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Nemaska Lithium accepts bid from Orion, IQ and

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HowardHughs Member Level  Tuesday, 08/25/20 12:28:01 PM
Re: HowardHughs post# 1079
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Nemaska Lithium accepts bid from Orion, IQ and Pallinghurst https://www.miningweekly.com/article/nemaska-lithium-accepts-bid-from-orion-iq-and-pallinghurst-2020-08-25
Based on the terms of the bid and the consideration to be received by Residual Nemaska Lithium, holders of the corporation’s common shares will not receive any payments for, or distributions on, their common shares in connection with the CCAA proceedings, nor will they hold any interest in New Nemaska Lithium following the completion of the plan of compromise or arrangement.

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