Nouveau Monde Graphite and Panasonic Energy diligently progress through their technological engagement and commercial discussions toward a definitive offtake agreement on the foundation of their framework agreement targeting NMG’s fully integrated ore-to-anode-material production.
Nouveau Monde Graphite held today its virtual Annual General and Special Meeting of Shareholders. The Meeting was complemented with a corporate presentation by NMG’s management team providing shareholders with an update on the Company’s key projects, commercial engagement, and growth plan.
Within a soaring market environment, Nouveau Monde Graphite diligently progresses toward the commercial Phase 2 of its business strategy and releases its 2022 ESG Report, further positioning itself as a driving force in the clean energy transition.
On the foundation of their 2021 collaboration agreement and of technical work achieved together over the past two years, Nouveau Monde Graphite and Caterpillar have signed definitive agreements to supply NMG’s Matawinie Mine with an integrated solution that covers a zero-exhaust emission fleet, supporting infrastructure, and service.
Nouveau Monde Graphite closed today its previously announced underwritten public offering of 4,850,000 of its common shares at a price of US$4.55 per Common Share for aggregate gross proceeds of approximately US$22 million. The Offering was conducted on a bought deal basis through a syndicate of underwriters led by BMO Capital Markets and Cormark Securities Inc.