Nouveau Monde Announces C$20 Million Financing
Nouveau Monde Announces C$20 Million Financing
Not for distribution to U.S. news wire services or dissemination in the United States
MONTRÉAL, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Nouveau Monde Graphite Inc. (“Nouveau Monde” or “the Corporation”)
(TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9 ) is pleased to announce that it has entered into an agreement with BMO
Capital Markets (“BMO”), under which BMO has agreed to buy on bought deal basis 10,345,000 common shares (the
“Common Shares”), at a price of C$1.45 per Common Share (the “Offering Price”) for gross proceeds of approximately C$15
million (the “Public Offering”). The Corporation has granted BMO an option, exercisable, in whole or in part, and from time to
time, for a period of 30 days from and including the Closing Date (as defined herein), to purchase at the Offering Price up to an
additional 1,551,750 Common Shares, representing 15.0% of the number of Common Shares issued pursuant to the Public
Offering, order to cover for over-allotments, if any, and for market stabilization purposes. The Public Offering is expected to
close on or about January 20, 2021 (the “Closing Date”) and is subject to Nouveau Monde receiving all necessary regulatory
approvals, including the approval of the TSX Venture Exchange (the “TSX-V”).
The Corporation is also pleased to announce that it is concurrently launching a non-brokered private placement for total gross
proceeds of approximately C$5 million on the same terms as the Public Offering with institutional investors (the “Private
Placement”). In addition, investors participating in the Private Placement will each have the option to purchase a number of
additional Common Shares representing up to 15% of the number of Common Shares subscribed by each of them on closing.
Any common shares issued pursuant to the Private Placement will be subject to a statutory hold period in Canada for a period
of four months and one day. The Private Placement is expected to close in early February 2021 and will be subject to Nouveau
Monde receiving all necessary regulatory approvals, including the approval of the TSX-V. Closing of the Private Placement and
of the Public Offering are not conditional upon each other.
The Pallinghurst Group which currently holds approximately 20% of the Corporation’s Common Shares has indicated that it
intends to participate pro-rata its current ownership in both the Public Offering and the Private Placement.
The net proceeds of the Public Offering and Private Placement will be used for the Becancour value added graphite project
development, the Matawinie mine & concentrator detailed engineering and corporate general and administrative expenses.
In respect of the Public Offering, Common Shares will be offered by way of a prospectus supplement in all of the provinces of
Canada (except the territories) and may also be offered by way of private placement in the United States.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or
sold in the United States absent registration or an applicable exemption from the registration requirements. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful.
About Nouveau Monde
Nouveau Monde will be a key operator in the sustainable energy revolution. The Company is developing the only fully-
integrated source of green battery anode material in the Western World. Targeting full-scale commercial operations by early
2023, the Company will provide advanced carbon-neutral graphite-based material solutions to the growing lithium-ion and fuel
cell markets. With low-cost operations and the highest of ESG standards, Nouveau Monde will become a strategic supplier to
the World’s leading battery and auto manufacturers, ensuring robust and reliable advanced material, while guaranteeing supply
chain traceability.
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
relating to the Public Offering and the Private Placement, the expected use of proceeds, the anticipated closing date of the
Public Offering and the Private Placement, the receiving of all necessary regulatory approvals, the intention of The
Pallinghurst Group to participate in the Public Offering and the Private Placement, and the “About Nouveau Monde Graphite”
paragraph which essentially describes Nouveau Monde’s outlook and objectives, constitute “forward-looking information” or
“forward-looking statements” within the meaning of certain 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 Nouveau Monde 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. 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. Certain important estimates or assumptions by the Corporation in
making forward-looking statements include, but are not limited to, the successful closing of the Public Offering and Private
Placement, and all requisite regulatory and stock exchange approvals being obtained. There can be no assurance that these
assumptions will prove to be correct. 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.
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks
exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do
not reflect future experience. Forward-looking statements are provided for the purpose of providing information about
management’s expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these
forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ
materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in
such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these
cautionary statements and those made in our other filings with the securities regulators of Canada The Corporation 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 Corporation is available in the SEDAR database (www.sedar.com) and on the Corporation’s
website at: www.NouveauMonde.group.
Media
Julie Paquet
Director, Communications
Nouveau Monde
+1-450-757-8905 #140
Investors
Christina Lalli
Director, Investor Relations
Nouveau Monde
+1-438-399-8665