Nemaska Lithium Announces Departure from Board of Directors
Press Release
QUÉBEC CITY, May 03, 2019 — Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX: NMX) (OTCQX: NMKEF) (Frankfurt: N0T) today announced that Mr. Patrick Godin has left the board of directors after a year serving the Corporation.
“We understand and respect Patrick’s decision to leave in order to fully dedicate himself to his professional activities. I want to sincerely thank him for his contribution to the Board over the past year. His deep knowledge of our industry has been instrumental to his role as a director but also in his involvement in Board committees,” declared Michel Baril, Chairman of the Board of Nemaska Lithium.
Investissement Québec (“IQ”) had appointed Mr. Godin as its representative on the board of directors of Nemaska Lithium, in accordance with the terms of an investment agreement between its subsidiary Ressources Québec Inc. and the Corporation. IQ has already undertaken a process to nominate its new representative to the Corporation’s board of directors. The appointment shall be announced over the coming weeks.
About Nemaska Lithium
Nemaska Lithium Inc. is a developing chemical company whose activities will be vertically integrated, from spodumene mining to the commercialization of high-purity lithium hydroxide and lithium carbonate. These lithium salts are mainly destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy storage worldwide. With its products and processes, the Corporation intends to facilitate access to green energy, for the benefit of humanity.
The Corporation will be operating the Whabouchi mine in Québec, Canada, one of the richest lithium spodumene deposits in the world, both in volume and grade. The spodumene concentrate produced at the Whabouchi mine will be processed at the Shawinigan plant using a unique membrane electrolysis process for which the Corporation holds several patents.
The Corporation is a member of the S&P/TSX SmallCap Index, S&P/TSX Global Mining Index, S&P/TSX Global Base Metals Index, S&P/TSX Equal Weight Global Base Metals Index, and the MSCI Canada Small Cap Index. For more information, visit www.nemaskalithium.com or twitter.com/Nemaska Lithium.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Victor Cantore
Investor Relations
514 831-3809
victor.cantore@nemaskalithium.com
Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
Gabrielle Tellier
Media Relations
514 348-0466
gabrielle.tellier@nemaskalithium.com
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