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Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s):  NMG

Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret property. The Company owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant projects is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The Company owns the 100% of the rights to the Lac Gueret property, which consists of 74 map-designated claims totaling 3,999.52 hectares.


TSXV:NOU - Post by User

Comment by StockscoutXon Jan 26, 2024 10:36am
89 Views
Post# 35846962

RE:100% of Lac Gueret

RE:100% of Lac Gueret@ Mookster3. Totally agree with you. Nouveau Monde essentially got 100% of Lac Gueret for peanuts. Whatever Mason got in return serves only to keep the lights open, pay salaries and pension funds for insiders but for how long? I would have preferred a fusion with a share swap. It would have been a fairer deal for all shareholders at Mason but it wasn't the case. Insiders looked after themselves first. What a bummer for the rest of the shareholders. IMO.
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