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Nouveau Monde And Mason Graphite Announce Strategic Investment And Conditional Option And Joint Venture Agreement On Lac Guéret Project

PUBLIC · NMGMay 16, 2022

Round Type

Corporate Round

MontrealOtherManufacturingEnergySustainabilityScience And Engineering

Description

Nouveau Monde Graphite Inc. (“NMG”) (NYSE: NMG) (TSX-V: NOU) and Mason Graphite Inc. (“Mason Graphite”) (TSX-V: LLG) (OTCQX: MGPHF) are pleased to announce that they have entered into an investment agreement (the ”Investment Agreement”) with a view towards the development and operation of Mason Graphite’s Lac Guéret property (the “Property”).

Company Information

Company

Nouveau Monde Graphite

Location

Montreal, Quebec, Canada

About

NMG is striving to become a key contributor to the sustainable energy revolution. The company is working toward developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada, for the growing lithium-ion and fuel cell markets. With low-cost operations and enviable environmental, social and governance (ESG) standards, NMG aspires to become a strategic supplier to the world's leading battery and automobile manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. NMG is listed on the NYSE under the symbol “NMG” and on the TSX-V under the symbol “NOU”.

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