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Nouveau Monde Graphite sells 44,452,460 shares to Canada Growth Fund for $81.8 million

PUBT·04/21/2026 14:26:55
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Nouveau Monde Graphite sells 44,452,460 shares to Canada Growth Fund for $81.8 million
  • Nouveau Monde Graphite signed subscription agreement dated April 9, 2026 with Canada Growth Fund for purchase of 44,452,460 common shares.
  • Subscription price set at USD 1.84 per share for total gross proceeds of USD 81.8 million.
  • Investment proceeds earmarked for design, engineering, construction of Matawinie Project.
  • Transaction structured to close alongside broader FID equity offering, including separate share subscriptions by Eni and Investissement Québec.
  • Closing targeted for third business day following satisfaction or waiver of closing conditions, with outside date of July 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nouveau Monde Graphite Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-045798), on April 21, 2026, and is solely responsible for the information contained therein.