February 13, 2013 06:30 ET
QUEBEC CITY, QUEBEC--(Marketwire - Feb. 13, 2013) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce the recent hiring of Jean Francois Magnan as its Technical Manager. Mr. Magnan is a professional engineer with more than 20 years of experience in the metallurgical industry. During his career, he held several positions within the lithium industry including: R&D Advisor, R&D Project Manager, Consultant and Quality Control Metallurgist. He also acted as Project Manager for Phostech Lithium Inc. in 2000 and 2001.
"Jean Francois will be assuming the new role of Technical Manager at Nemaska Lithium as we transition from an exploration company into a lithium hydroxide/carbonate producer," commented Guy Bourassa. "Jean Francois is a recognised industry expert in the lithium battery field and has connections with numerous end users of our products. He will be working closely with our technical consultant, Mr. Gary Pearse, on our technology implementation as well as playing an active role in securing new contracts for our lithium products."
Mr. Magnan is the author/inventor of several patents in the lithium rechargeable batteries field. He holds a Master's Degree in Materials Engineering from Laval University (2000). During his career he has developed and marketed three new technologies related to energy storage and energy management. He is co-author of patents from the University of Montreal, Hydro-Québec and the Centre National de la Recherche Scientifique (CNRS) on lithium iron phosphate, a new cathode material for lithium ion batteries that is very stable and applicable for large lithium ion battery packs due to its ability to withstand heat. Lithium hydroxide is used in the production of lithium iron phosphate cathodes as well as other cathode materials. These patents have been sub-licensed worldwide by LiFePO4 + C Licensing AG. LiFePO4+C Licensing AG, Muttenz, Switzerland, is an affiliate of Clariant AG.
Nemaska Lithium is a lithium exploration and development company with its Whabouchi and Sirmac deposits located in the James Bay Region in the Province of Quebec. Both projects are easily accessible year round by the Route du Nord from Chibougamau. The Whabouchi lithium deposit is located near the Cree community of Nemaska and the Némiscau airport. The Sirmac project is located about 150km North of Chibougamau. Nemaska plans to become a lithium hydroxide/carbonate producer based in Quebec and has filed patent applications for its proprietary method to produce lithium hydroxide and lithium carbonate. The Corporation's lithium hydroxide/carbonate processing plant will be located in Valleyfield, Quebec.
Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
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.
Guy BourassaPresident418 firstname.lastname@example.orgWanda CutlerInvestor Relations416 email@example.comVictor CantoreInvestor Relations514 firstname.lastname@example.orgJeff WalkerThe Howard Group/ Investor Relations888 or 403 email@example.com
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