RE:RE:Bought Deal! My understanding is when a compnay raises capital to purchase assets to increase profitablity this is a good thing. NOU does need money to set up the mining and processing to make money. This should be viewed as a positive development and a necessary step on the way to becoming a supplier.
https://nouveaumonde.group/20m-financing-2021/
"The net proceeds of the Public Offering and Private Placement will be used for the Becancour value added graphite project development, the Matawinie mine & concentrator detailed engineering and corporate general and administrative expenses."