Nemaska Lithium Inc. provides an update on the progress of its Whabouchi Project as well as the constructive continuation of the financing discussions with The Pallinghurst Group ('Pallinghurst'). Since the acceptance by Nemaska Lithium of an investment proposal of up to CAD 600 M by Pallinghurst on July 19, 2019, productive discussions have taken place between both groups' specialists in order to complete the due diligence and to advance the negotiations with the aim of reaching an agreement that will satisfy both parties, in a timely manner, in respect of a transaction to be implemented under a court approved plan of arrangement under the Canada Business Corporations Act subject to shareholder approval. Exclusive negotiations will continue with a view of closing the investment before December 31, 2019, in order to give all parties, the time and flexibility to conscientiously complete this exercise and provide additional details to shareholders as soon as available. Construction at the Whabouchi mine continued per the adapted pace of the recent months. Critical earthworks and concrete foundations are substantially completed. Crushing area structural steel installation is also substantially completed, and conveyor installation has begun. Most of the process equipment has been received, and whenever possible it has been installed or appropriately stored. Mine employees have been actively working since May on pre-production activities such as overburden removal, drilling and blasting to generate the aggregate material required for roads, storage areas and other works necessary for the development of the mine infrastructures.