|Nemaska Lithium Inc. - NMX.V is focused on the flagship Whabouchi mine in Quebec.|
The Whabouchi property is located about 300 km from Chibougamau. The Feasibility Study encompasses a combined open pit and underground lithium mine plan that projects a mine life of 26 years.
NMX chart by TradingView
Nemaska Lithium Inc. has entered into an agreement with National Bank Financial Inc., BMO Capital Markets and Cantor Fitzgerald Canada Corp. as co-lead underwriters and joint bookrunners, on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase on a bought deal basis 280 million common shares of the corporation at a price of $1 per share for gross proceeds of $280-million.