Nouveau Monde Stock Price, News & Analysis

Nouveau Monde Graphite (NMG) has released its 2022 ESG Report, showcasing advancements in climate action, biodiversity management, Indigenous relations, governance, and stakeholder engagement. The company is progressing towards the commercial Phase 2 of its business strategy, positioning itself as a driving force in the clean energy transition.

Key developments include:

• Signing definitive agreements with Caterpillar for zero-exhaust emission fleet and infrastructure at the Matawinie Mine
• Advancing technical and commercial parameters for a multi-year offtake agreement with Panasonic Energy
• Securing approximately US$22 million through public financing and up to CA$3.6 million in R&D grants
• Nominating Stéphane Imbeault as Vice President, Bécancour Project
• Participating in major commercial and investment events to elevate NMG's visibility

NMG's Phase-1 operations continue to produce graphite materials for product qualification with leading battery and EV manufacturers. The company is actively advancing plans for its Phase-2 Matawinie Mine and Bécancour Battery Material Plant.

Nouveau Monde Graphite (NMG) has announced a partnership with Caterpillar (CAT) to develop an integrated solution for a zero-exhaust emission fleet and supporting infrastructure for NMG's Matawinie Mine in Québec. This agreement builds on a 2021 collaboration and includes the supply of carbon-neutral graphite materials to Caterpillar for its battery supply chain. NMG's Matawinie Mine aims to be the world's first all-electric open-pit mine, showcasing sustainable mining technology. The collaboration includes the testing of Caterpillar's electric machines, with an objective to transition to all-electric operations within five years. Additionally, a framework for equipment procurement and maintenance has been established to minimize initial capital intensity while enhancing operational efficiency.

Nouveau Monde Graphite (NMG) has successfully completed an underwritten public offering, raising approximately US$22 million by selling 4,850,000 common shares at US$4.55 per share. The offering was managed by a syndicate led by BMO Capital Markets and Cormark Securities Inc.. The proceeds are earmarked for advancing the Matawinie Mine Project and Bécancour Battery Material Plant Project towards a final investment decision and project financing, alongside funding the Uatnan Mining Project and general corporate expenses. The company has filed a final prospectus supplement in Canada and the U.S. as part of the offering process.

Nouveau Monde Graphite Inc. (NYSE: NMG) has announced an agreement with underwriters, led by BMO Capital Markets and Cormark Securities Inc., for a bought-deal of 4,850,000 common shares at US$4.55 each, totaling approximately US$22 million. An additional 15% over-allotment option is also available.

Following the offering, NMG plans a non-brokered private placement of up to 2,938,753 shares to allow existing shareholders to exercise their pre-emptive rights.

The net proceeds will support the Matawinie Mine Project, the Bécancour Battery Material Plant Project, and the Uatnan Mining Project. The offering is expected to close around April 17, 2023, pending regulatory approvals.

On April 11, 2023, Nouveau Monde Graphite Inc. (NMG) announced a bought-deal offering of 4,850,000 common shares at US$4.55 each, aiming to raise approximately US$22 million. The underwriters include BMO Capital Markets and Cormark Securities. An additional 15% over-allotment option is available for 30 days post-offering. NMG also plans a non-brokered private placement of up to 2,938,753 shares, intended for shareholder rights exercise, with a potential additional 440,814 shares. Proceeds will fund the Matawinie Mine and Bécancour Battery Material Plant projects, along with general corporate needs. The offering is anticipated to close around April 17, 2023, pending regulatory approvals. A detailed prospectus will be filed in accordance with U.S. and Canadian securities regulations.

On April 6, 2023, Black Swan Graphene (OTCQB: BSWGF) announced the completion of an Equity Swap and a Supply Agreement with Nationwide Engineering Research and Development Ltd (NERD). Both companies now own approximately 5% of each other's shares, fostering a strategic partnership to enhance the integrated supply chain for graphene-enhanced concrete.

NERD has developed Concretene, a graphene-enhanced concrete admixture that can reduce CO2 emissions by about 30% while improving strength and reducing material costs. The partnership aims to leverage these advancements in technology and sustainability across the global construction industry.

Additionally, Arup Group has partnered with NERD, acquiring a 4.2% stake, further promoting the adoption of Concretene in major projects with entities like Heathrow and Manchester Airports.

Nouveau Monde Graphite Inc. (NYSE: NMG) has announced the payment of accrued interests related to its previously announced private placement. A total of 234,039 common shares will be issued at a price of US$5.11 each, amounting to US$1,195,938. This payment is due for the first quarter of 2023 and is subject to approval from the NYSE and TSX Venture Exchange. Additionally, the company plans to amend its unsecured convertible notes by removing interest capitalization, increasing the interest rate, and allowing share certificates to be delivered upon maturity. This development reflects NMG's ongoing commitment to its growth strategy.