Established 1835
RESOURCE STOCKS
✕
ENERGY MINERALS

Nemaska down on raise

A C$50 million (US$37.7 million) stock issue is no small thing for a C$350 million company with little production, so maybe it’s no surprise Nemaska Lithium (CN:NMX) had to offer the shares at a discount to make the bought deal happen.

Cameron French
Frosty reception: Nemaska Lithium's discounted bought-deal raise was cold-shouldered by the market

Frosty reception: Nemaska Lithium's discounted bought-deal raise was cold-shouldered by the market

The share issue – which will go towards development of Nemaska’s Whabouchi lithium mine and Shawinigan hydromet plant in Quebec – was priced at C$1.05 a share. That represented an 11% discount to its shares...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
BASE METALS

Shhh! Copper price rise taboo

2
PRECIOUS METALS

Gold's baffling bull market

3
M&A

Plentiful buying of rare earths companies by Gina Rinehart now includes Lynas

4
BASE METALS

Copper super cycle with uncertainty

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login