Nemaska Discovers More High-Grade Intersections at Whabouchi; Subsidiary Files Preliminary Prospectus

Nemaska Exploration (OTCQX: NMKEF; TSX-V: NMX) has completed 8,909 metres of drilling across 43 holes at its 100% owned Whabouchi lithium project.  The Company’s most recent results come from 5 drill holes illustrate the high-grade of the main mineralized zone and confirm the presence of smaller dykes to the South of the Main zone.  Highlights include 25.5 m at 2.28% Li2O, 23.0 m at 1.92% Li2O and 11.9 m at 2.36% Li2O.

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Nemaska’s newly formed subsidiary, Monarques Resources, has filed a preliminary prospectus for an offering of a minimum of $2,000,000 comprised of 2,500,000 units at a price of $0.40 per Unit and 2,000,000 common shares in the capital of Monarques, to be issued as “Flow-Through Shares”, at a price of $0.50 per Flow-Through Share.

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