Nouveau Monde Graphite and the Municipality of Saint- Michel-des-Saints Sign Agreement in Principle Regarding the Matawinie Project
PRESS RELEASE
FOR IMMEDIATE RELEASE
Nouveau Monde Graphite and the Municipality of Saint-
Michel-des-Saints Sign Agreement in Principle Regarding
the Matawinie Project
TSXV: NOU | OTCQX: NMGRF | Frankfurt: NM9
Saint-Michel-des-Saints, QUÉBEC, August 24th, 2018 - Mr. Réjean Gouin, Mayor of the
municipality of Saint -Michel-des-Saints and Mr. Eric Desaulniers, President and CEO of
Nouveau Monde Graphite, (TSXV:NOU) («NMG») are pleased to announce the signature
of an agreement in principle on the development of the Matawinie project. This
agreement will enhance the collaboration between both parties , clearly defining the
environmental and social impacts and taking into account the concerns and needs of the
community of Saint-Michel-des-Saints in the development of the project.
Both parties wish to take practical and mutual steps in order to foster the sustainable
development of the project taking into account the environmental protection, social
responsibility and economic development of the community.
Acknowledging the fact that natural resources are one of the cornerstones of the local
development, the realization of NMG's Matawinie project will create many jobs,
increase development and economic diversification, thus enabling the municipality to
improve the environment and the living conditions of the local population.
The Board of Directors and the Senior Executives believe that this bilateral agreement
will be beneficial in the short, medium and long term to both the municipality of Saint -
Michel-des-Saints and NMG as well as to all its citizens. In keeping with NMG’ s desire to
operate a 100% electrically operated mine, this agreement strengthens the will of the
company to abide by the best business practices in the realm of soci al responsibility and
to work towards the common interests of all parties.
In addition, the municipality of Saint -Michel-des-Saints and NMG are pleased to
announce the implementation of a liaison committee that will ensure continued
dialogue between all parties involved and follow up on all the environmental and social
impacts. As a consequence, the concerns of the local population will be forwarded to
NMG ensuring the development and economic benefits of the project will be shared by
all members of the community.
About Municipalité de Saint-Michel-des-Saints
Saint-Michel-des-Saints is a municipality of Qu ébec located in the MRC of Matawinie in
Lanaudière. Its population totals nearly 2,360 inhabitants. During its history, agriculture,
forestry and recreational tourism activities have been the basis of the municipality's
economic activities. The construction, restaurant, transportation and warehousing and
retail sectors also contribute to economic development, accounting for more than half
of all businesses.
About Nouveau Monde Graphite
In 2015, Nouveau Monde Graphite discovered a major and high -quality graphite deposit
on its Matawinie property, located in Saint -Michel-des-Saints, 150 north of Montreal,
Quebec. The discovery led to the announcement of a prefeasibility study on October 25,
2017. The prefeasibility results revealed projected graphite concentrate production
levels of 52,000 tonnes per year over a 27-year period. In the summer of 2018, NMG will
be launching its first tonnes of concentrated graphite flake manufactured in
demonstration plant. NMG’s demonstration plant has been built for a production
capacity of 2,000 tonnes of concentrated flake for a two-year period.
Moreover, in a vertical integration and sustainable development perspective, the
company is planning the establishment of a large -scale graphite secondary
transformation facility, catering the needs of the boomin g lithium-ion battery market.
With over 60 years of experience in the world of graphite, NMG’s team develops its
projects with the utmost respect of neighboring communities, while favoring a minimal
ecological footprint. NMG’s project is privileged by dire ct access to the workforce and
infrastructure needed to operate its mining project, and it can also rely on an abundant,
affordable and renewable source of hydroelectricity.
For more information :
Eric Desaulniers Tristan C. Menard
President & CEO Executive Vice-President, Capital Markets
Tel: +1 (819) 923-0333 Tel: +1 (514) 296-6339
www.nouveaumonde.ca
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
All statements, other than statements of historical fact, contained in this press release including, but
not limited to the “About Nouveau Monde Graphite” paragraphs which essentially describe the
Corporation’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 the Corporation
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.
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 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.
Further information regarding Nouveau Monde is available in the SEDAR database (www.sedar.com)
and on the Corporation’s website at: www.nouveaumonde.ca.