April 6, 2018 / 1:08 AM / 14 days ago

BRIEF-Softbank Group To Make Strategic Investment In Nemaska Lithium

April 6 (Reuters) - Nemaska Lithium Inc:

* SOFTBANK GROUP TO MAKE STRATEGIC INVESTMENT IN NEMASKA LITHIUM

* ‍AGREEMENT WITH SOFTBANK GROUP FOR A PRIVATE PLACEMENT OF COMMON SHARE SUBSCRIPTION RECEIPTS AT A PRICE OF CAD 1.12 PER RECEIPT

* ‍SOFTBANK WILL ACQUIRE UP TO 9.9% OF CO’S OUTSTANDING COMMON SHARES AFTER GIVING EFFECT TO CONSUMMATION OF PROJECT FINANCING​

* ‍AGREEMENT FOR AGGREGATE GROSS PROCEEDS OF UP TO CAD 99.1 MILLION

* ‍SOFTBANK WILL BE ENTITLED TO ONE NOMINEE AS DIRECTOR OF NEMASKA LITHIUM Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below