Nemaska Lithium Inc.

TSX VENTURE : NMX
FRANKFURT : N0T
OTCQX : NMKEF


Nemaska Lithium Inc.

November 08, 2012 11:12 ET

Nemaska Lithium Hires Vice President Operations and Director of Human Resources

QUEBEC CITY, QUEBEC, CANADA--(Marketwire - Nov. 8, 2012) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce the hiring of Mr. Daniel Dufort as Vice President Operations and Mr. Marc Vicaire as Director of Human Resources, as the Company ramps up activities and transitions from exploration to development. Both individuals have served in their respective capacities in mining companies throughout their career and both will play a critical role in Nemaska's management.

Mr. Dufort will be replacing Mr. Pierre Demers as Vice President Operations. Mr. Demers was brought on to work with Nemaska to oversee the Preliminary Economic Assessment and Feasibility Study on the proposed Whabouchi lithium mine. Mr. Dufort is a seasoned mining operations professional with more than 30 years of experience in production, operations, sales, marketing and project management in the mining industry. Prior to joining Nemaska, Mr. Dufort held the role of Vice President of Operations at Labrador Iron Mines where he spearheaded the overall development of the engineering, procurement and construction, (EPCM) of their mining facilities. During his tenure there, Mr. Dufort was directly involved in the negotiations with the five first nation communities as well as two provinces. Prior to that, he held various senior positions at SNC Lavalin, Orica Canada, ICI Canada, Barrick Gold and Noranda.

Nemaska has also hired Mr. Vicaire to assume the role of Director of Human Resources. Among other tasks Mr. Vicaire will develop and establish, in conjunction with our Cree partners, training programs required to maximize local employment. Mr. Vicaire brings more than 20 years experience in labour relations, employee engagement and employee/management conflict resolution. Prior to joining Nemaska, Mr. Vicaire held the position of Director Human Resources at several mid sized firms including General Dynamics and Le Groupe Océan, each employing between 250-300 people. In addition, Mr. Vicaire held various human resources positions at Noranda's Murdochville mine where he worked his way up from a labourer in the concentrator to an HR role following the completion of his degree.

"First of all I would like to thank Pierre for agreeing to postpone his retirement and assist us during this critical stage of the Company's development. He has made a tremendous contribution to Nemaska during the past 18 months," commented Mr. Bourassa President and CEO of Nemaska Lithium. "I am very pleased that we could attract two individuals of Daniel and Marc's calibre to our team. They both bring an excellent skill set that is directly applicable to our stage of development and complements our existing management team. I am confident that their contributions will be immediately felt as we move this company forward."

About Nemaska

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.

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