Softbank has invested approximately C$100 million through an equity financing deal; additional financing components are advancing.

Despite positive advancements in the companies financing efforts, its shares continue to remain under pressure.

The overall impact  for Nemaska and the Canadian lithium industry is positive; Indication of Asia’s strong appetite for lithium chemicals and an ongoing unbalanced market.

In late March 2018, Nemaska Lithium (OTCQX:NMKEF) provided an update to the market on its financial strategy only a few days after I released an overview of the company’s developments (see: Seeking