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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 > NMG Is Diluting 10 MILLION Shares - What Now?!
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Post by Ringer2 on Jun 16, 2021 7:11am

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?
Comment by mo1975 on Jun 16, 2021 7:47am
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 ...more  
Comment by Ringer2 on Jun 16, 2021 8:21pm
don't forget that the que govt is the second largest shareholder....good interview https://www.youtube.com/watch?v=zzfOJ1PVNJY
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