The associated project net present value estimate, at an 8% discount rate, came in at $751 million. Pallinghust may convert the bond into Nouveau Monde shares, at 20In addition, the company has entered into a royalty purchase agreement with Pallinghurst, with the investor agreeing to exchange the principal and accrued interest under an existing $5-million debt facility into a 3% net smelter return royalty on Matawinie. According to the company, the resulting graphite content allows it to produce battery-grade material. News Headlines for Nouveau Monde Graphite Inc. SERVING TOMORROW’S ECONOMY Sustainable, all-electric mine: graphite + anode material for Li-ion batteries #GotGrafNatural graphite is at the heart of the energy revolution. The deal includes a $15-million convertible bond subscription agreement, accruing interest at 15% annually, starting in December 2020. For the most up to date information, please refer to the company's financial documents. View daily, weekly or monthly format back to when NOUVEAU MONDE GRAPHITE INC stock was issued. This discovery led to the results of a feasibility study announced on October 25, 2018. © Copyright 2020 QUEBEC – Nouveau Monde Graphite (NMG) has announced a $20-million financing with the Pallinghurst Group to advance its Matawinie graphite property, as well as for general working capital purposes. Nouveau Monde Graphite, a junior mining company based in Quebec, is developing a new graphite mine to be operated only with all-electric equipment in … News Headlines for Nouveau Monde Graphite Inc. Graphite is a key ingredient in lithium-ion batteries. QUEBEC – Nouveau Monde Graphite (NMG) has announced a $20-million financing with the Pallinghurst Group to advance its Matawinie graphite property, as well as for general working capital purposes. Walking the talk!Nouveau Monde’s team adds to more than 60 years of experience in graphite and is actively recruiting new talents.© 2020 Nouveau Monde Graphite. Graphite will be extracted using electric vehicles and will be used in particular for the manufacture of lithium-ion batteries for electric vehicles. Nouveau Monde Graphite Inc is a mineral exploration company. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The company only operating segment is the acquisition, exploration, and evaluation of mining properties and all of its activities are conducted in Quebec, Canada. Données retardées de 15 minutes, sauf si indiqué autrement. A comprehensive database of information on TSX Venture issuersNote: as part of an update to TMX Money, this link will be removed on June 30, 2020. *Market Capitalization is based on Total Shares Outstanding for all share classes for the company. Its properties include Mac's Lead property Riviere-aux … The deal includes a $15-million convertible bond subscription agreement, accruing interest at 15% annually, starting in December 2020. Convertible bonds and employee stock options that would otherwise be included in the Diluted Shares amount included in a company's filings/financials are not included.Nouveau Monde Graphite Inc is a mineral exploration company. The deal includes a $15-million convertible bond subscription agreement, accruing interest at 15% annually, starting in December 2020. Nouveau Monde also announced that it has extended the repayment of a $2 million financing with Pallinghurst Graphite to Dec. 31, 2020. The company's products are used in Metallurgy, Energy and Engineering materials sector. This discovery led to the results of a feasibility study announced on October 25, 2018. In 2015, Nouveau Monde Graphite discovered a high quality graphite deposit on its Matawinie property located in Saint-Michel-des-Saints, 150 km north of Montreal, Quebec. (2) Number sourced from third party data provider. The company only operating segment is the acquisition, exploration, and evaluation of mining properties and all of its activities are conducted in Quebec, Canada. Données de marché activées par QuoteMedia. Nouveau Monde may buy back 1% of the royalty for three years following closing for approximately $1.3 million and any interest accrued at 9% per year from the closing date.“Through this financing solution, Nouveau Monde strengthens its balance sheet by approximately $20 million,” Eric Desaulniers, the company’s president and CEO, said in a release. SAINT-MICHEL-DES-SAINTS, QUEBEC, July 15, 2020 – Nouveau Monde Graphite Inc. (“Nouveau Monde” or “NMG”) (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) is pleased to announce that it has successfully agreed with The Pallinghurst Group (“Pallinghurst”) financing transactions totaling … SERVING TOMORROW’S ECONOMY Sustainable, all-electric mine: graphite + anode material for Li-ion batteries #GotGraf© 2017 QuoteMedia. Voir les temps d’attente pour toutes les Bourses. Nouveau Monde Graphite is set to become a key player in the electrification revolution, as it plans to become the only fully-integrated (mining) company outside of China able to supply OEM's and automakers with battery anode material at any entry point along the supply chain.