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Nouveau Monde Graphite closes US$213.16 million private placement at US$1.84 a share

PUBT·05/15/2026 13:07:39
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Nouveau Monde Graphite closes US$213.16 million private placement at US$1.84 a share
  • Nouveau Monde Graphite closed previously announced private placement raising about USD 213.16 million from Canada Growth Fund, Investissement Québec, ENI.
  • Issuance priced at USD 1.84 per common share; Canada Growth Fund bought 44,452,460 shares, Investissement Québec bought 33,351,853 shares, ENI bought 38,043,478 shares.
  • Financing package confirmed final investment decision for Phase-2 Matawinie Mine; net proceeds earmarked for mine design, engineering, construction, working capital.
  • Closing also triggered release of USD 96.49 million bought-deal offering proceeds; 52,440,000 subscription receipts to convert into common shares.
  • Post-transaction common shares outstanding expected at 329,114,330.


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 Business Wire (Ref. ID: 20260514622810) on May 15, 2026, and is solely responsible for the information contained therein.