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0.00350877192982449 -0.0350877192982456 -0.0526315789473684 -0.0666666666666667 -0.0701754385964913 -0.0807017543859649 -0.0773333333333334 -0.0666666666666667
Stock impact report

NMG Announces Pricing of US$20 Million Public Equity Offering

Nouveau Monde Graphite Inc. Common Shares (NMG) 
Company Research Source: Business Wire
BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE SHELF PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS ON SEDAR+ MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX: NOU) announces the pricing of a public equity offering of 8,333,334 common shares of the Company (“Shares”) at a price of US$2.40 per Share for gross proceeds of US$20 million (the “Offering”).Maxim Group LLC is acting as sole placement agent for the Offering.The Company intends to use the net proceeds from the Offering for procurement of long-lead equipment, to initiate certain construction activities, and to cover detailed engineering and indirect costs for the Matawinie Mine project, to fund engineering activities to deliver an AACE class 3 estimate for the 13ktpy Bécancour Battery Material Plant project, and to fund general working capital and corporate expenditures.The Common Shares to be offered under the Offering will be offered solely in the United State Show less Read more
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