08:18 AM EST, 02/28/2019 (MT Newswires) -- Nemaska Lithium (NMX.TO) -- a developing chemical company -- said late Wednesday that it has appointed a Special Committee comprised of independent members of the corporation's Board of Directors to review all strategic alternatives for the corporation.

With the help of the Special Committee and advisors, the corporation is set to initiate the review process including alternatives which may be available to secure the additional funding to complete the Whabouchi mine and the Shawinigan plant.

Shares on Wednesday eased down 3.7% to $0.39 apiece in a 52-week range of $0.27 - 1.58.

Price: 0.3900, Change: -0.0150, Percent Change: -3.70