Nemaska Lithium Completes Share Exchange with Residual Nemaska Lithium - Seite 3

Q:           Do I need to do anything to complete the exchange of my shares or contact my broker?

A:           No. The context of the transaction provides an automatic exchange of shares and no action is required from shareholders to complete the Exchange. Following the Exchange, each share certificate (or other evidence of ownership of shares of the Corporation) representing shares of the Corporation shall be deemed to represent for all purposes the same number of common shares of Residual Nemaska Lithium. Accordingly, shareholders will not be required to surrender their share certificates representing shares of the Corporation.

Q:            Will the common shares of Residual Nemaska Lithium, which I will receive as a result of the Exchange, have any value?

A:           The common shares of Residual Nemaska Lithium will not be of any value. The Exchange is only made for reorganization purposes, and Residual Nemaska Lithium will not conduct any business activities.

Q:           How can I claim my tax losses?

A:           Generally, a shareholder may elect to realize a capital loss upon the Exchange by including in its income tax return for the taxation year in which the Exchange occurred the capital loss resulting from the Exchange. It is important to understand that the automatic exchange of shares upon the proposed transaction results in the deferral of the capital loss to the shareholder on his or her shares unless the shareholder elects to include any portion of the capital loss otherwise determined, in computing its income for the relevant taxation year. For this purpose, no tax form, tax slips or other similar documentation will be provided to any such shareholder. It is the shareholder’s sole responsibility to elect to realize the capital loss otherwise determined.

In any cases, shareholders should consult their own tax advisors as to the possibility of realizing a capital loss upon the Exchange as well as to obtain assistance and advice in determining the capital loss otherwise realized upon the Exchange.

Q:           If I am a non-resident of Canada, what do I need to do?

A:           The Corporation makes available on www.sedar.com and on the website of PricewaterhouseCoopers Inc. (the “Monitor”) certain tax documentation and forms that may be required to be completed and filed, within 10 days following the Exchange, by certain shareholders, option holders or warrant holders, as applicable, which are non-resident of Canada. All non-residents of Canada should determine with their own tax advisors if any tax filings are required related to the disposition having regards to their own circumstances.