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Tech firm SoftBank invests in Nemaska Lithium

In another case of a technology company ensuring access to battery raw materials, SoftBank Group has agreed to invest up to C$99.1 million (US$77.6 million) in Nemaska Lithium (CN:NMX) for up to a 9.9% stake in the lithium company.

Tech firm SoftBank invests in Nemaska Lithium Tech firm SoftBank invests in Nemaska Lithium Tech firm SoftBank invests in Nemaska Lithium Tech firm SoftBank invests in Nemaska Lithium Tech firm SoftBank invests in Nemaska Lithium

The funds will be used to fund Nemaska's Whabouchi lithium project

The private placement at $1.12 per common share subscription receipt is part of Nemaska's overall project financing plans to raise US$775-825 million to fund the construction and commissioning o...