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Stock impact report

NMG Pays Accrued Interests

Nouveau Monde Graphite Inc. Common Shares (NMG) 
Company Research Source: Business Wire
MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX: NOU) announces the payment of accrued interests as part of a previously announced private placement.Settlement of Accrued InterestsUpon the approval of the Toronto Stock Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec (“Holder”) for the first quarter of 2025 under the unsecured convertible note, as amended and restated, (the “Note”) issued in connection with the private placement announced by press release dated November 8, 2022, will be deemed paid.194,684 common shares at a price of US$1.49 (each, a “Common Share”) representing an aggregate amount of US$290,079 will be issued and share certificates will be delivered to the Holder at the maturity, conversion or redemption of the Note in payment of the accrued interests due on March 31, 2025, for the first quarter of the year. The issuance of Common Shares is subject to th Show less Read more
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