Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the granting of 225,000 stock options to an executive. These stock options are issued in accordance with the terms of the Company’s stock option plan. Each option entitles its holder to purchase one common share of the Company at a price of $8.87 per common share for a period expiring on January 23, 2027. These options will be issued in four equal installments every six months following the date of attribution.
About New World
Nouveau Monde is working to position itself as a key contributor to the energy revolution. The Company is working to develop a fully integrated source of environmentally friendly battery anode materials in Quebec, Canada, for the growing fuel cell and lithium-ion battery markets. With its low-cost operations and enviable ESG standards, Nouveau Monde aspires to become a strategic supplier to the world’s leading battery and vehicle manufacturers by offering high-performance and reliable advanced materials while promoting sustainability and traceability in the supply chain. supply. www.NMG.com
Caution Regarding Forward-Looking Statements
All statements, other than historical facts, contained in this press release, including but not limited to the “About Nouveau Monde” paragraph, which essentially describe the outlook and objectives of the Company, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections at the time of the publication of this press release. Forward-looking statements are necessarily based on a number of estimates and assumptions which, although considered reasonable by the Company at the time such statements were made, are subject to significant operational uncertainties and contingencies, economical and competitive. These estimates and assumptions may prove to be inaccurate. Furthermore, these forward-looking statements are based on various underlying factors and assumptions, including current technology trends, business relationships between the Company and its stakeholders, the ability to operate safely and efficiently, delivery and timely installation of equipment required for production, the Company’s business prospects and opportunities and estimates of the operational performance of the equipment, and are not guarantees of future performance.
Forward-looking information and forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those anticipated or implied by the forward-looking information and forward-looking statements. Risk factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, delays in scheduled equipment delivery dates, the Company’s ability to implement its strategic initiatives and whether these strategic initiatives will yield the expected results, the availability of financing or financing on favorable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, the risks of obtaining necessary permits, the operating performance of the Company’s assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the business of the Company, the risk of political and social acceptability, the risk related to environmental regulations, the risk related to currencies and exchange rates, technological developments, the impact of the COVID-19 pandemic and the measures put in place by governments in response to this pandemic, and general economic conditions and risks relating to earnings, capital expenditures, cash flow and capital structure and general business risks. Other unpredictable or unknown factors not discussed in this cautionary statement could also materially adversely affect any forward-looking statements.
Many of these uncertainties and contingencies may directly or indirectly affect or could cause actual results or performance to differ materially from those expressed or implied in the 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 anticipated in such statements. Forward-looking statements are presented for the purpose of providing information about management’s current expectations and plans for the future. The Company undertakes no obligation to update or revise these forward-looking statements, or to explain any material differences between subsequent actual events and these forward-looking statements, except as required by applicable securities laws.
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 adequacy or accuracy of this press release.
Further information regarding Nouveau Monde is available on the SEDAR database (www.sedar.com), and for US readers on EDGAR (www.sec.gov), as well as on the Company’s website at address: www.NMG.com.
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