Nemaska

Canada Is a Global Destination for Low-Carbon Investment

Retrieved on: 
Wednesday, April 19, 2023

Canada is positioned to attract significant investment in the low-carbon sector.

Key Points: 
  • Canada is positioned to attract significant investment in the low-carbon sector.
  • Ford (NYSE: F) is also doubling down on domestic operations by collaborating with companies such as Vale Canada Ltd.
  • Therefore, Canada's potential as a global destination for low-carbon investment, particularly in the area of lithium mining and production, is likely to remain high.
  • The Honourable François-Philippe Champagne, Canada's Minister of Innovation, Science and Industry, said : “Canada is a global destination of choice for low-carbon investment.

LIVENT RELEASES SECOND QUARTER 2022 RESULTS

Retrieved on: 
Tuesday, August 2, 2022

PHILADELPHIA, Aug. 2, 2022 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today reported results for the second quarter of 2022.

Key Points: 
  • For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world.
  • Although Livent believes the expectations reflected in the forward-looking statements are reasonable, Livent cannot guarantee future results, level of activity, performance or achievements.
  • Moreover, neither Livent nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements.
  • Livent is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations.

Livent Announces Agreement to Double its Ownership Stake in Nemaska Lithium to 50 Percent

Retrieved on: 
Monday, May 2, 2022

PHILADELPHIA, May 2, 2022 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced that it has agreed to double its ownership interest to 50% in Nemaska Lithium Inc. ("Nemaska"), a fully integrated lithium hydroxide development project located in Qubec, Canada.

Key Points: 
  • PHILADELPHIA, May 2, 2022 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced that it has agreed to double its ownership interest to 50% in Nemaska Lithium Inc. ("Nemaska"), a fully integrated lithium hydroxide development project located in Qubec, Canada.
  • Following the close of the transaction, QLP will become a wholly owned subsidiary of Livent, and Livent will in turn own 50% of Nemaska through QLP.
  • "Livent is committed to the success of the Nemaska lithium project and increasing its ownership reflects this commitment," said Paul Graves, president and chief executive officer of Livent.
  • Nemaska will further strengthen Livent's global footprint and is strategically located to serve growing lithium demand in North America and Europe.

LIVENT RELEASES FOURTH QUARTER 2021 RESULTS

Retrieved on: 
Thursday, February 17, 2022

-- Strong Quarter with Full Year 2021 Results at the Top of Guidance ---- 2022 Adjusted EBITDA Guidance Almost Three-Times 2021 at the High End of Range ---- Announces New 20,000 MT Lithium Carbonate Expansion in Argentina --

Key Points: 
  • For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world.
  • Although Livent believes the expectations reflected in the forward-looking statements are reasonable, Livent cannot guarantee future results, level of activity, performance or achievements.
  • Moreover, neither Livent nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements.
  • Livent is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations.

Nouveau Monde Nominates Andrew Willis to its Board of Directors and Releases its Inaugural Annual Report

Retrieved on: 
Thursday, May 13, 2021

He is also a director of Sedibelo Platinum Mines as well as Nemaska Lithium.

Key Points: 
  • He is also a director of Sedibelo Platinum Mines as well as Nemaska Lithium.
  • At the same time, Chris Shepherd submitted his resignation as Pallinghurst nominee on the board of directors to be replaced by Andrew Willis effective today.\nArne H Frandsen, Chairman of Nouveau Monde, stated: \xe2\x80\x9cI\xe2\x80\x99d like to firstly thank Chris for his important contribution to Nouveau Monde\xe2\x80\x99s advancement over the last two years.
  • He will always be a friend of Nouveau Monde.
  • At the same time, I am delighted to be welcoming Andrew to our Board.

Nemaska Lithium Accepts a Sale Proposal from Orion Mine Finance, Investissement Québec and The Pallinghurst Group

Retrieved on: 
Monday, August 24, 2020

New Nemaska Lithium will not be a reporting issuer under applicable Canadian securities laws.

Key Points: 
  • New Nemaska Lithium will not be a reporting issuer under applicable Canadian securities laws.
  • Nemaska Lithium will seek the approval of the Bid and the Transaction contemplated therein by the Court on or about September 14, 2020.
  • Following closing of the Transaction, Nemaska Lithium expects Residual Nemaska Lithium to present a plan of compromise or arrangement to its creditors in respect of the Residual Cash and any of its residual assets to be received by Residual Nemaska Lithium.
  • Further information regarding Nemaska Lithium is available in the SEDAR database ( www.sedar.com ) and on the Corporations website at: www.nemaskalithium.com .

Monarch Gold Announces the Sale by Nemaska Lithium of 15,849,455 Monarch Gold Shares

Retrieved on: 
Friday, May 15, 2020

MONTREAL, May 15, 2020 /PRNewswire/ -MONARCH GOLD CORPORATION ("Monarch" or the"Corporation") (TSX: MQR) (OTCMKTS: MRQRF)(FRANKFURT: MR7)explains yesterday's record volume due to the sale of the 15,849,455 shares held by Nemaska Lithium in connection with its ongoing restructuring process under the Companies' Creditors Arrangement Act (CCAA) (see press release ).

Key Points: 
  • MONTREAL, May 15, 2020 /PRNewswire/ -MONARCH GOLD CORPORATION ("Monarch" or the"Corporation") (TSX: MQR) (OTCMKTS: MRQRF)(FRANKFURT: MR7)explains yesterday's record volume due to the sale of the 15,849,455 shares held by Nemaska Lithium in connection with its ongoing restructuring process under the Companies' Creditors Arrangement Act (CCAA) (see press release ).
  • Nemaska no longer holds any Monarch shares.
  • "When Nemaska began its restructuring process, we suspected that this block would be put up for sale, but we had no idea of the timing," said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch.
  • "Despite the negative short-term impact this sale has had on our share price following the announcement of major news for Monarch, we are pleased that these shares are now in stronger hands.

Nemaska Lithium Sells Its 15,849,455 Common Shares of Monarques

Retrieved on: 
Friday, May 15, 2020

MONTRAL, May 15, 2020 (GLOBE NEWSWIRE) -- With the approval of the Superior Court of Qubec, Nemaska Lithium Inc. (the Corporation) proceeded yesterday with the sale of all its 15,849,455 common shares of Monarch Gold Corporation (Monarques).

Key Points: 
  • MONTRAL, May 15, 2020 (GLOBE NEWSWIRE) -- With the approval of the Superior Court of Qubec, Nemaska Lithium Inc. (the Corporation) proceeded yesterday with the sale of all its 15,849,455 common shares of Monarch Gold Corporation (Monarques).
  • Nemaska Lithium Inc. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide.
  • Forward-looking statements contained in this press release include, without limitation, those related to, generally, the above About Nemaska Lithium paragraph which essentially describes the Corporations outlook.
  • Further information regarding Nemaska Lithium is available in the SEDAR database ( www.sedar.com ) and on the Corporations website at: www.nemaskalithium.com .

Important Change in Management at Nemaska Lithium

Retrieved on: 
Thursday, February 20, 2020

The Board of Directors of Nemaska Lithium is announcing the departure of the President and CEO, Mr.

Key Points: 
  • The Board of Directors of Nemaska Lithium is announcing the departure of the President and CEO, Mr.
  • On behalf of the Board of Directors, I would like to thank Mr. Bourassa for the many years he devoted to helping build Nemaska Lithium.
  • Nemaska Lithium is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide.
  • Further information regarding Nemaska Lithium is available in the SEDAR database (www.sedar.com) and on the Corporations website at: www.nemaskalithium.com.

Nemaska Lithium Progresses in its Restructuring Efforts Under the CCAA

Retrieved on: 
Wednesday, January 29, 2020

The SISP procedures will commence on February 28, 2020 with the transmission of a teaser letter to potentially interested parties.

Key Points: 
  • The SISP procedures will commence on February 28, 2020 with the transmission of a teaser letter to potentially interested parties.
  • Potential interested parties wishing to obtain more information on the SISP procedures may consult the Monitors website: https://www.pwc.com/ca/en/services/insolvency-assignments/nemaska-lithiu... .
  • Nemaska Lithium Inc. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide.
  • Further information regarding Nemaska Lithium is available in the SEDAR database ( www.sedar.com ) and on the Corporations website at: www.nemaskalithium.com .