NMG Engages Hybrid Financial and Announces Cancellation of Options
NMG Engages Hybrid Financial and Announces Cancellation of Options
MONTRÉAL--(BUSINESS WIRE)--December 1, 2022--Nouveau Monde Graphite Inc. (the
"Company" or "Nouveau Monde") (TSXV:NOU; NYSE: NMG) is pleased to announce that it
has, subject to all required regulatory approvals, including the approval of the TSX Venture
Exchange (the "Exchange"), retained Hybrid Financial Ltd. ("Hybrid") to provide assistance in
all aspects of a marketing campaign for the Company, pursuant to an agreement entered into
between the Company and Hybrid effective as of December 1, 2022 (the "Hybrid Agreement").
The services provided by Hybrid to the Company are the access and use of a database of
registered financial professionals in North America (the "Services"). Hybrid is not promoting the
specific purchase or sale of securities. It provides its database, technology, email tracking and
call center services to enable the Company to disseminate its information to financial
professionals only. Hybrid provides its services directly to the Company.
Hybrid has agreed to comply with all applicable securities laws and the policies of the Exchange
in providing the Services.
Modalities
Pursuant to the Hybrid Agreement, Hybrid has been retained by the Company for an initial
period of six months. Upon expiration of the initial term, the Hybrid Agreement shall be renewed
upon written agreement between the parties for successive three-month periods thereafter, unless
terminated by the Company in accordance with the Hybrid Agreement. Hybrid will be paid a fee
in the amount of $15,000 per month, plus applicable taxes, during the initial term and any
extensions. Steve Marshall will be the responsible person.
Except the Hybrid Agreement, there is no relationship between Hybrid and the Company, nor is
there any direct or indirect interest in the Company or its securities or any right or intent to
acquire such an interest on the part of Hybrid.
Cancellation of Options
The Company is seeking approval from the Exchange to cancel 487,804 options (the "Initial
Options") granted to SD Capital and GKB Ventures, consultants of the Company and grant
453,048 new options (the "New Options") to the same consultants. The Initial Options have an
exercise price of $8.20, vest on the closing of the project financing of the Company for both the
Matawinie Mine project and Bécancour Battery Material Plant project (the "Project Financing")
and expire on March 28, 2024.
The New Options will have an exercise price of $8.20, will vest on the closing of the Project
Financing (no later than March 28, 2025) and will expire two (2) years following the vesting of
the New Options.
About Hybrid Financial
Hybrid Financial connects issuers to the investment community across North America. Using a
data-driven approach, Hybrid provides its clients with comprehensive coverage of both
American and Canadian markets. Hybrid Financial has offices in Toronto and Montreal.
About Nouveau Monde Graphite
NMG is striving to become a key contributor to the sustainable energy revolution. The Company
is working towards developing a fully integrated source of carbon-neutral battery anode material
in Québec, Canada for the growing lithium-ion and fuel cell markets. With low-cost operations
and enviable ESG standards, NMG 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. www.NMG.com
Subscribe to our news feed: https://NMG.com/investors/#news
Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release including,
but not limited to those statements which are discussed under the “About Nouveau Monde
Graphite” paragraph and elsewhere in the press release which essentially describe the
Company’s outlook and objectives, constitute “forward-looking information” or “forward-
looking statements” (collectively, “forward-looking statements”) within the meaning of
Canadian and United States securities laws, and are based on expectations, estimates and
projections as of the time of this press release. Forward-looking statements are necessarily
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
may prove to be incorrect. Moreover, these forward-looking statements were based upon various
underlying factors and assumptions, including the current technological trends, the business
relationship between the Company and its stakeholders, the ability to operate in a safe and
effective manner, the timely delivery and installation of the equipment supporting the production,
the Company’s business prospects and opportunities and estimates of the operational
performance of the equipment, 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, 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
favorable 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. A further
description of risks and uncertainties can be found in NMG’s Annual Information Form dated
March 22, 2022, including in the section thereof captioned “Risk Factors”, which is available
on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. 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 the Company is available in the SEDAR database
(www.sedar.com), and for United States readers on EDGAR (www.sec.gov), and on the
Company’s website at: www.NMG.com
Contacts
MEDIA
Julie Paquet
VP Communications & ESG Strategy
+1-450-757-8905 #140
INVESTORS
Marc Jasmin
Director, Investor Relations
+1-450-757-8905 #993