Nemaska Expl. Die günstigste Li2O Aktie der Welt?
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| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Feb 17/12 | Feb 13/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $0.385 |
| Feb 17/12 | Feb 13/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 21,000 | $0.400 |
| Feb 17/12 | Feb 13/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $0.380 |
| Feb 13/12 | Feb 3/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $0.360 |
| Feb 5/12 | Feb 1/12 | Cantore, Victor | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $0.375 |
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March 19, 2012 08:47 ET
Nemaska Lithium Produces High Purity Lithium Hydroxide from Innovative Chemical Transformation Process
- Announces Full Metallurgical Results -
QUÉBEC, CANADA--(Marketwire - March 19, 2012) - Nemaska Lithium Inc. ("Nemaska" or "the Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce the results from a multiple-phase pilot program performed at SGS Lakefield on a 58 tonne bulk sample taken from the Whabouchi lithium project. The program included single and multi-stage dense media separation (DMS), flotation, pyrometallurgy, and hydrometallurgy.
The objectives were:
- to produce both spodumene concentrate product and battery-grade lithium chemicals (hydroxide and carbonate) to specifications for evaluation by potential customers.
- to achieve a 6% Li2O spodumene concentrate for determining the feasibility of a stand-alone commercial concentrate production project.
Hydrometallurgy
Approximately 3 tonnes of combined DMS and flotation concentrate was calcined and acid-baked in a pilot plant kiln at FEECO International in Green Bay, Wisconsin for use as feed into a hydrometallurgical pilot plant at SGS Lakefield.
The hydrometallurgical pilot plant program demonstrated innovative departures from the standard flow sheet. High purity lithium hydroxide was produced directly from lithium sulphate. This process requires no reagent chemicals resulting in significant savings on the purchase of caustic soda that would be required with the traditional process. In addition, the process eliminates the evaporation, handling and disposal of sodium sulphate that would be produced in the traditional process. Capital costs of associated equipment are also saved. This completes the first phase of the hydrometallurgical pilot plant program. Lithium hydroxide samples have been sent to potential clients.
A laboratory scale process was successful in producing battery-grade lithium carbonate directly from the high purity lithium hydroxide produced in the first phase pilot plant. This innovative process does away with the need for expensive sodium carbonate (soda ash).
Mr. Guy Bourassa, President and CEO of Nemaska, commented: "We believe this is a ground breaking achievement in the chemical transformation of spodumene concentrate into battery grade lithium hydroxide. This is a value added product and, given the successful results to date, the company is currently evaluating the feasibility of building a lithium chemicals complex in the Province of Québec and becoming a producer of lithium hydroxide and lithium carbonate. Presently the market for lithium hydroxide is expanding and the current world production capacity will not meet the expected increase in demand. It is important to note that lithium hydroxide is a premium product that sells for approximately $6,300 a tonne versus $5,300 a tonne for lithium carbonate and we have demonstrated that we can produce hydroxide at a lower cost. Furthermore, there is a limited number of hydroxide producers and clients are looking for an additional reliable source of supply as the demand continues to grow. Nemaska believes its production will be timed to meet the increase in demand as well as provide a reliable alternative source."
Spodumene concentrate
Spodumene concentrate was produced using a combination of DMS plus flotation pilot plant and an all-flotation option.
The study revealed the best flow sheet process was the DMS-flotation combination which yielded an average 6.3% Li2 O concentrate with more than 80% recovery. It should be noted that locked-cycle flotation tests on a blasted sample and a mine-representative composite yielded 6.5% Li2O concentrates with an 89% and 85% recovery respectively. A full plant scale recovery of up to 85% Li2O is thought to be possible.
The final process is still under review but will be included in the Definitive Feasibility Study on the production of spodumene concentrate presently being drafted by BBA Inc.
The technical information in this press release has been prepared by Gary Pearse, P. Eng., Geo. qualified person as defined in National Instrument 43-101.
About Nemaska
Nemaska Lithium is an exploration and development company involved in the James Bay region of Quebec. Nemaska intends to concentrate on the development of its Whabouchi lithium deposit and to conduct exploration work on its 100% owned Sirmac lithium project. The Whabouchi deposit is easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km) and is located near the Cree community of Nemaska and the Némiscau airport. Nemaska also owns 47.2% of its subsidiary Monarques Resources Inc. (TSX VENTURE:MQR).
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.
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.
http://www.marketwire.com/press-release/...sx-venture-nmx-1633109.htm
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Wertpapier:
Nemaska Lithium
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QUEBEC CITY, CANADA -- (Marketwire) -- 03/26/12 -- Nemaska Lithium Inc. ("Nemaska" or "the Corporation") (TSX VENTURE: NMX)(OTCQX: NMKEF) is pleased to announce that Nemaska shares are now listed as "valid shares" on the list of the Autorite des marches financiers.
The Quebec Stock Savings Plan II gives qualified corporations better access to capital markets by enabling individuals who reside in Quebec to deduct the adjusted cost of a qualifying share. The program is primarily intended to increase the demand for newly issued shares of small businesses.
Nemaska announces that the number of Directors has been increased to 7 and that Mr. Gordon Gao has joined the Board of Directors. Mr. Gao is Vice President of TQC Equipment Inc. (TQCE), the Canadian subsidiary of Chengdu Tianqi Industry Group Co., Ltd. Mr. Gao is based in Laval, Quebec, where he has been working since 2010. Before joining TQCE in 2009, he worked as an international business manager of Chengdu Enwei Group Co., Ltd. (2002-2009), which is specialized in medicine and health products. From 2000 to 2002, he worked in international trade department of Sichuan Leshan Zhengjing Leather Products Co., Ltd. Mr. Gordon Gao holds a Bachelor degree of Economics of East China Normal University, Shanghai, China (2000).
About Nemaska
Nemaska Lithium is an exploration and development company involved in the James Bay region of Quebec. Nemaska intends to concentrate on the development of its Whabouchi lithium deposit and to conduct exploration work on its 100% owned Sirmac lithium project. The Whabouchi deposit is easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km) and is located near the Cree community of Nemaska and the Nemiscau airport. Nemaska also owns 47.2% of its subsidiary Monarques Resources Inc. (TSX VENTURE: MQR).
The link hereby provided is a BTV interview of Mr. Guy Bourassa, President and Chief Executive Officer, as of March 12, 2012 of our Whabouchi Resources video: http://www.b-tv.com/i/videos/NemaskaLithiumUpdateMar12.wmv
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.
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.
Contacts:
Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
Victor Cantore
Investor Relations
514 831-3809
Victor.cantore@nemaskalithium.com
Guy Bourassa
President
418 704 6038
info@nemaskalithium.com
www.nemaskalithium.com
www.premiumpresse.de/...d-nomination-of-a-new-director-PR1759233.html
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gruß black.jack
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Wertpapier:
Nemaska Lithium
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legen kaufen weiter aber auch ein verkauf dabei.
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Apr 10/12 | Apr 9/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 2,500 | $0.385 |
| Apr 10/12 | Apr 9/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $0.390 |
| Apr 2/12 | Apr 2/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 8,000 | $0.390 |
| Apr 2/12 | Mar 30/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 9,000 | $0.380 |
| Mar 27/12 | Mar 26/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 8,000 | $0.400 |
| Mar 27/12 | Mar 26/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 1,000 | $0.405 |
| Mar 27/12 | Mar 23/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 600 | $0.400 |
| Mar 12/12 | Mar 5/12 | Bourassa, Guy Georges | Direct Ownership | Common Shares | 10 - Disposition in the public market | -20,000 | $0.415 |
| Feb 26/12 | Feb 22/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 4,000 | $0.395 |
| Feb 26/12 | Feb 22/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 8,000 | $0.400 |
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laut hompage waren sie gestern auf roadshow.
NEMASKA LITHIUM Inc. presents at
du PASQUIER Natural Resources Symposium in Paris
on APRIL 12, 2012
www.nemaskalithium.com/documents/images/events/...site-web-nmx-en.pdf
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| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Apr 18/12 | Apr 18/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 3,000 | $0.395 |
| Apr 18/12 | Apr 11/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $0.390 |
| Apr 18/12 | Apr 11/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 2,500 | $0.385 |
| Apr 18/12 | Apr 11/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 3,000 | $0.400 |
| Apr 18/12 | Apr 11/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 3,000 | $0.395 |
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Nemaska Lithium Commissions PEA for Lithium Hydroxide Plant in Quebec
QUEBEC CITY, CANADA--(Marketwire - April 26, 2012) - Nemaska Lithium Inc. ("Nemaska" or "the Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce the commissioning of a Preliminary Economic Assessment (PEA) for the development of a lithium chemical complex in the Province of Quebec. The Corporation's decision to proceed with the PEA is based on the positive results of its multi-phase pilot program for the chemical transformation of spodumene concentrate to battery grade lithium hydroxide and lithium carbonate, as described in the March 19th press release. This second phase transformation facility is fundamental to Nemaska's strategy of meeting the ever-increasing demand for lithium hydroxide, a premium product required by international battery markets.
"Nemaska's strategy is to position the Corporation to become a world leading producer of lithium hydroxide for batteries, and to maximize value for our shareholders as well as for Quebec-based communities," said Guy Bourassa, President and Chief Executive Officer of Nemaska. "Quebec will be home to the only facility outside of China capable of achieving this value-added transformation and availing international buyers, specifically North American and European customers, to this premium product."
Technical support from our strategic partner Chengdu Tianqi Industry Group/Tianqi Lithium will facilitate the implementation of this unique process as well as assist with the development of highly competent local engineers. The Corporation remains confident that it will meet its previously announced timeline to put the Whabouchi deposit into production and begin producing a spodumene concentrate by the fourth quarter of 2013. The construction of the lithium hydroxide processing facility is scheduled to be completed in 2014.
Nemaska has selected Met-chem Canada Inc. to carry out the PEA study, with results expected for publication in the third quarter 2012. The PEA will contemplate the refining metallurgical processing facilities to transform spodumene concentrate into lithium hydroxide and carbonate as well as the capital expenditures associated with the construction of this state of the art chemical transformation plant. Nemaska is currently considering the optimal location for the facility within the Province of Quebec. The location of the facility will be determined prior to the publication of the PEA results. In parallel, the Corporation is advancing the Definitive Feasibility Study on the construction of a spodumene concentrate facility and mine, which is also scheduled for publication in the third quarter of 2012.
About Nemaska
Nemaska Lithium is an exploration and development company located in the James Bay region of Quebec. Nemaska is focused on the development of its Whabouchi lithium deposit and is conducting exploration on its 100% owned Sirmac lithium project. The Whabouchi deposit is easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km) and is located near the Cree community of Nemaska and the Nemiscau airport. Nemaska also owns 47.2% of its subsidiary Monarques Resources Inc. (TSX VENTURE:MQR).
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.
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.
CONTACT INFORMATION:
Guy Bourassa
President
418 704-6038
info@nemaskalithium.com
or
Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
www.nemaskalithium.com
or
Bosko Djorovic
514 825-3036
bosko@baycapitalmarkets.com
INDUSTRY: Manufacturing and Production - Mining and Metals
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| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Apr 26/12 | Apr 26/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $0.390 |
| Apr 26/12 | Apr 26/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 16,500 | $0.380 |
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Apr 2/12 Apr 2/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 8,000 $0.390
Apr 2/12 Mar 30/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 9,000 $0.380
Mar 27/12 Mar 26/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 8,000 $0.400
Mar 27/12 Mar 26/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.405
Mar 27/12 Mar 23/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 600 $0.400
Apr 18/12 Apr 18/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 3,000 $0.395
Apr 18/12 Apr 11/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.390
Apr 18/12 Apr 11/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 2,500 $0.385
Apr 18/12 Apr 11/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 3,000 $0.400
Apr 26/12 Apr 26/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 10,000 $0.390
Apr 26/12 Apr 26/12 Lessard, René Indirect Ownership Common Shares 10 - Acquisition in the public market 16,500 $0.380
Apr 30/12 Apr 26/12 Bourassa, Guy Georges Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.385
Apr 30/12 Apr 26/12 Bourassa, Guy Georges Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.390
Apr 30/12 Apr 26/12 Bourassa, Guy Georges Direct Ownership Common Shares 10 - Acquisition in the public market 4,500 $0.380
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(firmenpresse) - QUEBEC CITY, QUEBEC, CANADA -- (Marketwire) -- 05/14/12 -- Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE: NMX)(OTCQX: NMKEF) is pleased to announce that it has issued 1,600,000 common shares (the "Common Shares") in favour of the vendor of the Whabouchi property, pursuant to the acquisition agreement dated September 17, 2009 amended on June 11, 2010 (the "Agreement"). A schedule of payments in cash instalments and issuances of Common Shares upon attaining certain exploration work and technical studies milestones on the Whabouchi property was set forth in the Agreement. An amount of $100,000 and the issuance of 100,000 Common Shares were due to the vendor pursuant to the Agreement and an aggregate of $500,000 and 500,000 Common Shares have been settled to be paid and issued in anticipation by the Corporation. Such payments and issuances would have been due upon attaining exploration expenses of $12.5M ($100,000 and 100,000 Common Shares) and $15M ($100,000 and 100,000 Common Shares) as well as upon filing of a pre-feasibility study ($300,000 and 300,000 Common Shares). As of March 31, 2012, the Corporation had spent approximately $11.4M on the Whabouchi property and had delivered a preliminary economic study. The Corporation and the vendor agreed to replace the payment of the aggregate $600,000 by the issuance of 1,000,000 Common Shares at a deemed price of $0.60 per Common Share. Pursuant to the Agreement, a cash instalment of $500,000 and the issuance of 500,000 Common Shares remain to be paid to the vendor by the Corporation upon obtaining an independent feasibility study in respect of a commercial production on the Whabouchi property. The Corporation has no obligation under the Convention to carry out any work either on or in relation to the property.
All the Common Shares issued in favour of the vendor are subject to a restricted period of four months and a day.
About Nemaska
Nemaska is an exploration and development corporation involved in the James Bay region of Quebec. Nemaska intends to concentrate on the development of its Whabouchi lithium deposit and to conduct exploration work on its 100% owned Sirmac lithium project. Whabouchi deposit is easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km) and is located near the Cree community of Nemaska and the Nemiscau airport. Nemaska also owns about 47% of Monarques Resources Inc. (TSX VENTURE: MQR).
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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.
Contacts:
Guy Bourassa
President
418 704-6038
Wanda Cutler
Investor Relations
416 303-6460
Bosko Djorovic
Investor Relations
514 825-3036
Keywords (optional):
nemaska-lithium-inc,
further Information:
http://www.nemaskaexploration.com
http://www.firmenpresse.de/pressrelease146253.html
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Lithium Demand Will Rise Significantly: Mansur Khan
TICKERS: EUR53.17, BYDDF, FMC, GXY, LAC; LHMAF, LI, NMX; NMKEF, ORL; ORE, ROC, RM; RDNAF, TLH, TYHOF
Source: George S. Mack of The Energy Report (5/17/12)
Lithium is lightest of all metallic elements, with low density and high electrochemical potential. These are essential characteristics that make the element especially suitable for use in various power-storage applications, including electric vehicles (EVs). In this exclusive interview with The Energy Report, Equity Research Analyst Mansur Khan of Dundee Capital Markets talks about his favorite junior lithium stocks that he expects to be major beneficiaries of dramatic growth in lithium-ion battery demand over the coming decade.
The Energy Report: EVs don't burn gas, but power must come from some source of fuel, such as nuclear, coal, hydro, gas, solar, geo or wind. So, what is the value of an electric vehicle (EV)? How does it help?
Mansur Khan: From a societal and governmental point of view, there are a number of benefits. EVs can really help reduce carbon emissions. Their energy efficiency is very high, sometimes over three times that of conventional combustion engines. I think it can be argued that, even assuming an EV uses a power-generating mix that includes carbon-emitting sources such as coal- or gas-fired power plants, its life-cycle net carbon-emission production is significantly less—anywhere from half to one-third of that from comparable combustion vehicles. Reducing our dependence on oil is another concern, although it's more geopolitical. I think there is a top-down push to essentially steer the automotive industry into adopting electric vehicles.
Finally, from the end-consumer point of view, the operating cost of an EV is expected to be significantly less than an internal combustion vehicle. On average, they are about one-third the cost on a per-mile basis.
TER: In January, General Motors Inc. (GM:NYSE) announced that it would be producing 60,000 (60K) Chevrolet Volts per year, beginning this year. Does this signal a new wave of EV or hybrid development? How positive is this for lithium consumption?
MK: GM's commitment to the EV model is reflective of what you're seeing across the board with major auto manufacturers rolling out some form of an EV model in their lineup.
Aside from GM and Toyota Motor Corp. (TM:NYSE), Hyundai Motor Co. Ltd. (HYMLF:OTCPK), Nissan Motor Co. Ltd. (NSANY:OTCPK;7201:TYO), Volkswagen AG (VLKPY:OTCPK)—all the majors have announced their own models. And when you look on the battery side, you're seeing considerable research and development (R&D) investment going into battery manufacturing and technology development. Majors like Chinese battery and car manufacturer BYD Co. Ltd. (BYDDF:OTCBB), of which Warren Buffett owns approximately 10%, and BASF Corp. (EUR53.17:XETRA) are making inroads into the technology's development.
To answer your question, this is of course positive for lithium demand and consumption. Industry consultancy SignumBOX put out an estimate that electric and hybrid electric vehicles made up about 5% of total lithium carbonate equivalent (LCE) consumption in 2011, and that's expected to grow to about 25% by 2020. So there's quite a bit of room for growth there. The industry still has a long way to go, but in general, it's absolutely positive.
TER: Mansur, what is the lithium-ion battery industry's biggest challenge right now?
MK: The industry's main challenge is really to scale up in size, from the small consumer electronics to the larger batteries required for EVs, and to be able to do this without compromising on cost, safety and longevity. Technological development may not be happening as quickly as people had expected a few years ago, but it is certainly happening, and I think you will see these growing pains addressed over the coming years as other derivative applications are opened up.
As manufacturing capacity continues to expand, the cost of these lithium-ion batteries will come down, and that is already happening. A few weeks ago a Bloomberg report said the cost of lithium-ion batteries fell 14% year over year, and has fallen about 30% since 2009.
TER: Your February 2012 report cited a third-party consultancy firm, Roskill, which found that lithium consumption has outperformed both industrial production and GDP trends since 2002. But I don't see that reflected in equities. An index of small-cap lithium stocks shows a 40% decline over the last 10 years. A mix of larger- and small-cap companies is down 30% during the same period. Can you talk about the disconnect here?
MK: Without knowing the specifics of this particular index, I think I can make some general comments. Our view on this is that there are two aspects at play here, and both stem from the global recessionary environment that we are in.
Against this backdrop and coupled with slower technology development, we have seen a slower-than-expected uptake of lithium-ion batteries and EVs. The consensus view still holds that you're likely to see a mass adoption of EVs by about 2015 and thereafter. We argue that the equities are taking a bit of a wait-and-see approach to this, and so that would probably be one aspect of why they have not done so well. EVs currently make up only a small part of the overall lithium market, as just mentioned, but they are expected to really drive the majority of the growth over the coming decade.
The second aspect is more directly linked to equity markets in general. As you know, stock markets dislike uncertainty and volatility, and unfortunately we have plenty of both right now. In this kind of risk-averse environment, small-cap stocks can face the additional challenge of financing their exploration and development projects without causing a lot of dilution. So there's a bit of an added risk that is reflected in small-cap performance. We think these factors explain why the equity markets have not really kept pace with the underlying growth and demand for lithium that we are seeing.
TER: You've written that the lithium market is currently in a tight supply-demand balance, and that this has prompted capacity expansions by three of the four major lithium producers. You also wrote that prices have stabilized in the $5,500–6,500 per ton (/t) LCE. I realize there are different lithium compounds, but do you foresee a futures market for lithium?
MK: I think it's too early for that. You would need a market sizeable enough to maintain a spot supply inventory. Right now, what we are seeing is that most of the supply and demand is on a contract-by-contract basis, and these are typically one-year contracts. There isn't much of a spot market to speak of, and until you have a secondary market open up, you are unlikely to see a futures derivatives market develop.
TER: Looking at the lithium equities market today, do you see it as a deep-value market? Or do you see it as a growth market? Are we at the foot of a growth curve?
MK: Going to the question of growth, I think that's definitely there in our view. The majors have been reflecting that, not just in what they've reported, but also in their outlooks. If you peruse through some of the recent commentary by the majors, they are all reporting strong growth in volume and prices, and in general they expect real growth in lithium demand to continue—anywhere from 6–11% by 2020. So that's a fairly healthy growth in demand. If you look at Talison Lithium Ltd. (TLH:TSX; Not Rated), for example, it is saying that the lithium market will almost double by 2020, and that's even excluding the EV component that you hear so much about. So that's definitely positive, and there's growth absolutely happening there.
TER: What lithium equities are you recommending to investors?
MK: When you're looking at the juniors, we believe that only companies with quality assets that are in advanced stages or have strategic backing will have a reasonable chance of making it to production.
I would highlight Nemaska Lithium Inc. (NMX:TSX.V; NMKEF:OTCQX). We have it rated Buy, Speculative Risk with a $1 target price. Unlike the brine developers in Argentina and Chile, this is a hard-rock developer based in Québec. Its Whabouchi property project has a Measured and Indicated resource estimate of 25 million (M) tonnes (metric ton or mt) grading at 1.54% lithium oxide. It also has an Inferred resource of 4.4Mmt grading at 1.51% lithium oxide.
The company is envisioning a two-phase strategy. Phase one will see production of 200K tonnes per year (tpa) of lithium concentrate. This is concentrate, not carbonate, at about a 6% Li2O grade. The operating cost is about $138/t of concentrate. And the preliminary economic assessment (PEA) from last year had an initial capex of $86M for the project.
Phase two essentially envisions a chemical conversion plant that would produce higher-value downstream chemicals, and in particular they're looking at lithium hydroxide. The PEA on this option was just commissioned. It has also done some pilot-level testing that shows some innovative departures from the conventional process used to produce lithium hydroxide, and the company is going to be filing for a patent on this pretty soon. This could be an interesting development.
Both the definitive feasibility study (DFS) of the concentrate production and the PEA are expected to be out in Q3/12. The company has a strategic partner behind it, Chengdu Tianqi Industry Group Co., the largest lithium battery material supplier in China, which owns 20% of Nemaska. Tianqi recently entered into an agreement with Targray Technology for international distribution of lithium compounds in North America and Europe. We see Nemaska fitting in quite well with this strategy.
Another thing we like about Nemaska is that it's located in a mining-friendly jurisdiction of Québec, which is trying to build a world-class EV industry by supporting R&D and bringing mining companies and strategic partners together. And of course you could argue that the open-pit conventional mining process has less mining and processing risk. Also, there are a couple of upcoming milestones, the DFS and the PEA. So we like that name.
TER: Another company?
MK: Going over to the brine-developer world, I would highlight Rodinia Lithium Inc. (RM:TSX.V; RDNAF:OTCQX). We have it rated Buy, Speculative Risk, with a target price of $0.80. This is a lithium brine developer with its flagship 100%-owned Diablillos project in the province of Salta in Argentina, which hosts resources of about 5 Mmt of LCE and is adjacent to one of the largest lithium producers in the world, FMC Lithium Corp.'s (FMC:NYSE; Not Rated) Hombre Muerto project, which has been producing for decades.
Diablillos is also adjacent to Lithium One Inc.'s (LI:TSX.V) Sal de Vida project. As you know, Lithium One is currently in the process of being acquired by Galaxy Resources Ltd. (GXY:ASX; Not Rated), which has a wholly owned lithium carbonate plant in China. So that's definitely an interesting development in the area. Diablillos has high lithium and potassium grades and low impurities that could enable economic extraction, and the PEA put out last year suggests robust economics. With cash costs coming in at a bit over $1,500/t of LCE, along with a strong potash byproduct credit potential, the company is envisioning production of 15K tpa of LCE. Aside from the flagship project, Rodinia also has a brine project in Nevada adjacent to Chemetall Foote's [subsidiary of Rockwood Holdings Inc. (ROC:NYSE)] existing project there.
But despite all this, the company trades at a large discount to its brine-base developer peers. We estimate an enterprise value of about $3/t, compared to the average of about $10/t. We would say that part of this has to do with Rodinia's relatively early-stage project and tight cash position. That's a risk, given the nature of current markets. Management is being prudent with cash, but it is steadily moving the project forward. Also, it does have the Chinese company Ningbo Shanshan Co. at its side.
TER: You said your target on Rodinia was $0.80. You have just taken that down from $0.90, is that right?
MK: That's correct. We put out a commodity update at the end of every quarter where we go back to the drawing board and look at foreign exchange (FX) rates and commodity assumptions. So part of the discount was about the FX, and the other part is that we are applying a slightly higher discount to the brine developers in Argentina due to the investment climate resulting from expropriation of Argentina's largest energy company, YPF from Spain's Reposol.
TER: You mentioned Rodinia's neighbor producers. You must be implying potential M&A.
MK: Yes, and overall, what we like about this story is that the company has a salar that it is not sharing with anyone else, and it will potentially have two large lithium producers right in its backyard, FMC and potentially Galaxy, both of which have talked about expansion. The company has a strong management team, and both CEO Will Randall and head of exploration Ray Spanjers have extensive experience in managing projects. And Ray actually was previously with FMC's lithium division.
TER: Another company?
MK: The second brine company that I would highlight is Lithium Americas Corp. (LAC:TSX; LHMAF:OTCQX). We are rating it a Buy, High Risk with a target price of $2.60. Now this is a more advanced brine developer, located in the province of Jujuy. Its Cauchari project hosts a high-grade resource of 8Mmt LCE. It's had extensive pump tests, pond- and pilot-level tests, as well as hydrological work done, and the company is currently on the verge of putting out a DFS on the project. It's also interesting to note that the DFS will trigger a decision by its strategic partners, Mitsubishi Corp (8058:TYO) and Magna International Inc. (MG:TSX, Not Rated), who have the option to secure 37.5% of lithium production in exchange for financing up to 37.5% of capital costs. So that's definitely a good arrangement to have in this kind of market.
Lithium America's PEA from last year had estimated low cash costs of about $1,434 per ton, based on 20K tpa of phase one production. And of course one common theme with these brine projects is that, given their low impurities, there's strong byproduct credit potential. There's good infrastructure in place. And as I said they're currently working through the final project approval from the province of Jujuy, which should be another catalyst for the stock. By the way, the province of Jujuy had essentially designated lithium as a strategic metal last year, and both Lithium Americas and Orocobre Ltd. (ORL:TSX; ORE:ASX) are currently working out approvals here.
Orocobre will be the last one I'll mention today. We have it rated Buy, High Risk with a target price of $2.80. This is the most advanced brine development project in our universe of coverage. Immediately north of Lithium Americas' Cauchari project is Orocobre's flagship Olaroz project, which also hosts a high-grade lithium resource of 6.4 Mmt of LCE. The company already has a DFS out on the project, and the cash costs are estimated at $1,512/t of LCE, and once again, given the low impurities, there is potential for byproduct credit.
A production rate of about 16K tpa is expected by the second half of 2013, and at the end of last year Orocobre finalized terms with its strategic partner, Toyota Tsusho Group (TYHOF:OTCPK). This will essentially enable Toyota to take an equity stake of up to 25% based on the project's net present value (NPV) estimated from the DFS. This also includes debt financing by a Japanese consortium for 60% of the project capex, which is a bit over $200M. So the final sign-off on these financing agreements would occur once the Jujuy provincial approval comes through.
TER: I've enjoyed meeting you very much, Mansur.
MK: Thank you very much, George, I really enjoyed the interview as well.
Mining Analyst Mansur Khan joined Dundee Capital Markets in 2007 as an associate covering the industrial, aerospace and special situation sectors. In late 2010, he switched into Dundee's mining group, where he covers a range of exploration and production companies in the uranium and lithium sectors. Since 2012, he has been providing lead coverage on the lithium sector. Prior to Dundee, Mansur worked for a number of years at a private design engineering company on various information systems and operations projects. He holds an MBA from the Rotman School of Management, University of Toronto and a Bachelor of Commerce in systems development from Ryerson University.
Want to read more exclusive Energy Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Exclusive Interviews page.
DISCLOSURE:
1) George S. Mack of The Energy Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None. Streetwise Reports does not accept stock in exchange for services. Interviews are edited for clarity.
2) The following companies mentioned in the interview are sponsors of The Energy Report: Lithium Americas Corp., Lithium One Inc., Nemaska Lithium Inc., Rodinia Lithium Inc. and Talison Lithium Ltd.
3) Mansur Khan: I personally and/or my family own shares of the following companies I mentioned in this interview: None. I personally and/or my family am paid by the following companies I mentioned in this interview: None.
4) Dundee Securities Ltd. and its affiliates, in the aggregate, beneficially own 1% or more of a class of equity securities issued by companies under coverage: None.
5) Dundee Securities Ltd. has provided investment banking services to companies under coverage in the past 12 months: Nemaska Exploration Inc.
6) All disclosures and disclaimers are available on the Internet at www.dundeecapitalmarkets.com. Please refer to formal published research reports for all disclosures and disclaimers pertaining to companies under coverage and Dundee Securities Ltd. The policy of Dundee Securities Ltd. with respect to research reports is available on the Internet at www.dundeecapitalmarkets.com.
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Mining Stocks News: Nemaska Lithium Inc. (TSX-V: NMX) PEA COMMISSIONED FOR LITHIUM HYDROXIDE PLANT
May 17, 2012 (Investorideas.com Mining stocks newswire) Nemaska Lithium Inc. (TSX-V: NMX) has commissioned a preliminary economic assessment (PEA) for the development of a lithium hydroxide/carbonate complex in the Province of Quebec, where spodumene concentrate would be transformed into lithium hydroxide and carbonate. The PEA will include the capital expenditures associated with the construction of the plant.
The location of the facility will be determined prior to the publication of the PEA, which is expected in Q3/2012. The facility is scheduled for completion in 2014.
The decision to proceed with the PEA was based on the positive results of Nemaska's multi-phase pilot program for the chemical transformation of spodumene concentrate to battery-grade lithium hydroxide and lithium carbonate (see eResearch's March 21, 2012 Perspective, available at www.eresearch.ca).
Definitive Feasibility Study
While the PEA is underway, Nemaska is also advancing its definitive feasibility study (DFS) on the construction of a mine and a separate spodumene concentrate facility. The location of this concentrate plant also is to be determined. Like the PEA, the DFS is also scheduled for publication in Q3/2012.
Whabouchi Production
Nemaska plans to bring the Whabouchi lithium deposit in northern Quebec into production and begin producing spodumene concentrate at the above plant by Q4/2013.
For further details, see Nemaska's April 26, 2012 news release, available on SEDAR at www.sedar.com.
Optionen
TSX VENTURE: NMX
FRANKFURT: N0T §
OTCQX: NMKEF
§
Other Recent News | Printer Friendly Version
________________________________________
June 5, 2012
Nemaska Files Lithium Hydroxide and Carbonate Patent Applications: One Step Closer to a Lithium Hydroxide Plant in Quebec
QUEBEC CITY, QUEBEC, CANADA--(Marketwire - June 5, 2012) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that the Corporation has filed two US provisional patent applications pertaining to its unique process to produce lithium hydroxide and lithium carbonate. On April 23, 2012, the Corporation filed US patent application 61/636,869 in order to protect Nemaska's processes for preparing high purity lithium hydroxide and high purity lithium sulphate in a low cost, environmentally friendly manner. Subsequently, on May 30, 2012, US patent application 61/653,035, was filed in order to protect Nemaska's processes for preparing lithium carbonate from lithium hydroxide. This proprietary method uses an environmentally friendly approach to prepare high-yield, high purity lithium carbonate, while keeping production costs to a minimum.
"Our lithium hydroxide production process uses electrolysis and eliminates the use of large quantities of soda ash, a major input used in the traditional conversion process," commented Guy Bourassa, President and CEO of Nemaska Lithium Inc. "The price of soda ash is constantly fluctuating, is unpredictable, and has significantly increased over the past few years. By eliminating this input and through the use of electrolysis, we are in a position to enter into long-term electricity contract in Quebec, which will reduce overall costs and improve margins over a defined period. The availability of electricity in Quebec allows for a second value added transformation process, which will maximize value for our shareholders as well as Quebec-based communities".
These promising protected technologies should position Nemaska as a world leader in the production of low cost lithium hydroxide and lithium carbonate. The Corporation views its intellectual property as a key competitive advantage. Nemaska, in conjunction with its patent agents, is currently contemplating the filing of additional patent applications.
Market for Lithium Hydroxide
As confirmed in a recent market study commissioned by Nemaska, the market for lithium hydroxide is forecast to double every five years for the next 15 years. Currently four companies are meeting demand, but have limited capacity to support the projected increase in demand. Nemaska intends to produce lithium hydroxide by 2014, in time to meet the predicted ramp up in demand for lithium hydroxide. Furthermore, lithium hydroxide currently sells at a premium of at least 25% compared to lithium carbonate.
About Nemaska
Nemaska is an exploration and development corporation that is currently involved in the development of its Whabouchi lithium deposit located in the James Bay region, Province of Quebec. Nemaska has also developed innovative processes to transform lithium minerals into valued added lithium hydroxide and lithium carbonate. Nemaska also owns 100% of the Sirmac lithium project, located about 125 km south of the Whabouchi deposit. Both projects are easily accessible year round by the Route du Nord from Chibougamau. The Whabouchi lithium deposit is located near the Cree community of Nemaska and the Nemiscau airport. Nemaska is also an important shareholder of Monarques Resources Inc. (TSX VENTURE:MQR).
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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.
________________________________________
CONTACT INFORMATION:
Guy Bourassa
President
418 704-6038
info@nemaskalithium.com
or
Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
or
Victor Cantore
Investor Relations
514 831-3809
victor.cantore@nemaskalithium.com
www.nemaskalithium.com
INDUSTRY: Manufacturing and Production - Mining and Metals
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| Jun 5/12 | Jun 5/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 4,000 | $0.395 |
| Jun 5/12 | Jun 5/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 3,000 | $0.390 |
| Jun 5/12 | Jun 5/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 3,000 | $0.385 |
| Jun 5/12 | Jun 4/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 3,000 | $0.390 |
| Jun 4/12 | Jun 4/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 1,000 | $0.390 |
| Jun 4/12 | Jun 4/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 3,000 | $0.395 |
| May 24/12 | May 23/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 500 | $0.390 |
| May 24/12 | May 23/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 8,500 | $0.385 |
| May 24/12 | May 23/12 | Lessard, René | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 1,000 | $0.380 |
| May 29/12 | May 18/12 | Wu, Wei | Direct Ownership | Options achat d'actions | 50 - Grant of options | 50,000 | $0.400 |
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Nemaska Announces Closing of $1,365,000 Financing
QUEBEC CITY, QUEBEC, CANADA -- (Marketwire) -- 06/21/12 -- NEMASKA LITHIUM INC. (the "Corporation") (TSX VENTURE: NMX)(OTCQX: NMKEF) is pleased to announce that it has closed a brokered private placement of an aggregate number of 2,730,000 flow-through units (the "Flow-Through Units") in the capital stock of the Corporation, at a price of $0.50 per Flow-Through Unit, for an aggregate gross proceeds of $1,365,000 (the "Offering").
Each Flow-Through Unit is comprised of one flow-through common share in the capital of the Corporation and one-half of one common share purchase warrant. Each whole warrant (the "Warrant") shall entitle the holder thereof to acquire one non flow-through common share of the capital of the Corporation (the "Warrant Share"), at a price of $0.65 per Warrant Share, for a period of 18 months following the closing of the Offering.
The Offering was conducted through a syndicate co-led by Industrial Alliance Securities Inc. and Casimir Capital Ltd. acting as agents (the "Agents"). In consideration for their services, the Agents received an aggregate cash commission of $95,550 and an aggregate 191,100 compensation options to purchase up to 191,100 common shares in the capital of the Corporation, at a price of $0.50 per common share, until December 20, 2013.
The net proceeds of the Offering will be used by the Corporation to incur exploration expenses on its properties located in the Province of Quebec.
All securities issued pursuant to the Offering are subject to a restricted period of four months and a day, ending on October 21, 2012 under applicable Canadian securities legislation. As a result, the Corporation has 100,234,674 common shares issued and outstanding.
The Corporation expects to be able to file shortly all required documentation to satisfy the conditional acceptance of the TSX Venture Exchange.
The Corporation also announces that it has received offers from potential investors to subscribe for an additional amount of up to $635,000 in a second tranche of the Offering, subject to certain conditions being met. In such a case, a second closing is expected to occur within a few weeks.
About Nemaska
Nemaska is an exploration and development corporation that is currently involved in the development of its Whabouchi lithium deposit located in the James Bay region, Province of Quebec. Nemaska has also developed innovative processes to transform lithium minerals into value added lithium hydroxide and lithium carbonate. Nemaska also owns 100% of the Sirmac lithium project, located at about 125 km south of the Whabouchi deposit. Both projects are easily accessible year round by the Route du Nord from Chibougamau. The Whabouchi lithium deposit is located near the Cree community of Nemaska and the Nemiscau airport. Nemaska is also an important shareholder of Monarques Resources Inc. (TSX VENTURE: MQR).
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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.
Contacts:
Guy Bourassa
President
418 704-6038
info@nemaskalithium.com
Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
Victor Cantore
Investor Relations
514 831-3809
victor.cantore@nemaskalithium.com
www.nemaskalithium.com
© 2012 MarketWire
www.finanznachrichten.de/nachrichten-2012-06/...000-financing-256.htm
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Nemaska Announces Final Closing of a $1,615,000 Financing
June 29, 2012
QUÉBEC CITY, QUÉBEC--(June 29, 2012) - NEMASKA LITHIUM INC. (the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has closed the second tranche of a brokered private placement of an aggregate number of 500,000 flow-through units (the "Flow-Through Units") in the capital of the Corporation, at a price of $0.50 per Flow-Through Unit, for an aggregate gross proceeds of $250,000, finalizing a $1,615,000 financing (the "Financing"), the first tranche of which was closed as of June 20, 2012 and announced as of June 21, 2012.
Each Flow-Through Unit is comprised of one flow-through common share in the capital of the Corporation and one-half of one common share purchase warrant. Each whole warrant (the "Warrant") shall entitle the holder thereof to acquire one non flow-through common share of the capital of the Corporation (the "Warrant Share"), at a price of $0.65 per Warrant Share, until December 30, 2013.
The Financing was conducted through a syndicate co-led by Industrial Alliance Securities Inc. and Casimir Capital Ltd. acting as agents (the "Agents").
In consideration for the services rendered in connection with the second tranche of the Financing, the Agents received an aggregate cash commission of $17,500 and an aggregate number of 35,000 compensation options to purchase up to 35,000 common shares in the capital of the Corporation, at a price of $0.50 per common share, until December 30, 2013.
The net proceeds of the Financing will be used by the Corporation to incur exploration expenses on its properties located in the Province of Québec.
All securities issued pursuant to the second tranche of the Financing are subject to a restricted period of four months and a day, ending on October 30, 2012 under applicable Canadian securities legislation. As a result of the Financing, the Corporation will have 100,734,674 common shares issued and outstanding.
The Corporation expects to be able to file shortly all required documentation to satisfy the conditional acceptance of the TSX Venture Exchange.
About Nemaska
Nemaska is an exploration and development corporation that is currently involved in the development of its Whabouchi lithium deposit located in the James Bay region, Province of Quebec. Nemaska has also developed innovative processes to transform lithium minerals into value added lithium hydroxide and lithium carbonate. Nemaska also owns 100% of the Sirmac lithium project, located at about 125 km south of the Whabouchi deposit. Both projects are easily accessible year round by the Route du Nord from Chibougamau. The Whabouchi lithium deposit is located near the Cree community of Nemaska and the Némiscau airport. Nemaska is also an important shareholder of Monarques Resources Inc. (TSX VENTURE:MQR).
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
President
418 704-6038
info@nemaskalithium.com
Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
Victor Cantore
Investor Relations
514 831-3809
victor .cantore@nemaskalithium.com
Optionen
TSX VENTURE: NMX
FRANKFURT: N0T §
OTCQX: NMKEF
§
Other Recent News | Printer Friendly Version
________________________________________
July 6, 2012
Nemaska Retains the Howard Group as Investor Relations Advisor
QUEBEC CITY, QUEBEC, CANADA--(Marketwire - July 6, 2012) - NEMASKA LITHIUM INC. (the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has, subject to all required regulatory approvals, including the approval of the TSX Venture Exchange Inc. (the "Exchange"), retained The Howard Group Inc. (the "Howard Group") as an investor relations advisor, pursuant to an agreement (the "Agreement") entered into between the parties effective as of July 1st, 2012.
Since 1988, the Howard Group has provided comprehensive investor and financial relations programs, business development solutions, in-depth strategic planning and financing services to public companies. The Howard Group is associated with the Insight Limited Partnership II, which invests in micro and small cap companies.
Mr. Grant Howard is the President and is the sole shareholder of the Howard Group. Mr. Jeff Walker will be the person who will provide the services to the Corporation. The registered office of the Howard Group is located at 318 - 11th Avenue SE, Suite 350, Calgary, Alberta T2G 0Y2.
Pursuant to the Agreement, the Howard Group has been retained by the Corporation for a period of twelve months, subject to termination by either party following the first nine months. The Howard Group will be responsible for various investor relations consulting services and online retail investor oriented programs for and on behalf of the Corporation. The Howard Group will be paid a fee in the amount of $7,500 per month and will be reimbursed for all approved expenses in the normal course of business.
In addition, and subject to Exchange approval, the Corporation granted, as of July 1st, 2012, stock options (the "Options") to the Howard Group enabling it to acquire 300,000 common shares in the capital of the Corporation at an exercise price of $0.40 per share. The Options shall vest in reason of one quarter every three months from the date of grant with the first quarter vesting on the date of grant and shall expire three years from the date of grant.
There is no prior relationship between the Howard Group and the Corporation, nor is there any direct or indirect interest in the Corporation or its securities or any right or intent to acquire such an interest on the part of the Howard Group, except for the aforementioned Options.
About Nemaska
Nemaska is an exploration and development corporation that is currently involved in the development of its Whabouchi lithium deposit located in the James Bay region, Province of Quebec. Nemaska has also developed innovative processes to transform lithium minerals into value added lithium hydroxide and lithium carbonate. Nemaska also owns 100% of the Sirmac lithium project, located at about 125 km south of the Whabouchi deposit. Both projects are easily accessible year round by the Route du Nord from Chibougamau. The Whabouchi lithium deposit is located near the Cree community of Nemaska and the Nemiscau airport. Nemaska is also an important shareholder of Monarques Resources Inc. (TSX VENTURE:MQR).
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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.
________________________________________
CONTACT INFORMATION:
Guy Bourassa
President
418 704-6038
info@nemaskalithium.com
or
Wanda Cutler
Investor Relations
416 303-6460
wanda.cutler@nemaskalithium.com
or
Victor Cantore
Investor Relations
514 831-3809
victor.cantore@nemaskalithium.com
www.nemaskalithium.com
or
Jeff Walker
The Howard Group
Investor Relations
888 or 403 221-0915
jeff@howardgroupinc.com
INDUSTRY: Manufacturing and Production - Mining and Metals
Optionen
Nemaska Lithium Inc.
TSX-V: NMX
Shares Outstanding 97.5 million
Fully Diluted 139.9 million
--------------------------
We're well aware there are many more micro/small cap companies just in North America than any one person can track.
We're also realistic enough to know that it takes a lot of work to get on an investor's watch list.
Then the question becomes, "Is this the right time?"
The reader will come to his or her own conclusions on that question as well as the risk / reward scenario when looking at a company that they are likely seeing for the first time.
Suffice to say that from The Howard Group's perspective we felt it was an attractive time to engage with Nemaska Lithium.
The company:
Nemaska is Quebec based and well along in its plan to develop its wholly owned Whabouchi lithium deposit in the James Bay region. Managment believes as supported in a 43-101 report, that this deposit is world class and will facilitate NMX becoming a producer of Lithium Hydroxide (LiOH), which commands premium pricing.
Of note; four analysts agree (below) with their target prices much higher than the current $0.35 trading range. It is highly unusual for a junior resource company to attract this level of following!
In our conversations with President & CEO, Guy Bourassa, he is focused on starting production by late 2014.
We understand it's not as simple as that as NMX will likely require in excess of $200 million for a concentrator and processing facility. Of course, project financing is a key question yet to be answered for the market.
Light is expected to be shed on two critical economic questions in the near-term, which speaks in part to the question of project financing:
Q3/12 - feasibility study and Preliminary Economic Assessment on the mine and concentrator
·Q4/12 - feasibility study on a chemical processing facility
Underpinning the project is technology, as that will have a massive bearing on the operating cost structure, which addresses the question of competitiveness. In early June, NMX announced the filing of two U.S. provisional patents pertaining to a unique preparation process for Lithium Hydroxide, Carbonate & Sulphate. The process uses electrolysis and eliminates certain re-agents.
As power is central to the process, Quebec's low cost electricity regime provides extreme advantages in conjunction with NMX's technology. Management is looking at a 25% cost advantage.
Adding to the mix of pluses is Nemaska's China based partner.
The partner:
Tianqi is China's largest lithium battery material supplier with ongoing international expansion and currently owns 19.9% of Nemaska stock.
http://www.tianqigroup.cn/en/Index/partners/item/9dffc75293d6ecf7.html
The product:
Lithium Hydroxide and Lithium Carbonate demand continues to increase as shown in the chart below estimating its growth through 2025.
Analyst coverage - 1 year target price:
What we find attractive about Nemaska is not only what has been accomplished but what will be known in relatively short-order.
The Howard Group will release a perspective and complete commentary on Nemaska during Q3.
Posted by Jeff Walker at 9:30 AM
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Nemaska Lithium Selects Valleyfield Quebec, as Strategic Location for New Lithium Hydroxide Plant
July 18, 2012 10:04 AM EDT
QUEBEC CITY, QUEBEC, CANADA -- (Marketwire) -- 07/18/12 -- Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE: NMX)(OTCQX: NMKEF) is pleased to announce that the Corporation has selected a site in the town of Valleyfield Quebec, for its lithium hydroxide/carbonate plant. Nemaska is currently completing a Preliminary Economic Assessment Study (PEA) for the construction of a mine and concentrator in the region of Nemaska which will feed a chemical plant that will produce lithium hydroxide and lithium carbonate, mainly for battery manufacturing.
The Town Council of Valleyfield has approved the sale of approximately 1,320,000 square feet or 122,600 square meters of land for construction of the chemical plant. The site is located in the Perron Industrial and Harbourfront Park in Salaberry-de-Valleyfield, Quebec. The site location is well serviced by existing infrastructure including rail, operated by both CN and CSX, port facilities on the St-Lawrence Seaway and natural gas. The site is also located near end users of lithium hydroxide and potential purchasers of by-products such as aluminum silicate and gypsum, both produced from the proprietary lithium hydroxide/carbonate process to be used by Nemaska.
"Our facility will be located in an established industrial park where skilled labour, services, facilities and potential customers are all at our fingertips," commented Guy Bourassa, President and CEO of Nemaska Lithium. "Our plan is to ship spodumene concentrate from the mine site in Nemaska to Chibougamau, transfer the concentrate to rail and ship it directly to our chemical plant in Valleyfield for secondary processing. Through this proprietary industry leading process, Nemaska will be delivering a value added product that is fully mined and processed in Quebec to customers globally. Our mine and chemical plant will create needed jobs in both the north and south of Quebec."
Nemaska is expecting to deliver the PEA for the mine, concentrator and chemical plant in August 2012 with a Definitive Feasibility Study by the end of the year.
About Nemaska
Nemaska is an exploration and development corporation that is currently developing its Whabouchi lithium deposit located in the James Bay Region in the Province of Quebec. Nemaska is in the process of becoming a lithium hydroxide/carbonate producer based in Quebec. The Company has filed patent applications covering its unique method of producing lithium hydroxide and lithium carbonate. Nemaska also owns 100% of the Sirmac lithium project, located about 125 km south of the Whabouchi deposit. Both projects are easily accessible year round by the Route du Nord from Chibougamau. The Whabouchi lithium deposit is located near the Cree community of Nemaska and the Nemiscau airport. The future chemical plant will be located in Valleyfield, Quebec. Nemaska is also an important shareholder of Monarques Resources Inc. (TSX VENTURE: MQR).
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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.
Contacts: Victor Cantore Investor Relations 514 831-3809 victor.cantore@nemaskalithium.com Wanda Cutler Investor Relations 416 303-6460 wanda.cutler@nemaskalithium.com www.nemaskalithium.com Jeff Walker The Howard Group Investor Relations 888 or 403 221-0915 jeff@howardgroupinc.comSource: Nemaska Lithium Inc.
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