 5:30AM CDT
QUEBEC CITY, QUEBEC--(Marketwired - Jun 14, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce that it has reached a key milestone for the Phase 1 Plant project. The City of Shawinigan has obtained the zoning approval necessary for permitting the site that will house Nemaska Lithium's Phase 1 Plant and the future Commercial Hydromet Plant. With the completion of this milestone Nemaska Lithium has received the second $5M tranche from Ressources Québec Inc., a subsidiary of Investissement Québec, acting as a mandatary for the government of Québec. In addition, the Corporation has received the first installment of $6M from Johnson Matthey Battery Materials (JMBM).
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Refiles Feasibility Study to Reflect Minor Oversights
Marketwired - Wed Jun 08, 10:54PM CDT
QUEBEC CITY, QUEBEC--(Marketwired - Jun 8, 2016) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation" (TSX VENTURE:NMX)(OTCQX:NMKEF) announced that it has refiled, on Sedar, its 2016 Feasibility Study on the Whabouchi Mine and Concentrator and Hydromet Plant to reflect clerical data entry errors in certain text and tables. The financial model for the report, including the Feasibility Study Highlights that were released on April 4, 2016, were not impacted by the corrections. In addition one of the 14 independent Qualified Persons that authored the report has been replaced as a result of such individual not meeting the definition of "independent" as set out in National Instrument 43-101 Standards of Disclosure for Mineral Projects.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Receives Canadian Patent for its Lithium Hydroxide and Lithium Carbonate Process and a Notice of Allowance for the Corresponding Patent Application in the United States
Marketwire Canada - Wed Jun 01, 8:16AM CDT
QUEBEC CITY, QUEBEC--(Marketwired - Jun 1, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation" (TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce that it has obtained issuance of Canadian Patent No. 2,874,917 that describes its proprietary process of preparing lithium hydroxide and lithium carbonate from spodumene sources using membrane electrolysis. Nemaska has also received a notice of allowance for the corresponding patent application (No. 14/404,466) in the United States.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Receives First $5M Tranche from Ressources Quebec Inc. for Phase 1 Lithium Hydroxide Plant
Marketwired - Tue May 24, 1:01PM CDT
QUEBEC CITY, QUEBEC--(Marketwired - May 24, 2016) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation" (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has received the first $5M tranche from Ressources Québec Inc., a subsidiary of Investissement Québec,, acting as a mandatary for the government of Québec. The private placement with Ressources Québec totalling $10M was announced on March 11, 2016 and was held in escrow until the closing of the Johnson Matthew Battery Materials transaction (announced on May 11, 2016). The remaining balance of $5M is being held in escrow and will be released to Nemaska Lithium upon achievement of certain project milestones for the Phase 1 Plant.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium and Johnson Matthey Battery Materials Sign Definitive Agreement for the $12M Up-Front Payment for the Phase 1 Plant and Signs Commercial Offtake Agreement for Lithium Salts
Marketwire Canada - Wed May 11, 5:31AM CDT
QUEBEC, QUEBEC--(Marketwired - May 11, 2016) - Nemaska Lithium Inc. and its wholly owned subsidiaries ("Nemaska Lithium" or the "Corporation" (TSX VENTURE:NMX)(OTCX:NMKEF) and Johnson Matthey Battery Materials Ltd (JMBM) of Candiac, Quebec, a wholly owned subsidiary of Johnson Matthey Plc (LSE:JMAT) (www.matthey.com) announced today the signing of the final agreements contemplated in the collaboration, financial support and lithium salt supply MOU previously announced in the press release dated November 19, 2015. A first agreement (the deposit agreement) contemplates an up-front payment of CDN$12M by JMBM in exchange for services and products of the same value from the Nemaska Lithium Phase 1 Plant. At completion, the total amount of $12M will be deposited in an escrow account and will be disbursed to Nemaska Lithium according to certain milestones.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Completes Acquisition of Shawinigan Facilities, Quebec
Marketwired - Tue May 10, 10:38AM CDT
QUEBEC CITY, QUEBEC--(Marketwired - May 10, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation" (TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce the closing of the purchase agreement with Société de développement Shawinigan for the part of the land and the selected existing buildings (the "Shawinigan Site" of the former Resolute Forest Products' Laurentide plant in Shawinigan, Quebec. The Shawinigan Site will house Nemaska Lithium's Phase 1 Plant and the future Commercial Hydromet Plant that will convert spodumene concentrate into high purity lithium hydroxide and lithium carbonate. The purchase price of $2M is to be paid in two instalments, a first tranche of $300,000 and a second tranche of $1.7M. The first tranche was put in escrow at the signature of the purchase agreement and should be released once the Corporation receives the construction permit for the Phase 1 Plant. The second tranche will be paid closer to the construction start date of the Commercial Hydromet Plant, once the construction permits are obtained.
RFP: 5.12 (+0.18), NMX.VN: 1.420 (-0.040)
Nemaska Lithium Buys Modular Mill to Produce Lithium Concentrate from Whabouchi Bulk Sample-6% Li2O Spodumene Concentrate to Feed Phase 1 Lithium Hydroxide Plant
Marketwired - Fri Apr 29, 4:21PM CDT
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation" (TSX VENTURE: NMX)(OTCQX: NMKEF) announces that it has purchased a new self-contained dense media separation (DMS) portable mill to be located at the Whabouchi mine site. The portable and modular mill, with a processing capacity of 10 t/hour, will be used to process a mine-representative bulk sample of about 29,000 t from the Whabouchi lithium mine during the summer and fall of 2016. The plant will be used to produce a 6% Li2O spodumene concentrate that will feed the Phase 1 lithium hydroxide plant which the Company intends to build in Shawinigan, Quebec. The mill is a self-contained unit which includes its own generators, lab, work station and change rooms. In addition to producing a concentrate for the Phase 1 Plant, the mill will also serve as a training facility for the local Cree workforce wishing to gain experience and training to become mill operators; a skill set which will be needed once the mine is built and in full commercial production.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Whabouchi Updated Feasibility Study Shows a Pre-Tax NPV at 8% Discount Rate of $1.9 B (After-Tax $1.16
and a Pre-Tax IRR of 37.7% (After-Tax 30.3%)
Marketwired - Mon Apr 04, 10:00AM CDT
Nemaska Lithium Inc. ("Nemaska" or the "Corporation" (TSX VENTURE: NMX)(OTCQX: NMKEF) announces the results of an update to its May 2014 Feasibility Study (2016 updated Feasibility Study) on the Whabouchi Mine and Concentrator to be located in the Eeyou Istchee James Bay territory in Quebec and the Hydromet Plant to be located in Shawinigan, Quebec. A conference call on the 2016 updated Feasibility Study will be held on Monday, April 4th, 2016 at 2pm Eastern Time. Conference call details are found at the end of this press release.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Presents at 28th Annual ROTH Capital Conference on March 16, 2016
Marketwired - Fri Mar 11, 8:20AM CST
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation" (TSX VENTURE: NMX)(OTCQX: NMKEF) has been invited to present at the 28th Annual ROTH Capital Partners Conference, which is being held March 14-16, 2016 at The Ritz-Carlton, Laguna Niguel in Dana Point, California.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Provides Update on Phase 1 Lithium Hydroxide Plant Construction Schedule
Marketwired - Tue Feb 02, 5:31AM CST
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation" (TSX VENTURE: NMX)(OTCQX: NMKEF) is pleased to provide a general update on its Phase 1 Lithium Hydroxide Plant. The Phase 1 Plant is designed to produce 500 tonnes per year of high purity lithium hydroxide. Construction of the Phase 1 Plant is expected to start during Q1-2016 and be completed during Q4-2016. On this matter, the City of Shawinigan will complete shortly the re-zoning process required to allow the Corporation to operate the Phase 1 and Commercial Hydromet plants at this location.
NMX.VN: 1.420 (-0.040)
Nemaska Lithium Receives First Installment of $2.1 Million from Sustainable Development Technology Canada for Phase 1 Lithium Hydroxide Plant
Marketwired - Tue Feb 02, 5:01AM CST
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation" (TSX VENTURE: NMX)(OTCQX: NMKEF) confirms the signing of the final contract for the $12.87 M non-repayable grant for construction and operation of its Phase 1 Lithium hydromet plant. Concurrently with the signing of the agreement with Sustainable Development Technology Canada (SDTC), the Corporation has received the first installment of $2.1M.
NMX.VN: 1.420 (-0.040)
Dundee Capital Markets' David Talbot Interviewed by The Energy Report
Marketwired - Thu Jan 07, 8:02AM CST
David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices. Nuclear energy is part of a growing trend away from fossil fuels toward green energy and things like lithium-ion batteries for cars and energy storage. Talbot explains that lithium demand is expected to grow even faster than uranium demand, and the market is already undergoing a supply deficit. In this interview with The Energy Report, he offers his top picks in the uranium and lithium spaces, as well as a graphite name, all poised to ride the green energy trend higher.
LLG.VN: 0.700 (unch), FCU.TO: 0.71 (+0.01), UEX.TO: 0.24 (+0.01), NMX.VN: 1.420 (-0.040), FCU.TO: 0.71 (+0.01)
Nemaska Lithium Achieves Milestone for Ressources Quebec CDN$5M and JMBM CDN$6M Payment Installments for Phase 1 Plant
Marketwire Canada - Tue Jun 14, 5:30AM CDT
QUEBEC CITY, QUEBEC--(Marketwired - Jun 14, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce that it has reached a key milestone for the Phase 1 Plant project. The City of Shawinigan has obtained the zoning approval necessary for permitting the site that will house Nemaska Lithium's Phase 1 Plant and the future Commercial Hydromet Plant. With the completion of this milestone Nemaska Lithium has received the second $5M tranche from Ressources Québec Inc., a subsidiary of Investissement Québec, acting as a mandatary for the government of Québec. In addition, the Corporation has received the first installment of $6M from Johnson Matthey Battery Materials (JMBM). NMX.VN: 1.420 (-0.040)
Nemaska Lithium Refiles Feasibility Study to Reflect Minor Oversights
Marketwired - Wed Jun 08, 10:54PM CDT
QUEBEC CITY, QUEBEC--(Marketwired - Jun 8, 2016) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation"
(TSX VENTURE:NMX)(OTCQX:NMKEF) announced that it has refiled, on Sedar, its 2016 Feasibility Study on the Whabouchi Mine and Concentrator and Hydromet Plant to reflect clerical data entry errors in certain text and tables. The financial model for the report, including the Feasibility Study Highlights that were released on April 4, 2016, were not impacted by the corrections. In addition one of the 14 independent Qualified Persons that authored the report has been replaced as a result of such individual not meeting the definition of "independent" as set out in National Instrument 43-101 Standards of Disclosure for Mineral Projects. NMX.VN: 1.420 (-0.040)
Nemaska Lithium Receives Canadian Patent for its Lithium Hydroxide and Lithium Carbonate Process and a Notice of Allowance for the Corresponding Patent Application in the United States
Marketwire Canada - Wed Jun 01, 8:16AM CDT
QUEBEC CITY, QUEBEC--(Marketwired - Jun 1, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce that it has obtained issuance of Canadian Patent No. 2,874,917 that describes its proprietary process of preparing lithium hydroxide and lithium carbonate from spodumene sources using membrane electrolysis. Nemaska has also received a notice of allowance for the corresponding patent application (No. 14/404,466) in the United States. NMX.VN: 1.420 (-0.040)
Nemaska Lithium Receives First $5M Tranche from Ressources Quebec Inc. for Phase 1 Lithium Hydroxide Plant
Marketwired - Tue May 24, 1:01PM CDT
QUEBEC CITY, QUEBEC--(Marketwired - May 24, 2016) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation"
(TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has received the first $5M tranche from Ressources Québec Inc., a subsidiary of Investissement Québec,, acting as a mandatary for the government of Québec. The private placement with Ressources Québec totalling $10M was announced on March 11, 2016 and was held in escrow until the closing of the Johnson Matthew Battery Materials transaction (announced on May 11, 2016). The remaining balance of $5M is being held in escrow and will be released to Nemaska Lithium upon achievement of certain project milestones for the Phase 1 Plant. NMX.VN: 1.420 (-0.040)
Nemaska Lithium and Johnson Matthey Battery Materials Sign Definitive Agreement for the $12M Up-Front Payment for the Phase 1 Plant and Signs Commercial Offtake Agreement for Lithium Salts
Marketwire Canada - Wed May 11, 5:31AM CDT
QUEBEC, QUEBEC--(Marketwired - May 11, 2016) - Nemaska Lithium Inc. and its wholly owned subsidiaries ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE:NMX)(OTCX:NMKEF) and Johnson Matthey Battery Materials Ltd (JMBM) of Candiac, Quebec, a wholly owned subsidiary of Johnson Matthey Plc (LSE:JMAT) (www.matthey.com) announced today the signing of the final agreements contemplated in the collaboration, financial support and lithium salt supply MOU previously announced in the press release dated November 19, 2015. A first agreement (the deposit agreement) contemplates an up-front payment of CDN$12M by JMBM in exchange for services and products of the same value from the Nemaska Lithium Phase 1 Plant. At completion, the total amount of $12M will be deposited in an escrow account and will be disbursed to Nemaska Lithium according to certain milestones. NMX.VN: 1.420 (-0.040)
Nemaska Lithium Completes Acquisition of Shawinigan Facilities, Quebec
Marketwired - Tue May 10, 10:38AM CDT
QUEBEC CITY, QUEBEC--(Marketwired - May 10, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE:NMX) (OTCQX:NMKEF) is pleased to announce the closing of the purchase agreement with Société de développement Shawinigan for the part of the land and the selected existing buildings (the "Shawinigan Site" of the former Resolute Forest Products' Laurentide plant in Shawinigan, Quebec. The Shawinigan Site will house Nemaska Lithium's Phase 1 Plant and the future Commercial Hydromet Plant that will convert spodumene concentrate into high purity lithium hydroxide and lithium carbonate. The purchase price of $2M is to be paid in two instalments, a first tranche of $300,000 and a second tranche of $1.7M. The first tranche was put in escrow at the signature of the purchase agreement and should be released once the Corporation receives the construction permit for the Phase 1 Plant. The second tranche will be paid closer to the construction start date of the Commercial Hydromet Plant, once the construction permits are obtained. RFP: 5.12 (+0.18), NMX.VN: 1.420 (-0.040)
Nemaska Lithium Buys Modular Mill to Produce Lithium Concentrate from Whabouchi Bulk Sample-6% Li2O Spodumene Concentrate to Feed Phase 1 Lithium Hydroxide Plant
Marketwired - Fri Apr 29, 4:21PM CDT
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE: NMX)(OTCQX: NMKEF) announces that it has purchased a new self-contained dense media separation (DMS) portable mill to be located at the Whabouchi mine site. The portable and modular mill, with a processing capacity of 10 t/hour, will be used to process a mine-representative bulk sample of about 29,000 t from the Whabouchi lithium mine during the summer and fall of 2016. The plant will be used to produce a 6% Li2O spodumene concentrate that will feed the Phase 1 lithium hydroxide plant which the Company intends to build in Shawinigan, Quebec. The mill is a self-contained unit which includes its own generators, lab, work station and change rooms. In addition to producing a concentrate for the Phase 1 Plant, the mill will also serve as a training facility for the local Cree workforce wishing to gain experience and training to become mill operators; a skill set which will be needed once the mine is built and in full commercial production. NMX.VN: 1.420 (-0.040)
Nemaska Lithium Whabouchi Updated Feasibility Study Shows a Pre-Tax NPV at 8% Discount Rate of $1.9 B (After-Tax $1.16
and a Pre-Tax IRR of 37.7% (After-Tax 30.3%) Marketwired - Mon Apr 04, 10:00AM CDT
Nemaska Lithium Inc. ("Nemaska" or the "Corporation"
(TSX VENTURE: NMX)(OTCQX: NMKEF) announces the results of an update to its May 2014 Feasibility Study (2016 updated Feasibility Study) on the Whabouchi Mine and Concentrator to be located in the Eeyou Istchee James Bay territory in Quebec and the Hydromet Plant to be located in Shawinigan, Quebec. A conference call on the 2016 updated Feasibility Study will be held on Monday, April 4th, 2016 at 2pm Eastern Time. Conference call details are found at the end of this press release. NMX.VN: 1.420 (-0.040)
Nemaska Lithium Presents at 28th Annual ROTH Capital Conference on March 16, 2016
Marketwired - Fri Mar 11, 8:20AM CST
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE: NMX)(OTCQX: NMKEF) has been invited to present at the 28th Annual ROTH Capital Partners Conference, which is being held March 14-16, 2016 at The Ritz-Carlton, Laguna Niguel in Dana Point, California. NMX.VN: 1.420 (-0.040)
Nemaska Lithium Provides Update on Phase 1 Lithium Hydroxide Plant Construction Schedule
Marketwired - Tue Feb 02, 5:31AM CST
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE: NMX)(OTCQX: NMKEF) is pleased to provide a general update on its Phase 1 Lithium Hydroxide Plant. The Phase 1 Plant is designed to produce 500 tonnes per year of high purity lithium hydroxide. Construction of the Phase 1 Plant is expected to start during Q1-2016 and be completed during Q4-2016. On this matter, the City of Shawinigan will complete shortly the re-zoning process required to allow the Corporation to operate the Phase 1 and Commercial Hydromet plants at this location. NMX.VN: 1.420 (-0.040)
Nemaska Lithium Receives First Installment of $2.1 Million from Sustainable Development Technology Canada for Phase 1 Lithium Hydroxide Plant
Marketwired - Tue Feb 02, 5:01AM CST
Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation"
(TSX VENTURE: NMX)(OTCQX: NMKEF) confirms the signing of the final contract for the $12.87 M non-repayable grant for construction and operation of its Phase 1 Lithium hydromet plant. Concurrently with the signing of the agreement with Sustainable Development Technology Canada (SDTC), the Corporation has received the first installment of $2.1M. NMX.VN: 1.420 (-0.040)
Dundee Capital Markets' David Talbot Interviewed by The Energy Report
Marketwired - Thu Jan 07, 8:02AM CST
David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices. Nuclear energy is part of a growing trend away from fossil fuels toward green energy and things like lithium-ion batteries for cars and energy storage. Talbot explains that lithium demand is expected to grow even faster than uranium demand, and the market is already undergoing a supply deficit. In this interview with The Energy Report, he offers his top picks in the uranium and lithium spaces, as well as a graphite name, all poised to ride the green energy trend higher.
LLG.VN: 0.700 (unch), FCU.TO: 0.71 (+0.01), UEX.TO: 0.24 (+0.01), NMX.VN: 1.420 (-0.040), FCU.TO: 0.71 (+0.01)
