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Nouveau Monde Graphite Inc T.NOU

Alternate Symbol(s):  NMG

Metals & Mining Graphite
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.


TSX:NOU - Post by User

Nouveau Monde Graphite Inc > NMG Is Diluting 10 MILLION Shares - What Now?!
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Post by Ringer2on Jun 16, 2021 7:11am
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Post# 33394066

NMG Is Diluting 10 MILLION Shares - What Now?!

NMG Is Diluting 10 MILLION Shares - What Now?!
https://www.youtube.com/watch?v=3ntfKhs8wZo

NMG Is Diluting 10 MILLION Shares - What Now?!

So, Nouveau Monde Graphite announced a share offering which will effectively dilute this company up to 20%. Damn, that's scary... or is it?
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