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Nemaska reveals C$375M Whabouchi funding shortfall

Nemaska Lithium (TSX:NMX) has a C$375 million funding shortfall for the completion of its Whabouchi lithium mine and electrochemical plant development in Quebec and Ontario, Canada following a cost to complete review.

Nemaska reveals C$375M Whabouchi funding shortfall Nemaska reveals C$375M Whabouchi funding shortfall Nemaska reveals C$375M Whabouchi funding shortfall Nemaska reveals C$375M Whabouchi funding shortfall Nemaska reveals C$375M Whabouchi funding shortfall

Nemaska's Shawinigan plant in Ontario, Canada

The company's share price fell 46% in early trading to 30c, valuing it at $254 million. It is down 55% so far this year.

The review, undertaken as a requirement of the $1.