Toronto (June 27, 2018) — On May 30, 2018, Nemaska Lithium completed its $1.1 billion project financing package. Borden Ladner Gervais LLP (BLG) acted for Ressources Québec Inc., who provided the private placement to the total financing package.

The financing structure secured by Nemaska is unprecedented in the lithium industry. The money will be used to fund the construction, commissioning, working capital and reserve funds for the Whabouchi lithium mine and the Shawinigan electrochemical plant, both located in Québec, as well as general working capital.

This deal builds on BLG’s significant experience in securing financing for publicly traded mining companies. The BLG team was led by Pascal de Guise with support from Jordan Furfaro and Gianni Chiazzese.

About Borden Ladner Gervais LLP

Borden Ladner Gervais LLP (BLG) is a leading, national, full-service Canadian law firm focusing on business law, commercial litigation and arbitration, and intellectual property solutions for our clients. BLG is one of the country’s largest law firms with more than 700 lawyers, intellectual property agents and other professionals in five cities across Canada. We assist clients with their legal needs, from major litigation to financing to trademark and patent registration.

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Tamara Costa
National Director, Marketing and Communications
Borden Ladner Gervais LLP