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.
Nouveau Monde Graphite announces that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Cormark Securities Inc., pursuant to which the Underwriters have agreed to buy on a bought-deal basis 4,850,000 common shares of the Company, at a price of US$4.55 per Common Share, for aggregate gross proceeds of approximately US$22 million.
Nouveau Monde Graphite publishes a positive progress report in advancing a North American integrated source of graphite-based solutions for the energy transition through its year-end financial reports and 2022 Annual Report.
Following the publishing of results on January 10, 2023, Nouveau Monde Graphite has filed the preliminary economic assessment for the Uatnan mining project located in Québec, Canada. The PEA shows strong economics for NMG’s updated operational parameters and production volumes targeting the production of approximately 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine.