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-0.0048076923076922 -0.0048076923076922 -0.00475961538461539 -0.00475961538461539 0.0384615384615385 0.0528846153846155 0.0336538461538463 0.035625
Stock impact report

Canada Growth Fund announces a ~US$82 million investment to support the construction of Nouveau Monde Graphite flagship Matawinie Mine [Globe and Mail, The (Toronto, Canada)]

Nouveau Monde Graphite Inc. Common Shares (NMG) 
million (~C$113 million) private placement (the " Transaction ") with Nouveau Monde Graphite Inc. (TSXV: NOU ) (NYSE: NMG) (" NMG " or the " Company "), a Quebec-based graphite miner and refiner. NMG is building a fully integrated Canadian graphite supply chain, anchored by a mine at Saint-Michel-des-Saints (the " Matawinie Mine ") and Bécancour-based refining facility to support the energy transition, advanced technology, and manufacturing. The Transaction will be completed alongside Eni S.p.A. (" Eni ") and Investissement Québec (" IQ "), which committed amounts of ~US$70 million and ~US$61 million, respectively. The Private Placement will be complemented by a concurrent bought deal public offering of subscription receipts for gross proceeds of ~$84 million, collectively completing the equity component of the financing package for the phased development of the commercial operations of the Matawinie Mine. Read more at newswire.ca This article contains syndicated content. We have Show less Read more
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