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Nouveau Monde Graphite Announces $10,000,000 Private Placement

Financings

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION

IN THE UNITED STATES

Nouveau Monde Graphite Announces $10,000,000 Private Placement

SAINT-MICHEL-DES-SAINTS, QUEBEC, August 9, 2017

Nouveau Monde Graphite Inc. (TSX VENTURE:NOU )(OTCQB:NMGRF)(FRANKFURT:NM9) (“Nouveau

Monde” or the “Corporation”) is pleased to announce that it has entered into a letter of engagement with Eight

Capital as lead agent, on behalf of a syndicate of agents including Jett Capital Advisors, LLC , Echelon Wealth

Partners and Haywood Securities Inc. (together, the “Agents”), under which the Agents have agreed to offer for sale

units of the Corporation (the “Units”), on a “ best effort” private placement basis, subject to all required regulatory

approvals, at a price per Unit of $ 0.30 (the “Offer ing Price”), for total gross proceeds of up to approximately

$10,000,000 (the “Offering”). Each Unit shall consist of one common share of the Corporation (a “Share”) and one-

half of one common share purchase warrant (a “Warrant”). Each Warrant shall entitle the holder thereof to acquire

one Share at a price of $0.40 for a period of 24 months following the Closing Date.

The Corporation has granted the Agents an over-allotment option to offer for sale up to an additional 15% of the

Units at the Offering Price, exercisable in whole or in part, at any time on or prior to 48 hours prior to the closing of

the Offering.

The net proceeds of the Offering will be used for working capital and general corporate purposes.

Subscribers will be subject to a statutory hold period that extends four (4) months plus one (1) day from the Closing

Date.

The Offering is scheduled to close early September 2017 and is subject to certain conditions including, but not

limited to, the receipt of all necessary approvals , including the approval of the TSX Venture Exchange and the

applicable securities regulatory authorities.

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 State in which such offer, solicitation or sale would be unlawful. The securities being offered

have not been, nor will they be, registered under the United States 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 of the United States Securities Act of 1933, as amended, and applicable state securities laws.

About Nouveau Monde Graphite

With a management team that has over 40 years of recent experience in the production, processing and marketing of

natural graphite, Nouveau Monde Graphite ( “NMG”) is a dynamic company positioned as a future leader in the

emerging North American graphite and anode material for lithium -ion battery markets. NMG is evaluating its

Matawinie graphite project discovered in 2015 with the objective of becom ing the largest graphite mine in North

America. The Corporation published a Preliminary Economic Assessment, completed according to NI 43 -101

guidelines, in June of 2016. (see press release dated June 22, 2016 : http://bit.ly/2tEsoPT). The project is located in

the Saint-Michel-des-Saints area, some 120 km north of Montreal, Quebec, Canada. It has direct access to all needed

infrastructure, labour as well as green and affordable hydroelectricity. NMG is developing its project with the

highest corporate social responsibility standards while targeting a low environmental footprint (targeting a net zero

carbon emission operation).

Except for historical information, this press release may contain "forward-looking statements" and "forward-looking

information" within the meaning of applicable securities laws that reflect the Nouveau Monde's current expectation

regarding future events, including, without limitation, the execution of the definitive agreements. Forward -looking

statements contained in this press release involve known and unknown risks, uncertainties and other factors that may

cause actual results, performance and achievements of Nouveau Monde, as the case may be, to be materially

different from any future res ults, performance or achievements expressed or implied by the said forward -looking

statements. Nouveau Monde expressly disclaims any intention to update or revise any forward -looking statements

and information whether as a result of new information, future events or otherwise, other than as required by 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.

Eric Desaulniers, M.Sc., P.Geo.

President and Chief Executive Officer of Nouveau Monde

(819) 923-0333

www.nouveaumonde.ca