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Bullboard - Stock Discussion Forum 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... see more

TSXV:NOU - Post Discussion

Nouveau Monde Graphite Inc > NOU considers US listing
View:
Post by dalesio_98 on Feb 17, 2021 8:29pm

NOU considers US listing

Nouveau Monde considers US listing MINING.COM Staff Writer| February 16, 2021 | 10:26 amMarketsCanadaUSAGraphite https://www.mining.com/nouveau-monde-considering-us-listing/
Comment by DAgentQC on Feb 18, 2021 7:42am
The main point being:  « Nouveau Monde has scheduled a special shareholders meeting on March 23, seeking approval for a share consolidation at a ratio that will result in a post-consolidation price that meets the listing requirements for the selected US stock exchange. » I'm faily new to the stock Market.  What can we expect from a share consolidation?  Does it ...more  
Comment by whoknows on Feb 18, 2021 7:53am
"What can we expect from a share consolidation?  Does it means they will diminish the number of shares available into the market? (YES) Like If I own 5000 shares it might becomes 1000 ( if the cosolidation is a 5 for 1) but keeps the same overall value?"
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