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Nouveau Monde Provides an Update on its Business Plan Targeting the Battery and EV Markets and Announces Voting Results from its Annual General Meeting of Shareholders29.06.2021 | 19:08 Uhr | GlobeNewswire
MONTREAL, June 29, 2021 -- At today's Annual General and Special Meeting of Shareholders (the "Meeting"), Nouveau Monde Graphite Inc. ("Nouveau Monde" or the "Company") (NYSE: NMG, TSXV : NOU; Frankfurt : NM9A) presented an update on its projects and corporate development and obtained approval of all Meeting items. The Company is rigorously executing its phased business plan as it strives to become the Western World's largest, and North America's only, fully integrated lithium-ion battery anode material producer. Arne H Frandsen, Chairman of Nouveau Monde, commented: "What a transformative year this has been! From securing the environmental authorization for the Matawinie mining project and commercial partnership with Olin for the B?cancour battery material plant, to strengthening our sustainability commitment and elevating our visibility on capital markets, the progress made is substantial in all aspects of the Company. We are continuing to demonstrate how our de-risked development plan can support a scaled growth to help meet the exponential demand in high-quality battery anode material." With a projected 410% growth through 2030 - the strongest growth of the key battery raw materials (Benchmark Mineral Intelligence, January 2021) - graphite is critical to support the global electrification and energy transition. Nouveau Monde has continued to make progress towards the development of its vertically integrated business model with the objective of beginning commercial production by the end of 2023, in time for the projected graphite demand/offer imbalance. Eric Desaulniers, Founder, President and CEO of Nouveau Monde, added "Thanks to our Phase-1 production units for every step of our value chain, the foundation for our projects is now solidly in place to support the next phase of our development aimed at commercial production. The initial steps in the construction of the Matawinie mining project have begun with the first ore expected in Q4-2023 while the definitive feasibility study for our 45,000-tpa B?cancour battery material plant advances in parallel. Through our recent financing, we have rallied top-tier institutional investors to our unique business model anchored in sustainability and our long-term growth vision, thus providing us with the funds needed to support this continued development." At the Meeting, management presented its 12-month roadmap for this development:
Matters Voted upon at the Meeting Shareholders also adopted all other resolutions submitted for their approval, including the appointment of PricewaterhouseCoopers LLP as the auditors of the Company to hold office until the close of the next annual meeting of the Company and the authority given to directors to set its compensation, and the ratification and confirmation of the stock option plan of the Company. The complete voting results for each item of business are as follows: ELECTION OF DIRECTORS
APPOINTMENT AND COMPENSATION OF AUDITORS
RATIFICATION AND CONFIRMATION OF THE COMPANY'S STOCK OPTION PLAN
Details of the voting results on all matters considered at the Meeting are available in the Company's report of voting results, which is available under Nouveau Monde's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. About Nouveau Monde Nouveau Monde is striving to become a key contributor to the sustainable energy revolution. The Company is working towards developing a fully integrated source of green battery anode material in Qu?bec, Canada. Targeting commercial operations by 2023, the Company is developing advanced carbon-neutral graphite-based material solutions for the growing lithium-ion and fuel cell markets. With low-cost operations and enviable ESG standards, Nouveau Monde aspires to become a strategic supplier to the world's leading battery and automobile manufacturers, providing high performing and reliable advanced materials while promoting sustainability and supply chain traceability.
Subscribe to our news feed: https://nouveaumonde.group/investors/#news Cautionary Note Regarding Forward-Looking Information Forward-looking information and statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking information and statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, delays in the scheduled delivery times of the equipment, the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability of financing or financing on favourable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, the risks of obtaining the necessary permits, the operating performance of the Company's assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the Company's businesses, political and social acceptability risk, environmental regulation risk, currency and exchange rate risk, technological developments, the impacts of the global COVID-19 pandemic and the governments' responses thereto, and general economic conditions, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. Unpredictable or unknown factors not discussed in this Cautionary Note could also have material adverse effects on forward-looking statements. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Further information regarding Company is available in the SEDAR database (www.sedar.com) and on the Company's website at: www.NouveauMonde.group A chart accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1c735fbf-9bb3-44ee-a714-32c88f56bbc5 Dieser Artikel stammt von Rohstoff-Welt.de
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