Here's what happened to nemaska shareholders early this year,
After closing, Residual Nemaska Lithium would present a plan to its creditors regarding the residual cash and assets held by the entity. Based on the terms of the bid and the consideration, “holders of the corporation’s common shares will not receive any payments for, or distributions on, their common shares in connection with the CCAA proceedings, nor will they hold any interest in New Nemaska Lithium following the completion of the plan of compromise or arrangement.”
