Sunday, June 22, 2025

Latest

Nouveau Monde Raises US$59.4 Million Via Public Offering, Plans To Raise Additional US$14.8 Million Via Private Placement

Nouveau Monde Graphite Inc. (TSXV: NOU) has raised US$59.4 million in the previously announced underwritten public offering. Evercore ISI, BMO Capital Markets, B. Riley Securities, and Stifel GMP acted as book-running managers for the offering.

Through the offering, the company was able to raise the gross proceeds from 7,915,000 common shares at US$7.50 per share. The financing included the partial exercise of the over-allotment option by the underwriters.

Following the closing of the offering, the graphite firm is looking to complete a non-brokered private placement for aggregate gross proceeds of US$14.8 million. The company plans to raise the funds by selling a maximum of 1,978,750 common shares at US$7.50 per share.

The company relayed that the net proceeds from both offerings are intended for developing the Matawine and the LiB anode plant projects, as well as for general working capital and corporate expense needs.

Nouveau Monde Graphite Inc. last traded at $9.98 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Tudor Gold x American Creek: Consolidating A Massive Gold Project

Aura Minerals: The Era Dorada Underground PEA

Gold Is Now Smart Money’s End Game | Doug Casey

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Graphite Is Critical For EV Expansion – The Daily Dive feat Paul Gill

For our final episode of The Daily Dive for the trading week, host Cassandra Leah...

Thursday, April 1, 2021, 01:30:00 PM

Why US Military Dollars Are Backing Graphite | Gordana Slepcev – Lomiko Metals

In this interview from the Red Cloud 2025 Mining Conference, Lomiko Metals (TSXV: LMR) CEO...

Tuesday, March 4, 2025, 03:37:00 PM

Nouveau Monde Jumps 25% After Entering Offtake Agreements With General Motors, Panasonic

Nouveau Monde Graphite (TSXV: NOU) is a major mover today, jumping 25% to $3.49 off...

Thursday, February 15, 2024, 12:56:45 PM

Quebec Critical Mineral Explorers Get Boost From Tax Credits

FULL DISCLOSURE: This is sponsored content for Power Nickel. The recent Canadian federal government budget introduced...

Monday, May 22, 2023, 01:33:00 PM

Nouveau Monde Graphite Shareholders Approve 10 To 1 Reverse Split

Nouveau Monde Graphite (TSXV: NOU) this morning announced that it has been granted shareholder approval...

Wednesday, March 24, 2021, 08:06:55 AM