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Re: Brucebannerr post# 123718

Wednesday, 02/02/2022 3:16:03 PM

Wednesday, February 02, 2022 3:16:03 PM

Post# of 153841
Nemaska Lithium NMX-TSX the public company was privatized (fire sale) during CCAA proceedings which have now been extended to July 21, 2022, the NMX shares were removed from shareholder accounts.

Nemaska Lithium 2.0 is a private company with shares belonging to Investissement Quebec 50%, Pallinghurst (offshore tax haven) 25% and Livent 25%. No former NMX shareholders have shares of the private company in the brokerage accounts.

No private company shares can be held in brokerage accounts.

BioAmber CCAA file was complicated due to cross-border file, failed SISP, liquidation, etc. ... for very complicated you ought to look into Nemaska Lithium and Orbite Technologies CCAA files!!

To reiterate, Orbite Technologies, BioAmber, Nemaska Lithium and BioSyntech had the same PwC Monitor Christian Bourque!!

Not sure about those other stocks . But Nemaska submitted a plan to the Court to cancel their shares and issued new worthless shares that are still in accounts . And will be forever if the owner of the account does nothing with them . So I'm pretty sure the others submitted some type of plan to the Court to cancel shares . BioAmber had no plan. But if they did the same results would have happened.
Your shares are being exchanged (on a one-for-one basis for common shares of Residual Nemaska Lithium) as part of a reorganization of the Corporation and its affiliates. However, as indicated above, unfortunately there is no residual value for shareholders of Residual Nemaska Lithium in connection with the CCAA proceedings.


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