Nouveau Monde Graphite Inc. confirms it has closed its private placements previously announced on February 15, 2024, and May 1st, 2024, representing a gross aggregate amount of US$37.5 million from Mitsui & Co., Ltd. and Pallinghurst Bond Limited . For further information regarding the Private Placements, please refer to NMG's press releases dated May 1, 2024, and February 15, 2024, available under the Company's profile [...]
Nouveau Monde Graphite Inc. 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 & Co., Ltd. and Pallinghurst Bond Limited that will be completed by NMG issuing common shares and warrants in exchange for the surrender and cancellation of each of Mitsui's and Pallinghurst's convertible notes [...]
Nouveau Monde Graphite Inc. announces today the payment of accrued interests as part of a previously announced private placement announced by press release dated November 8, 2022 . Settlement of Accrued Interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange , the accrued interests owed to Investissement Québec for the first quarter of 2024 under the unsecured convertible note, as amended [...]
Through its year-end financial reports and 2023 Annual Report, Nouveau Monde Graphite Inc. 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. Strategically executing its phased development plan, NMG has continued operating its Phase-1 facilities to produce battery-grade samples and [...]
Nouveau Monde Graphite Inc. announces it has closed its private placement previously announced on February 15, 2024 of 25,000,000 common shares in the capital of the Company and 25,000,000 common share purchase warrants for aggregate gross proceeds of US$50 million in accordance with the subscription agreements entered into between the Company and each of Panasonic Holdings Corporation and General Motors Holdings LLC on [...]
Nouveau Monde Graphite Inc. is ramping up its efforts in Bécancour, Québec, to implement its Phase-2 Bécancour Battery Materials Plant. To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement. The Company is also continuing its engineering, permitting, and [...]
Mason Resources Inc. congratulates Nouveau Monde Graphite Inc. on its truly groundbreaking milestones, securing unprecedented binding offtake agreements with both Panasonic Energy and GM, as well as securing strategic financings. Mason is proud to be a 9.25% strategic shareholder of NMG . The three press releases issued earlier today can be found on NMG's website at the following: NMG Announces Offtake Agreement with GM [...]
Nouveau Monde Graphite Inc. and Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , have entered into a binding offtake agreement pursuant to which NMG will supply 18,000 tonnes per annum of its planned Phase-2 active anode material production to Panasonic Energy for an initial period of seven years. In addition to the Offtake Agreement, NMG and Panasonic also entered into a [...]
Nouveau Monde Graphite Inc. and General Motors Holdings LLC , a wholly owned subsidiary of General Motors Co. , 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. In complement to the Supply Agreement, NMG and GM entered [...]
On the back of agreed-upon offtake agreements with Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. , Nouveau Monde Graphite Inc. has rallied Mitsui & Co., Ltd and Pallinghurst Bond Limited for an aggregate combined investment of US$87.5 million to advance its development toward commercial operations [...]
Mason Resources Inc. is pleased to announce that it closed today the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project, pursuant to the previously announced asset purchase agreement dated January 21, 2024 with Nouveau Monde Graphite Inc. . In consideration for the sale of the Lac Guéret Property, Mason received 6,208,210 common shares of NMG, representing approximately 9.25% of the [...]
Nouveau Monde Graphite Inc. is pleased to announce the closing of the previously announced acquisition of the entire Lac Guéret property, targeted for the development of the Uatnan Mining Project, contemplated under an asset purchase agreement with Mason Resources Inc. dated January 21, 2024. NMG acquired 100% of Mason's Lac Guéret property, which consists among other things of 74 map-designated claims totalling 3,999.52 [...]