Following Shareholder Approval, NMG Set to Close Aggregate US$37.5M Private Placements by Mitsui and Pallinghurst
Nouveau Monde Graphite announces that, at the special meeting of the Company’s shareholders held today, Shareholders approved the previously announced aggregate US$37.5-million private placements from Mitsui and Pallinghurst.
NMG Pays Accrued Interests and Grants Options
Nouveau Monde Graphite announces today the payment of accrued interests as part of a previously announced private placement announced by press release dated November 8, 2022.
NMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America’s Mine-to-Battery-Material Graphite Production
Through its year-end financial reports and 2023 Annual Report, Nouveau Monde Graphite publishes a positive progress report in advancing what is projected to be North America’s first integrated source of natural graphite active anode material for electric vehicles and batteries.
NMG Announces the Successful Closing of the US$50 Million Tranche 1 Investment by GM and Panasonic
Nouveau Monde Graphite has closed its private placement for aggregate gross proceeds of US$50 million in accordance with the subscription agreements entered into between the Company and each of Panasonic and General Motors.
NMG is gearing up for its Phase 2 commercial operations in Bécancour – Innovative workforce training program established and relationships forged with contractors and suppliers
Nouveau Monde Graphite is ramping up its efforts in Bécancour, Québec, to implement its Phase-2 Bécancour Battery Materials Plant.
NMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations
On the back of agreed-upon offtake agreements with Panasonic Energy and General Motors, Nouveau Monde Graphite has rallied Mitsui and Pallinghurst for an aggregate combined investment of US$87.5 million to advance its development toward commercial operations.
NMG and Panasonic Energy Announce Binding Offtake Agreement and US$25 Million Private Placement to Secure the Supply of Active Anode Material for North American Battery Production
Nouveau Monde Graphite and Panasonic Energy have entered into a binding offtake agreement pursuant to which NMG will supply 18,000 tonnes per annum (“tpa”) of its planned Phase-2 active anode material production to Panasonic Energy for an initial period of seven years.
NMG Announces Offtake Agreement with GM for Canadian Graphite and US$150 Million Equity Investment
Nouveau Monde Graphite and General Motors have agreed to sign a supply agreement upon closing of the Tranche 1 Investment, in which NMG will provide 18,000 tonnes per annum of its expected Phase-2 active anode material output to GM upon reaching full production for an initial term of six years.