Nemaska Lithium Inc fka TSX:NMX

[UncleTaff]

LITHIUM MINE: FULL PERMIT APPROVAL EXPECTED TOMORROW!

QUEBEC, QUEBEC CITY, Jul 30, 2015 (Marketwired via COMTEX) -- Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (tsx venture:NMX)(otcqx:NMKEF) is pleased to announce that is has received a positive federal environmental assessment decision for the Whabouchi Project from the Minister of Environment of Canada. The decision is the most significant permit for mining projects in Canada and allows Nemaska Lithium to pursue project financing discussions to start mine construction. The Company is expecting the Provincial (Quebec) Government Certificate of Authorization to be issued by the end of August 2015.

Potential Tesla funding?

From NMX Corporate update:
Bourassa stated that Nemaska expects to see some funding support from the Quebec government’s Plan Nord program.
“This program was formed to, among other things, support the development of natural resources in Northern Quebec (north of the 49th parallel). A special $1-billion fund was created to take direct equity positions in companies developing projects in Quebec’s north,” Bourassa said. “Nemaska Lithium’s project is located in this territory and that is a definite positive in project financing discussions. We obviously have also initiated discussions with end users to be part of the financing structure for this project. Receiving the environmental permits will definitively help in the actual discussions.”