Oct 15 (Reuters) - Nemaska Lithium Inc NMX.TO :
* NEMASKA LITHIUM PROVIDES UPDATE ON THE WHABOUCHI PROJECT
* CORPORATION NEEDS TO DOWNSIZE BY LETTING GO OF 64 EMPLOYEES FOR WHABOUCHI PROJECT
* PHASE 1 PLANT OF WHABOUCHI PROJECT WILL CEASE OPERATIONS AT END OF DECEMBER 2019
* DEPENDING ON SITE, DATES OF EMPLOYMENT TERMINATION WILL OCCUR BETWEEN END OF OCTOBER AND END OF DECEMBER 2019
* ADJUST IMPLEMENTATION OF WHABOUCHI PROJECT MAINLY BECAUSE OF DELAYS TO FINALIZE ITS FINANCING