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Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s):  NMG

Metals & Mining Industrial Metals & Minerals 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.


TSXV:NOU - Post by User

Nouveau Monde Graphite Inc > Diamond & Specialty Minerals Summary for March 27, 2023
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Post by dalesio_98on Mar 28, 2023 6:39pm
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Post# 35365702

Diamond & Specialty Minerals Summary for March 27, 2023

Diamond & Specialty Minerals Summary for March 27, 2023

Diamond & Specialty Minerals Summary for March 27, 2023

2023-03-27 20:27 ET - Market Summary

by Will Purcell

https://www.stockwatch.com/News/Item?bid=Z-C:*MKTDIAM-3383038&symbol=*MKTDIAM&region=C

Eric Desaulniers and Arne Frandsen's Nouveau Monde Graphite Inc. (NOU) lost three cents to $6.18 on 37,000 shares. The company is plodding along at its Matawinie "turnkey natural graphite operation" in Quebec, which includes the Matawinie deposit north of Montreal and a proposed plant in Becancour. It all sounds promising, but before Mr. Frandsen, chairman, or Mr. Desaulniers, president and CEO, get to turn that key, they need to build the $1.4-billion project around the lock -- and at this point the company has less than $60-million in working capital.

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