Last deal

$150M

Amount

Post-IPO Equity

Stage

17.05.2020

Date

3

all rounds

$566.82M

Total amount

date founded

Financing round

General

About Company
Nemaska Lithium is a Canadian company that aims to supply lithium hydroxide and lithium carbonate to the growing lithium battery market.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2007

founders

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Nemaska Lithium is a Canadian lithium company listed on the TSX Venture under the stock symbol NMX, on the OTCXQ under the symbol NMKEF and on the Frankfurt under the symbol N0T. Nemaska Lithium intends to become a lithium hydroxide supplier and lithium carbonate supplier to the emerging lithium battery market that is largely driven by electric vehicles. The Company is located in the mining friendly jurisdiction of Quebec, Canada. Nemaska Lithium has received a notice of allowance of a main patent application on its proprietary process to produce lithium hydroxide and lithium carbonate. The company is pursuing patent protection on this process in multiple global jurisdictions. In tandem, the company is developing one of the richest spodumene hard rock lithium deposits in the world, both in volume and grade. Spodumene concentrate produced at Nemaska's future lithium mine (Whabouchi) and from other global sources will be shipped to the company's lithium hydroxide/carbonate processing plant to be located in Shawinigan, Quebec. This plant will transform spodumene concentrate into high purity lithium hydroxide and lithium carbonate for the growing lithium battery market which is driven by the increasing demand for electric vehicles and large-scale lithium battery storage. The Nemaska Whabouchi spodumene deposit, located in the Eeyou Istchee / James Bay Region of Quebec, Canada, near the Cree community of Nemaska, should have an initial lithium mine life of 26 years.
Contacts
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Financials

Funding Rounds
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3

Number of Funding Rounds

$566.82M

Money Raised

Their latest funding was raised on 17.05.2020. Their latest investor Orion Resource Partners. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
17.05.2020
1
$150M
25.05.2018
$215.88M
Local Amount - CAD 280M
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1
$77.7M
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Co-Investors
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People

Founders
1
Guy Bourassa
Guy Bourassa

Guy Bourassa

GUy Bourassa is President and CEO of Nemaska Lithium Inc. since the Company’s inception in 2008, bringing more than 30 years of experience in the mining industry to this role. Among other things he was instrumental in identifying and negotiating the acquisition of the Whabouchi lithium property and securing over $50 million through financings in the capital markets to develop the Whabouchi project.

current job

Nemaska Lithium
Nemaska Lithium

organization founded

1

Guy Bourassa

Employee Profiles
9
Gervais Jacques

Gervais Jacques

Chairman Of The Board Of Directors,

Sean Thijsse

Sean Thijsse

Joint Chief Financial Officer

Robert Beaulieu

Robert Beaulieu

Chief Operating Officer

Snezana Vidovic

Site administration and logistics coordinator

Chantal Francoeur

Chantal Francoeur

Vice President Human Resources and Organizational Development

Etienne Desgagné

Directeur des technologies de l'information

Guy Bourassa

Guy Bourassa

President & CEO

Activity

Recent News
3
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