Nouveau Monde Graphite IN the Process of Marketing Its First Tonnes of Graphite Concentrate Symbol: NOU (TSX Venture), OTCQX: Nmgrf, Frankfurt: NM9
NOUVEAU MONDE GRAPHITE IN THE PROCESS OF MARKETING ITS FIRST TONNES OF
GRAPHITE CONCENTRATE
Symbol: NOU (TSX Venture), OTCQX: NMGRF, Frankfurt: NM9
May 24 th, 2018 FOR IMMEDIATE RELEASE
SAINT-MICHEL-DES-SAINTS, QUEBEC – Nouveau Monde Graphite Inc. (TSX-V: NOU)
(NMG) confirms its demonstration plant (DP) is scheduled to open and operate come
Summer 2018 and presents the team that will manage production and marketing of the
first tonnes of graphite concentrate expected. The DP will produce 2,000 tonnes of graph-
ite concentrate over a two-year period and will be supplied by the mineralization of the
West Zone deposit of NMG’s Matawinie graphite property.
First Tonnes of Graphite Concentrate on the Market in the Summer 2018
Construction work of the DP is going along under schedule and civil work is completed.
Workers are now installing plumbing and electricity required to progressively connect the
fifty (50) equipment pieces needed to operate. The construction should be completed
over the course of the following weeks, leading to start of operations and production as
of Summer 2018. The next pivotal steps are: construction completion, water servicing and
pre-operational tests.
« The marketing phase we are about to embark in is an exciting step for NMG. Having
refined our DP process design upon results of the metallurgy optimization program (see
press release issued on April 11, 2017), we can expect a very high global recovery rate.
The excellent granulometric distribution of our deposit as well as the high purity potential
of our graphite flakes should also play favorably on the value of our products, while allow-
ing us to pursue many markets and diversify our product portfolio, hence catering to a
vaster customer base,” explains Éric Desaulniers, President and CEO of NMG.
A Team Detaining over 60 Years Experience in the Field of Graphite
NMG is proud to welcome Mr. Benoît Brière as Director of the Demonstration Plant, com-
pleting our graphite operation and marketing team. Mr. Brière has more than 20 years’
experience in the field of graphite. He was Production and Customer Service Manager at
Imerys Graphite & Carbon. Under Chief of Operations Karl Trudeau’s leadership (see press
release issued on July 11, 2017), Mr. Brière will head over all demonstration plant opera-
tions and lead a team of nine (9) operators and technicians including six (6) from the Man-
awan and Saint-Michel-des-Saints region. The expert team is also comprised of Marion
Vervey, Mining Engineering and Resource Management Engineer with 7 years’ experience
as a natural graphite factory project engineer (Imerys) and graphite-market expert Ar-
mando Farhate, B.Eng, MBA, (Imerys and National de Grafite).
“Having such valuable knowledge seated at the table and applying this knowledge to all
spheres of graphite production and marketing is a considerable asset for NMG. It ensures
the success of our planned operations at the DP,” explains Éric Desaulniers, CEO of NMG.
About the Demonstration Plant
NMG plans on starting its demonstration Plant (DP) production as of Summer 2018. The
demonstration plant will be located in a building previously host to the Louisiana Pacific,
in Saint-Michel-des-Saints. The DP is an important milestone in NMG’s strategy as it will
serve to:
• Qualify NMG graphite products and establish a sales record;
• Test and improve processes for commercial operation optimization;
• Test new innovative technologies of mining waste management and site restora-
tion;
• Start employee training and local future workforce reach-out program;
Graphite products offered
The graphite products that will be offered to customers:
NMG Flake +50
NMG Flake +80
NMG Flake +150
NMG Fine Flake
All grades between 94-98 % Cg (as per technical requirements).
Other custom products will be available.
Over the course of the year, NMG also plans on installing two added-value graphite prod-
uct processes inside the demo plant. These two processes concern expandable graphite
(NMG-EXP9698) and spherical graphite (NMG-SG9995) for the manufacture of anode ma-
terial for the lithium-ion battery market.
For information regarding products offered, write to: [email protected]
About Nouveau Monde Graphite
In 2015, Nouveau Monde Graphite discovered two major and high-quality graphite de-
posits on its Matawinie property, located in Saint-Michel-des-Saints, 150 km north of
Montreal, Quebec. The discovery led to the announcement of a pre-feasibility study on
October 25, 2017. The pre-feasibility study results reveal projected graphite concentrate
production levels of 52,000 tonnes per year over a 27-year period. Having secured
$13.7 M in venture investments, NMG aims at operating its 2,000 tonnes of graphite flake
concentrate demonstration facility come Summer 2018 for a two-year period. With over
60 years of experience in the world of graphite, NMG’s team develops its projects with
the utmost respect of neighbouring communities, while favouring a minimal environmen-
tal footprint. NMG’s project is privileged by direct access to the workforce and infrastruc-
ture needed to operate, such as an abundant affordable and renewable source of hydro-
electricity.
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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 ade-
quacy or accuracy of this release.
All statements, other than statements of historical fact, contained in this press release
including, but not limited to (i) the obtaining of the necessary authorizations and permits;
(ii) the schedule, outlook and forecast of the Demo Plant or graphite products; and (iii)
generally, or 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 an-
ticipated 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