Nouveau Monde Announces the Issuance of Common Shares IN Settlement of Interests Owed to a Bondholder
PRESS RELEASE
For immediate release
NOUVEAU MONDE ANNOUNCES THE ISSUANCE OF
COMMON SHARES IN SETTLEMENT OF INTERESTS OWED TO A
BONDHOLDER
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES
SAINT-MICHEL-DES-SAINTS, QUEBEC, December 31, 2020 – Nouveau Monde Graphite (“Nouveau
Monde” or the “ Corporation”) ( TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) announce s the
issuance of an aggregate of 766,351 common shares of its share capital (the “Common Shares”) at
a price of $1.04 per Common Share, in settlement of interests owed on a secured convertible bond
in the principal amount of $15 million issued by the Corporation to Pallinghurst Graphite Limited
(“Pallinghurst”) as announced in the press release dated July 15, 2020.
The payment of interest in the form of Common Shares of the Corporation takes place in favor of
Pallinghurst, a holder of more than 10% of the securities of the Corporation, which constitutes a
“transaction with a related party” within the meaning of Regulation 61-101 on measures to protect
minority holder s during specific transactions (“Regulation 61 -101”) and within the meaning of
Policy 5.9 the Stock Exchange - Measures to protect minority holders during specific transactions .
However, the directors of the Corporation, 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 n or the fair market value of the consideration paid does not
exceed 25% of the market capitalization of the Corporation. No director of the Corporation has
expressed a contrary opinion or disagreement in connection with the foregoing
The issuance of Common Shares is conditional upon the approval of the TSX Venture Exchange and
will be subject to a hold period of 4 months and one day.
A material change report relating to this transaction with a related party will be filed by Nouveau
Monde no later than 21 day s prior to the date on which the Common Shares are expected to be
issued as the conditions in connection with the issuance of the Common Shares were not
determined.
About Nouveau Monde
Nouveau Monde will be a key operator in the sustainable energy revolution. The Corporation 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 Corporation 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 lead ing battery and auto manufacturers, ensuring robust and
reliable advanced material, while guaranteeing supply chain traceability.
Media Investors
Julie Paquet
Director, Communications
450-757-8905 #140
Christina Lalli
Director, Investor Relations
438-399-8665
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Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release including,
but not limited to the issuance of Common Shares to Pallinghurst as settlement of debts owed and,
generally, the “About Nouveau Monde Graphite” paragraph w hich 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 ti me 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, econ omic
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 tho se 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. Nouveau Monde disclaims any
intention or obligation to update or revise any forward -looking statements or to explain a ny
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 Nouveau Monde is available in the SEDAR database
(www.sedar.com) and on Nouveau Monde’s website at: www.NouveauMonde.ca.