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

Nouveau Monde Graphite Inc > Someone can tell about it:

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Comment by ifronton Feb 01, 2021 10:08am

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Post# 32435517

RE:Someone can tell about it:

Very easy to explain. Those warrants were attached to a previous financing. Pallinghurst decided to exercised their rights to buy the stocks @ 0.20.

The money hence collected go directly into NOU coffer. (and the shares will be created).

It is why, it is important to follow the FULLY diluted number of shares outstanding. (they were already accounted in there)

ifront

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