Caterpillar and NMG Strengthen their Zero-Exhaust Emission Collaboration Through Definitive Agreements for Sourcing the Matawinie Mine’s Fleet and Infrastructure, Plus an Offtake MoU Targeting NMG’s Battery Materials
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.
NMG Announces Closing of US$22 Million Public Offering of Common Shares in the United States and Canada
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.
NMG Announces US$22 Million Financing
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.
NMG Pays Accrued Interests
Nouveau Monde Graphite announces today the payment of accrued interests as part of a previously announced private placement.
NMG Provides Operational Update and Files 2022 Financial Reports: Progress in Developing what is Planned to Be North America’s Largest Integrated Source of Natural Graphite Materials for the Energy Transition
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.
NMG Files Preliminary Economic Assessment for the Uatnan Mining Project Amidst Positive Market Conditions and Strengthens its Management Team
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.
NMG Obtains Financial Levers of Up to CA$3.6 Million to Further Develop its Advanced Transformation Processes for Environmentally Friendly Anode Material
In line with its strategy of full vertical integration, Nouveau Monde Graphite is continuing to develop its advanced graphite transformation technologies to supply the Western battery and EV market with environmentally friendly anode material.
NMG Announces the Engagement of Red Cloud Securities and Specifies the Grant of Consultant Options
Nouveau Monde Graphite announces the engagement of Red Cloud Securities to provide liquidity services to the Company and specifies the conditions of the new options granted on December 1, 2022.
