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Thursday, April 26, 2012 5:32:41 PM
Nemaska Announces Closing of $8,000,000 Financing
QUEBEC CITY, QUEBEC, CANADA--(Marketwire - Dec. 22, 2011) -
NOT FOR DISTRIBUTION IN THE UNITED STATES
Nemaska Lithium Inc. (formerly, NEMASKA EXPLORATION INC.) (the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has closed the previously announced brokered private placement of an aggregate of 20,000,000 common shares in the capital of the Corporation (each a "Common Share" and collectively the "Common Shares"), at a price of $0.40 per Common Share for aggregate gross proceeds of $8,000,000 (the "Offering") to the Corporation.
The Offering was completed through a syndicate of agents led by Dundee Securities Ltd., and including Industrial Alliance Securities Inc., National Bank Financial Inc. and Fraser Mackenzie Limited (collectively the "Agents").
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