Nemaska Lithium completes $150M Streaming deal with Orion

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/