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Nemaska finds final piece in finance puzzle

Nemaska Lithium (TSX: NMX) has announced a C$360 million (US$277 million) equity raising, the “last piece” of finance required to start commercial development of its Whabouchi lithium mine in Quebec.

Nemaska finds final piece in finance puzzle Nemaska finds final piece in finance puzzle Nemaska finds final piece in finance puzzle Nemaska finds final piece in finance puzzle Nemaska finds final piece in finance puzzle

Developer on track

The company announced a C$280 million bought deal placement and simultaneous private placement with an un-named "institutional investor" to raise C$80 million, with both offerings at $1 per share.

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