NMG Pays Accrued Interests
NMG Pays Accrued Interests
MONTRÉAL--(BUSINESS WIRE)--July 1, 2026--Nouveau Monde Graphite Inc. (“NMG” or
the “Company”) (NYSE: NMG, TSX: NOU) announces the payment of accrued interests as part
of a previously announced private placement.
Settlement of Accrued Interests
Upon the approval of the Toronto Stock Exchange and the New York Stock Exchange (the
“Exchanges”), the accrued interests owed to Investissement Québec (“Holder”) for the second
quarter of 2026 under the unsecured convertible note, as amended and restated, (the “Note”)
issued in connection with the private placement announced by press release dated November 8,
2022, will be deemed paid.
227,924 common shares at a price of US$1.48 (each, a “Common Share”) representing an
aggregate amount of US$337,328 will be issued and share certificates will be delivered to the
Holder at the maturity, conversion or redemption of the Note in payment of the accrued interests
due on June 30, 2026, for the second quarter of the year. The issuance of Common Shares is
subject to the approval of the Exchanges and, when issued, will be subject to a hold period of
four (4) months and one day.
The payment of interest in the form of Common Shares of the Corporation takes place in favor of
Investissement Québec, a holder of more than 10% of the securities of the Company, which
constitutes a “transaction with a related party” within the meaning of Regulation 61-101 on
measures to protect minority holders during specific transactions (“Regulation 61-101”).
However, the directors of the Company, who voted, have determined that the exemptions from
the official valuation obligation and the approval of minority holders, provided for in sections 5.5
a) and 5.7 1) a) of Regulation 61-101 respectively, may be invoked as neither the fair market
value of the shares issued to this insider nor the fair market value of the consideration paid does
not exceed 25% of the market capitalization of the Company. No director of the Company has
expressed a contrary opinion or disagreement in connection with the foregoing.
About Nouveau Monde Graphite
Nouveau Monde Graphite is an integrated company developing responsible mining and
advanced processing operations to supply the global economy with carbon-neutral advanced
graphite materials. The Company is developing in Québec, Canada, a fully integrated ore-to-
processed graphite value chain to serve tomorrow’s industries in energy, advanced technology,
and manufacturing. With recognized ESG standards and structuring partnerships with major
customers, NMG is set to become a strategic supplier of advanced materials to leading
specialized manufacturers while promoting sustainability, innovation, and supply chain
traceability. www.NMG.com
Subscribe to our news feed: https://bit.ly/3UDrY3X
Cautionary Note Regarding Forward-Looking Information
This press release contains “forward-looking information” and “forward-looking statements”
within the meaning of applicable securities laws (collectively, “forward-looking statements”).
All statements other than statements of historical fact are forward-looking statements.
These statements include, but are not limited to, statements regarding the scheduled payment of
interest on the Note, the Company’s ability to meet its obligations through the determined expiry
date of the Note, the potential conversion of the Note into common equity, the Company’s future
financial liquidity, cash flows, and operational performance.
Forward-looking statements are based on current estimates, assumptions, and beliefs of
management. They involve known and unknown risks, uncertainties, and other factors that may
cause actual results or events to differ materially from those expressed or implied.
Risk factors that could impact the Note and the interests payables under such Note include,
among others, the Company’s ability to generate sufficient cashflow from operations to service
the payment of the interest in cash or in common shares, the fluctuations in the market price of
the Company’s common shares, which may prevent the conversion criteria from being met and
force the debt to remain outstanding until maturity, and availability of sufficient cash reserves or
refinancing options to repay the full principal and accrued interest, in cash or in common
shares, upon the expiry date.
A further description of risks and uncertainties can be found in NMG’s Annual Information
Form dated March 25, 2026, including in the section thereof captioned “Risk Factors”, which is
available on SEDAR+ at www.sedarplus.ca 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.
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
(www.sedarplus.ca), and for United States readers on EDGAR (www.sec.gov), and on the
Company’s website at: www.NMG.com.
Contacts
Media
Juliana Salaun
Director, communications and public relations
Investors
Marc Jasmin
Director, Investor relations
+1-450-757-8905 #993