{"id":1203484,"date":"2020-08-25T02:00:00","date_gmt":"2020-08-25T07:00:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=5a9ff0c2f0f84304f2e99568207ef48f"},"modified":"2020-08-25T02:23:40","modified_gmt":"2020-08-25T07:23:40","slug":"nemaska-lithium-accepts-bid-from-orion-iq-and-pallinghurst","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1203484","title":{"rendered":"Nemaska Lithium accepts bid from Orion, IQ and Pallinghurst"},"content":{"rendered":"<p>Nemaska \u200b\u200bLithium has accepted a sale proposal structured as a credit bid from a group made of the corporation\u2019s largest secured creditor, Orion Mine Finance, Investissement Qu\u00e9bec and The Pallinghurst Group.<\/p>\n<p>The sale, announced on Monday, comes at the conclusion of a sale or investor solicitation process under the Companies\u2019 Creditors Arrangement Act (CCAA).<\/p>\n<p>The buyers\u2019 group will acquire Nemaska business and assets, other than certain excluded assets and liabilities that will be transferred directly or indirectly to a new entity \u2013 Residual Nemaska Lithium.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nemaska \u200b\u200bLithium has accepted a sale proposal structured as a credit bid from a group made of the corporation\u2019s largest secured creditor, Orion Mine Finance, Investissement Qu\u00e9bec and The Pallinghurst Group.<\/p>\n<p>The sale, announced on Monday, comes at th&#8230;<\/p>\n","protected":false},"author":30,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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