Latest news with #NouveauMonde
National Post
17-06-2025
- Business
- National Post
NMG Discloses Annual General & Special Meeting Voting Results and Obtains Industry Recognition
Article content Appointment of the Directors and adoption of all resolutions submitted to shareholders Nomination at Fastmarkets' Volta Awards in Best New Project, Innovation of the Year and Leader of the Year categories Article content MONTRÉAL — Nouveau Monde Graphite Inc. ('NMG' or the 'Company') ( NYSE: NMG, TSX: NOU) held today its virtual Annual General and Special Meeting of Shareholders (the 'Meeting') which was supplemented with a corporate presentation on market perspectives and the Company's progress toward bringing its Phase-2 Matawinie Mine and Bécancour Battery Material Plant to final investment decision ('FID'). Article content Arne H Frandsen, former Chair of NMG, announced: 'These are exciting and dynamic times, with Western economies reshaping their trade, economic development, energy, and defense agendas. NMG is well positioned, in a stable and recognized jurisdiction, to market its turnkey source of active anode material to manufacturers and governments hungry for minerals. I am delighted to see Daniel stepping up to lead the Board for this next chapter at NMG, best of success to Team Nouveau Monde!' Eric Desaulniers, Founder, President, and CEO of NMG, declared: 'While current geopolitics are challenging market conditions, we see continued growth in electric vehicles ('EVs') sales and deployment of energy storage systems for renewable power and data centers across the world. We maintain active engagement with our customers and targeted financial stakeholders to define and strengthen the commercial and financing framework of our integrated Phase-2 projects. And to guide our Company's next phase of development and growth, we welcome to the Board newly appointed experienced executives as Directors; bienvenue Paola and Judith! I take this opportunity to thank again our long-time investor Pallinghurst for their instrumental support over the years, as well as Jamie Scarlett for his contribution to the Company's sound governance.' Daniel Buron, new Chair of NMG, stated: 'I am happy to transition from Lead Independent Director to Chair of NMG to steer the Company amid this period of complex changes as we prepare for FID. I would like to also extend my appreciation to Arne, Andrew and Jamie for their guidance and contribution to the Board.' Matters Voted upon at the Meeting and Results Each of the seven nominees listed in the Company's management information circular dated May 14, 2025, provided in connection with the Meeting were appointed as Directors of the Company. Article content 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; the ratification and confirmation of the Company's omnibus plan, as amended at the Meeting by the shareholders; as well as the approval of stock options granted to directors, officers and employees. Article content 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 NMG's profile on SEDAR+ at and on EDGAR at Article content Industry Recognition Article content Fastmarkets, a leading cross-commodity price reporting agency in the metals and mining market, has nominated NMG for three Voltas Awards: Article content Best New Project for the Matawinie Mine, set to supply the North American battery-to-EV supply chain with 106,000 tpa of graphite concentrate. Innovation of the Year for the Company's hydroelectricity-powered, traceable ore-to-battery-material value chain at the future Phase-2 Matawinie Mine and Bécancour Battery Material Plant. Leader of the Year for Eric Desaulniers, in recognition of his visionary development of an integrated and ESG-aligned value chain, from ore to active anode material, backed by strategic partnerships with OEMs. Article content The awards are to be announced at Fastmarkets' Lithium Supply and Battery Raw Materials Conference 2025, to be held next week in Las Vegas. Article content About Nouveau Monde Graphite Article content Nouveau Monde Graphite is an integrated company developing responsible mining and advanced processing operations to supply the global economy with carbon-neutral active anode material to power EV and renewable energy storage systems. The Company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Québec, Canada. With recognized ESG standards and structuring partnerships with anchor customers, NMG is set to become a strategic supplier to the world's leading lithium-ion battery and EV manufacturers, providing advanced materials while promoting sustainability and supply chain traceability. Article content Subscribe to our news feed: Cautionary Note Regarding Forward-Looking Information This press release contains 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities legislation (collectively, 'forward-looking statements'), including, but not limited to, the Company's ability to secure its project financing and to secure a positive FID, the completion of the Phase-2 Matawinie Mine and Bécancour Battery Material Plant, and those statements which are discussed under the 'About Nouveau Monde' paragraph and elsewhere in the press release which essentially describe the Company's outlook and objectives. Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions are not guarantees of future performance and may prove to be incorrect. Moreover, these forward-looking statements are based upon various underlying factors and assumptions, including the business relationship between the Company and its stakeholders, the ability to obtain sufficient financing for the development of the Matawinie Mine and the Bécancour Battery Material Plant, the Company's ability to satisfy the due diligence processes of the stakeholders, and are not guarantees of future performance. Forward-looking 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 statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, availability financing or financing on favorable terms for the Company, delays in the reaching FID, and general economic conditions, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. A further description of risks and uncertainties can be found in NMG's Annual Information Form dated March 31, 2025, including in the section thereof captioned 'Risk Factors', which is available on SEDAR+ at and on EDGAR at 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. Further information regarding the Company is available in the SEDAR+ database ( and for United States readers on EDGAR ( and on the Company's website at: Article content Article content Article content Article content Contacts Article content
Yahoo
17-06-2025
- Business
- Yahoo
NMG Discloses Annual General & Special Meeting Voting Results and Obtains Industry Recognition
Appointment of the Directors and adoption of all resolutions submitted to shareholders Nomination at Fastmarkets' Volta Awards in Best New Project, Innovation of the Year and Leader of the Year categories MONTRÉAL, June 17, 2025--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. ("NMG" or the "Company") (NYSE: NMG, TSX: NOU) held today its virtual Annual General and Special Meeting of Shareholders (the "Meeting") which was supplemented with a corporate presentation on market perspectives and the Company's progress toward bringing its Phase-2 Matawinie Mine and Bécancour Battery Material Plant to final investment decision ("FID"). Arne H Frandsen, former Chair of NMG, announced: "These are exciting and dynamic times, with Western economies reshaping their trade, economic development, energy, and defense agendas. NMG is well positioned, in a stable and recognized jurisdiction, to market its turnkey source of active anode material to manufacturers and governments hungry for minerals. I am delighted to see Daniel stepping up to lead the Board for this next chapter at NMG, best of success to Team Nouveau Monde!" Eric Desaulniers, Founder, President, and CEO of NMG, declared: "While current geopolitics are challenging market conditions, we see continued growth in electric vehicles ("EVs") sales and deployment of energy storage systems for renewable power and data centers across the world. We maintain active engagement with our customers and targeted financial stakeholders to define and strengthen the commercial and financing framework of our integrated Phase-2 projects. And to guide our Company's next phase of development and growth, we welcome to the Board newly appointed experienced executives as Directors; bienvenue Paola and Judith! I take this opportunity to thank again our long-time investor Pallinghurst for their instrumental support over the years, as well as Jamie Scarlett for his contribution to the Company's sound governance." Daniel Buron, new Chair of NMG, stated: "I am happy to transition from Lead Independent Director to Chair of NMG to steer the Company amid this period of complex changes as we prepare for FID. I would like to also extend my appreciation to Arne, Andrew and Jamie for their guidance and contribution to the Board." Matters Voted upon at the Meeting and Results Each of the seven nominees listed in the Company's management information circular dated May 14, 2025, provided in connection with the Meeting were appointed as Directors of the Company. 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; the ratification and confirmation of the Company's omnibus plan, as amended at the Meeting by the shareholders; as well as the approval of stock options granted to directors, officers and employees. The complete voting results for each item of business are as follows: ELECTION OF DIRECTORS Name of Nominee Votes in Favor % Votes in Favor Votes Withheld % Votes Withheld Daniel Buron 109,209,358 99.94% 62,766 0.06% Eric Desaulniers 109,221,111 99.95% 51,013 0.05% Paola Farnesi 109,207,877 99.94% 64,247 0.06% Édith Jacques 109,210,864 99.94% 61,260 0.06% Stéphane Leblanc 109,208,941 99.94% 63,183 0.06% Nathalie Pilon 109,214,969 99.95% 57,155 0.05% Chantal Sorel 109,208,172 99.94% 63,952 0.06% APPOINTMENT AND COMPENSATION OF PRICEWATERHOUSE COOPERS LLP AS AUDITOR Votes in Favor % Votes in Favor Votes Withheld % Votes Withheld 113,460,899 99.92% 93,445 0.08% AMENDMENT OF THE PROPOSED RESOLUTION ON THE OMNIBUS PLAN OF THE COMPANY Votes in Favor % Votes in Favor Votes Against % Votes Against 113,460,899 99.99% 300 0.01% RATIFICATION AND CONFIRMATION OF THE COMPANY'S OMNIBUS PLAN, AS AMENDED AT THE MEETING BY THE SHAREHOLDERS Votes in Favor % Votes in Favor Votes Against % Votes Against 108,117,493 98.94% 1,154,631 1.06% APPROVAL OF STOCK OPTIONS GRANTED TO DIRECTORS, OFFICERS AND EMPLOYEES Votes in Favor % Votes in Favor Votes Against % Votes Against 87,937,683 98.12% 1,685,638 1.88% 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 NMG's profile on SEDAR+ at and on EDGAR at Industry Recognition Fastmarkets, a leading cross-commodity price reporting agency in the metals and mining market, has nominated NMG for three Voltas Awards: Best New Project for the Matawinie Mine, set to supply the North American battery-to-EV supply chain with 106,000 tpa of graphite concentrate. Innovation of the Year for the Company's hydroelectricity-powered, traceable ore-to-battery-material value chain at the future Phase-2 Matawinie Mine and Bécancour Battery Material Plant. Leader of the Year for Eric Desaulniers, in recognition of his visionary development of an integrated and ESG-aligned value chain, from ore to active anode material, backed by strategic partnerships with OEMs. The awards are to be announced at Fastmarkets' Lithium Supply and Battery Raw Materials Conference 2025, to be held next week in Las Vegas. About Nouveau Monde GraphiteNouveau Monde Graphite is an integrated company developing responsible mining and advanced processing operations to supply the global economy with carbon-neutral active anode material to power EV and renewable energy storage systems. The Company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Québec, Canada. With recognized ESG standards and structuring partnerships with anchor customers, NMG is set to become a strategic supplier to the world's leading lithium-ion battery and EV manufacturers, providing advanced materials while promoting sustainability and supply chain traceability. Subscribe to our news feed: Cautionary Note Regarding Forward-Looking InformationThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"), including, but not limited to, the Company's ability to secure its project financing and to secure a positive FID, the completion of the Phase-2 Matawinie Mine and Bécancour Battery Material Plant, and those statements which are discussed under the "About Nouveau Monde" paragraph and elsewhere in the press release which essentially describe the Company's outlook and objectives. Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions are not guarantees of future performance and may prove to be incorrect. Moreover, these forward-looking statements are based upon various underlying factors and assumptions, including the business relationship between the Company and its stakeholders, the ability to obtain sufficient financing for the development of the Matawinie Mine and the Bécancour Battery Material Plant, the Company's ability to satisfy the due diligence processes of the stakeholders, and are not guarantees of future performance. Forward-looking 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 statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, availability financing or financing on favorable terms for the Company, delays in the reaching FID, and general economic conditions, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. A further description of risks and uncertainties can be found in NMG's Annual Information Form dated March 31, 2025, including in the section thereof captioned "Risk Factors", which is available on SEDAR+ at and on EDGAR at 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. Further information regarding the Company is available in the SEDAR+ database ( and for United States readers on EDGAR ( and on the Company's website at: View source version on Contacts MEDIAJulie PaquetVP Communications & ESG Strategy+1-450-757-8905 #140jpaquet@ INVESTORSMarc JasminDirector, Investor Relations+1-450-757-8905 #993mjasmin@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
11-06-2025
- Business
- The Market Online
Junior graphite miner surpasses $1B in proposed financing
Junior miner Nouveau Monde Graphite (TSX:NOU) has received more than US$1 billion in non-binding letters of interest for debt financing to develop its phase-2 Matawinie mine and Bécancour battery material plant in Quebec The project holds an estimated net present value of US$1.05 billion Nouveau Monde is developing graphite mining and processing operations to supply carbon-neutral active anode material for electric vehicles and renewable energy storage systems Nouveau Monde Graphite stock has given back 8.2 per cent year-over-year but remains up by 18.6 per cent since 2020 Junior miner Nouveau Monde Graphite (TSX:NOU) has received more than US$1 billion in non-binding letters of interest for debt financing from institutional funds and export credit agencies to develop its phase-2 Matawinie mine and Bécancour battery material plant in Quebec. Potential deals include US$430 million from Export Development Canada, US$172 million from the Export–Import Bank of the United States, and over US$481 million from undisclosed parties interested in the project's strategic and economic significance. Ongoing discussions are centred on long-term debt with maturities beyond 10 years with no capital repayment during project construction. The feasibility-stage mine and battery material plant has been shown to be economically viable for the production of natural graphite and active anode material, boasting an estimated net present value of US$1.05 billion, initial CAPEX of US$1.32 billion, a payback period of only 5 years, and over 8 million tons of graphite resources and reserves to be processed over a 25-year mine life. According to Wednesday's news release, Nouveau Monde is advancing due diligence towards a final investment decision for phase-2 operations, covering the project's corporate, technical, market and ESG components, with eyes on capitalizing on rising graphite demand and the fast-growing North American battery and EV sector. Leadership insights 'We have been extremely busy in the past weeks to present the results of our updated feasibility study and engage with our financial stakeholders to advance our project financing,' Eric Desaulniers, founder, president and chief executive officer of Nouveau Monde Graphite, said in a statement. 'Feedback has been positive as demonstrated by the quality of lenders rallying behind our business plan. Economies around the world are seeking opportunities to relocate and secure critical minerals mining and processing to enable local manufacturing, economic resilience, energy autonomy and national security.' About Nouveau Monde Graphite Nouveau Monde is developing graphite mining and processing operations to supply carbon-neutral active anode material for electric vehicles and renewable energy storage systems. Nouveau Monde Graphite stock (TSX:NOU) is up by 9.44 per cent on the news trading at C$2.55 as of 11:50 am ET. The stock has given back 8.2 per cent year-over-year but remains up by 18.6 per cent since 2020. Join the discussion: Find out what everybody's saying about this graphite stock on the Nouveau Monde Graphite Inc. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
