Brief: NMH Reports On Quarter Progress On The Heels Of Commercial Partnership With Panasonic Energy

Nouveau Monde Graphite

11/11/2022 13:15

Nov 11 (Reuters) - Nouveau Monde Graphite Inc  NOU.V :
    * NMG REPORTS ON QUARTER PROGRESS ON THE HEELS OF COMMERCIAL
PARTNERSHIP WITH PANASONIC ENERGY AND COMMENCEMENT OF EXPANSION
PLANNING, AND APPOINTS STEPHANIE ANDERSON TO ITS BOARD OF
DIRECTORS
    * NOUVEAU MONDE GRAPHITE - MOU WITH PANASONIC ENERGY TO
CONFIRM
MULTI-YEAR OFFTAKE AGREEMENT FOR SIGNIFICANT PORTION OF CO'S
ACTIVE ANODE MATERIAL
    * NOUVEAU MONDE GRAPHITE INC - $50 MILLION PRIVATE PLACEMENT
FROM
MITSUI & CO., INVESTISSEMENT QUÉBEC AND PALLINGHURST GROUP
    * NOUVEAU MONDE GRAPHITE INC - PRODUCTION AT PHASE-1 COATING
LINE
AND NEW SHAPING MODULE EXPECTED TO START IN Q4-2022
    * NOUVEAU MONDE GRAPHITE INC - PERIOD-END CASH POSITION OF
CA $14M
AND CA $81.5 MILLION ON A PRO-FORMA BASIS

Source text for Eikon:  ID:nBw30zCr7a 
Further company coverage:  NOU.V 
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