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Camp chatter

Nemaska Lithium completes $150M Streaming deal with Orion

4/16/2018

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Quebec lithium mining company Nemaska announced closing of the deal which provides financing structure to fund the construction, commissioning, working capital and reserve funds for its Whabouchi lithium mine and Shawinigan electrochemical plant (the "Project Financing") and also for general corporate working capital.
"We have made solid progress in our project financing endeavours over the past couple of weeks, firstly with a private placement with SoftBank, a global technology leader, and now with the signing of this agreement with Orion, a leading and well-regarded financier in the mining industry," said Guy Bourassa, President & C.E.O. of Nemaska Lithium. "This Streaming Agreement is a financing tool which limits shareholder dilution, lowers Nemaska Lithium's cost of capital, and is under terms which are both competitive and flexible," Bourassa continued.

​http://www.nemaskalithium.com/en/investors/press-releases/2018/f944ecce-8039-4c9b-a343-4a871ff7a6c3/
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  • About
  • Drillbits
  • Core Shack
  • Camp Chatter
  • Made the Grade
    • Goldstrike Resources
    • Juggernaut Resources
    • Goliath Resources
  • Prospectors Corner
    • The Model
    • Quality Targets >
      • Skeena Resources
      • Auryn Resources
      • Tudor Gold
      • K2 Gold Corp
      • Brixton Metals
      • Amarc Resources
      • Atac Resources
      • Pure Gold Resources
      • San Marco Resources
      • TerraX Minerals
      • Torq Resources
      • Bell Copper
      • Moneta Porcupine Mines
    • Commodities >
      • World Wide Precious Metals
  • Contact
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