Nemaska Lithium is pleased to announce that it has closed, as of January 18, 2012, a second tranche of a brokered private placement of an aggregate of 21,750,000 common shares in the capital of the Corporation, at a price of $0.40 per Common Share for aggregate gross proceeds of $8,700,000 to the Corporation, the first tranche of which was previously announced and closed as of December 22, 2011