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Lithium investors flock to Nemaska

As has become commonplace in the Toronto equity market, Nemaska Lithium has raised more money than initially planned following a mass of institutional investor demand for the up-and-coming developer.

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Nemaska CEO Guy Bourassa (right) said the financing keeps the company on its production track

Nemaska CEO Guy Bourassa (right) said the financing keeps the company on its production track

The Quebec-based company, which was also promoted from the Venture market to the full board of the Toronto Stock Exchange, was able to raise C$69 million (US$53 million) by issuing close to 60 million...

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