Nemaska continues to make progress on its capital raise to support the build out of Phase Two at its Quebec lithium chemicals facility; closing is expected to occur soon.

In the past month, the company has brought financial capital through strategic partners including Orion Mining Finance and Softbank.

Upon closing of the active bond raise, the company will have greatly de-risked its lithium chemicals project which will have a positive impact to shareholders.

Over the past two months, Nemaska Lithium (OTCQX:NMKEF) has steadily been updating the market on its half-billion-dollar-plus financial raise. The company has aggressively set targets to build out a vertically integrated lithium mining