Japan's SoftBank to acquire 9.9% stake in Canada's Nemaska Lithium

Japan's SoftBank to acquire 9.9% stake in Canada's Nemaska Lithium

Pedestrians walk past a SoftBank Group Corp. store in Tokyo, Japan. Photographer: Tomohiro Ohsumi

Japan’s SoftBank Group Corp will buy up to 9.9 percent stake in Canada-based Nemaska Lithium Inc and invest up to C$99.1 million ($77.7 million) through a private placement as part of the agreement, the lithium miner said on Thursday.

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