Nemaska Lithium Completes COMEX Public Hearings for Whabouchi
Press Releases
April 02, 2015
QUEBEC, QUEBEC–(April 2, 2015) – Nemaska Lithium Inc. («Nemaska» or the «Corporation») (TSX VENTURE:NMX) (OTCQX:NMKEF) announces that the Quebec Review Committee (Review Committee or COMEX) has held its public hearings on the Nemaska Lithium Whabouchi Mine Project on March 30 and 31st, 2015 in the Cree Community of Nemaska and on April 1, 2015 in Chibougamau, Quebec. During these hearings the COMEX heard the local residents’ views on the project’s environmental and social impacts. The COMEX consultations were the final step before making the recommendation to the Minister of Sustainable Development, Environment and The Fight Against Climate Change to issue the general certificate of authorization required to build and operate the Whabouchi Mine.
“We are extremely proud to have completed this last crucial step in the development of the Whabouchi project, commented Guy Bourassa, President and CEO. We now expect that the decision relating to the granting of the general certificate of authorization will be made during the summer of 2015. This mine will create about 185 jobs in the region. We are planning training programs in preparation for operation start-up. As we have mentioned at numerous occasions, our goal for this mining project is to create a maximum of jobs and business opportunities for the Crees, in particular the Crees of Nemaska, as well as for the Chibougamau-Chapais region.”
About Nemaska Lithium
Nemaska Lithium intends to become a major lithium hydroxide and carbonate producer, mainly for the growing lithium battery markets. The Corporation is developing in Quebec one of the most important spodumene lithium hard rock deposit in the world, both in volume and grade. The spodumene concentrate produced at Nemaska Lithium’s Whabouchi mine will be shipped to the Corporation’s lithium compounds processing plant to be built in Salaberry-de-Valleyfield, Quebec. This plant will transform spodumene concentrate into high purity lithium hydroxide and carbonate using the proprietary methods developed by the Corporation, and for which patent applications have been filed.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The statements herein that are not historical facts are forward‐looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties. Actual results could differ from those currently projected. The Corporation does not assume the obligation to update any forward‐looking statement.
www.nemaskalithium.com
FOR FURTHER INFORMATION PLEASE CONTACT:
Mr. Guy Bourassa
President and Chief Executive Officer
418 704-6038
info@nemaskalithium.com
Mrs. Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
Mr. Victor Cantore
Investor Relations
514 831-3809
victor.cantore@nemaskalithium.com
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