Nemaska Lithium Inc.
TSX VENTURE : NMX
OTCQX : NMKEF

Nemaska Lithium Inc.

November 23, 2015 06:30 ET

Nemaska Lithium Appoints Francois Biron to Board of Directors

QUEBEC CITY, QUEBEC--(Marketwired - Nov. 23, 2015) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that Francois Biron has joined the Board of Directors. Mr. Biron joins the existing 7 board members as an independent director.

Francois Biron is a senior professional mining engineer with 40 years of experience in the mining industry. Of specific interest to Nemaska's mining project, Mr. Biron has been involved as General Manager of the Troilus Division of Inmet Mining Corporation, an open pit mine in Eeyou Istchee James Bay region about 125km North of Chibougamau, with 260 employees, including 65 native people. Mr. Biron has extensive experience in mining operations and has acted in several senior site-based positions with well-known international mining companies. Throughout his career he has worked in gold, base metals and industrial minerals sectors. He has participated in the management of major open-pit mines with the state of the art operations and standards. Mr. Biron is very experienced in public consultations and social acceptability for new mining projects and well versed in the latest automation mining technologies that improve mining processes.

"I am delighted to welcome Mr. Biron to the Board of Directors and I look forward to his counsel at the board level as we enter the mine development phase of our project," commented Michel Baril, chairman of Nemaska Lithium. "He brings a skill set and experience which is accretive to our existing Board of Directors and we will benefit greatly from his contribution as we move forward."

In accordance with the Corporation's Stock Option Plan, Mr. Biron was granted 50,000 stock options with an exercise price of $0.365 and are valid for a period of 5 years.

About Nemaska Lithium

Nemaska Lithium intends to become a lithium hydroxide and lithium carbonate supplier to the emerging lithium battery market that is largely driven by electric vehicles, cell phones, tablets and other consumer products. The Corporation is developing in Quebec one of the most important spodumene lithium hard rock deposit in the world, both in volume and grade. The spodumene concentrate produced at Nemaska Lithium's Whabouchi mine will be shipped to the Corporation's lithium compounds processing plant to be built in Shawinigan, Quebec. This plant will transform spodumene concentrate into high purity lithium hydroxide and carbonate using the proprietary methods developed by the Corporation, and for which patent applications have been filed.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements herein that are not historical facts are forward‐looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties. Actual results could differ from those currently projected. The Corporation does not assume the obligation to update any forward‐looking statement.

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