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Stock impact report

NMG Secures Senior Project Debt for Phase-2 Matawinie Mine

Nouveau Monde Graphite Inc. Common Shares (NMG) 
Company Research Source: Business Wire
Fully committed senior project debt commitment letter of US$335 million secured with EDC and CIBLong-tenor, flexible project-finance structure with competitive rates and repayment terms, underpinned by ESG credentials in line with international standardsClear path to FID with debt commitment representing the first step in financing scheduleLong-term offtake arrangements underpin project bankability and revenue visibility, with 75% of the Phase-2 Matawinie Mine future production earmarked for the Government of Canada, Panasonic Energy and TraxysShovel-ready mine project substantially de-risked with detailed engineering (~80%), site preparatory work, key permits, and instrumental agreements with First Nation and local communityNMG's Phase-2 Matawinie Mine referred to the Major Projects Office as a project of national interest to bolster economic growth, accelerate the development of an integrated value chain in Canada, and support G7 countries and allies in sourcing critical minerals Show less Read more
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