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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 mo1975on Jun 16, 2021 7:47am
258 Views
Post# 33394131

RE:NMG Is Diluting 10 MILLION Shares - What Now?!

RE:NMG Is Diluting 10 MILLION Shares - What Now?!not scary...we know it would happen... nou needs about 500 million  to complete both the matawanie and becancour project over the next 2 year... so i am not surprise at all   as a matter of fact the end result will probably be that there will be about 60 million when they get their plants going in 2023... so you can expect a couple more offerings probably one in the fall and one early spring of 2022...keep an eye on pallinghurst... as long as they maintained their percentage of ownership of the company... things are good
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