Nemaska Lithium Inc., Nemaska Lithium Shawinigan Transformation Inc., Nemaska Lithium P1P Inc., Nemaska Lithium Whabouchi Mine Inc. and Nemaska Lithium Innovation Inc.

CCAA

Page last updated: October 12, 2020

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.


For efficiency and confidentiality purposes, the Monitor cannot respond to the many questions submitted by Nemaska Lithium Inc.'s shareholders and its subsidiaries. 


Status of file as at October 16, 2020 

On October 15, 2020, following the filing of an Application by the Debtors, the Superior Court of Quebec issued an order approving the Orion / IQ / Pallinghurst transaction and other reliefs. On the same date, the Court also issued a Reversed Vesting Order.

We refer you to the Orders dated October 15, 2020 for more details, as well as at the press release on the debtors' website at: https://www.nemaskalithium.com/en/investors/press-releases/2020/cac7107e-56e7-4d22-9ae3-60eb46d0b2a0/

Status of file as at October 8, 2020 

On October 8, 2020, following the filing of an Application by the Debtors, the Superior Court of Quebec issued an Order extending the Stay Period until November 16, 2020. 

We refer you to the Order dated October 8, 2020 for more details.

Status of file as at September 18, 2020 

On September 17 2020, following the filing of an Application by the Debtors, the Superior Court of Quebec issued an Order extending the Stay Period until October 16, 2020. 

We refer you to the Order dated September 17, 2020 for more details.

Status of file as at September 1, 2020 

On August 31, 2020, following the filing of an Application by the Debtors, the Superior Court of Quebec issued an Order extending the Stay Period until September 18, 2020. 

We refer you to the Order dated August 31, 2020 for more details.

Status of file as at July 9, 2020 

On July 9, 2020, following the filing of an Application by the Debtors, the Superior Court of Quebec issued an Order extending the Stay Period until September 4, 2020. 

We refer you to the Order dated July 9, 2020 for more details.

Status of file as at March 31, 2020 

Please note that following the filing of an Application by the Debtors, the Superior Court of Quebec issued an order postponing the Claims Bar Date to April 17, 2020.

Status of file as at February 14, 2020 

On February 13, 2020, following the filing of Applications by the Debtors, the Superior Court of Quebec issued the following Orders:

  • Amended and Restated Initial Order (second amendment and restatement)
  • Extension Order until July 10, 2020 (first extension)
  • Order regarding the Chinuchi Hypotec and Preservation Notices
  • Bond Litigation Settlement Approval Order

We refer you to the Orders dated February 13, 2020 for more details.

Status of file as at January 29, 2020 

On January 29, 2020, following the filing of an Application by the Debtors, the Superior Court of Quebec issued the following Orders: 

  • Claims Procedure Order 
  • Sale or Investor Solicitation Process (SISP) Approval 

We refer you to the Order dated January 29, 2020 for more details.

Status of file as at December 23, 2019

TAKE NOTICE THAT Nemaska Lithium Inc., Nemaska Lithium Shawinigan Transformation Inc., Nemaska Lithium P1P Inc., Nemaska Lithium Whabouchi Mine Inc. and Nemaska Lithium Innovation Inc. (collectively the “Companies”), of the City of Quebec, Province of Quebec, filed a petition to obtain an Initial Order under the Companies’ Creditors Arrangement Act (“CCAA”). The Superior Court of Québec granted the petition and issued an Initial Order pursuant to the CCAA on December 23, 2019. The Companies are now under the protection of the CCAA and the Initial Order provides for an initial stay of all proceedings until December 30, 2019 and appoints PricewaterhouseCoopers Inc. as Monitor of the business and financial affairs of the Companies.

We refer you to Initial order dated December 23, 2019 for further information.

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