Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”)
(TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) was today included within
the 2021 TSX Venture 50®, a list of the top 50 companies listed on
the TSX Venture Exchange.
The TSX Venture 50® is made-up of the top 10
companies listed on the TSX Venture Exchange, in each of five major
industry sectors – mining, oil & gas, technology & life
sciences, diversified industries and clean technology. The
companies are selected based on three equally weighted criteria,
which are market capitalization growth, share price appreciation,
and trading volume. Nouveau Monde was named as part of the mining
industries category.
Eric Desaulniers, President and CEO of Nouveau
Monde, stated: “We are once again very pleased to be recognized in
this way, and I’d like to personally thank all of our stakeholders
as we advance one of the most important graphite-based, battery
anode materials stories in the world. Making the TSX Venture Top 50
tells us that we have the support of shareholders and that the
market likes the direction in which we are moving. We truly do have
a unique value proposition with the aim of becoming the only fully
integrated, carbon-neutral graphite anode material producer of
scale outside of China. The EV and renewable energy sectors are
picking up speed; we will be there to meet part of the demand as
our commercial-scale operations are set to begin in 2023.”
Arne H. Frandsen, Chairman of Nouveau Monde,
continued: “During the course of 2020, Nouveau Monde delivered an
impressive market performance, offering strong returns to our
shareholders. This strong performance was backed by real progress,
especially at our value-added products facilities at Bécancour.
Nouveau Monde has successfully positioned itself to become one of
the world’s major anode materials producers, servicing the growing
EV and renewable energy storage markets. As we continue to grow, it
is pleasing to see that the interest in our stock has increased
significantly.”
Crunching the Numbers
When Nouveau Monde discovered the Matawinie
project in Q1 2015, there were three lithium-ion battery
megafactories with 57 GWh of capacity in the pipeline. Six years on
and the global battery arms race has seen these numbers grow
rapidly: Benchmark Mineral Intelligence's (“Benchmark”) most recent
lithium-ion battery megafactory assessment there were 186
megafactories with 3,152.7 GWh of capacity in the pipeline to 2030,
representing a demand for more than 3,500 ktpa of graphite anode
growth only for this market segment.
Beyond Canadian Investors, Canada as a
Whole is Acknowledging the Upcoming Energy Revolution
Last week, Canada’s House of Commons made a
public statement in regards to the electric vehicle and battery
supply chains: “That, pursuant to Standing Order 108(2), the
committee undertake a study of no less than six meetings on
positioning Canada as a responsible source in critical minerals and
battery value chains in support of renewable energy and clean
technology in the post-COVID-19 economy; that the committee hear
from witnesses not limited to but including Natural Resource
Canada, mining sector firms and electric-vehicle battery producers
and; that the committee report its findings to the House.”
Simon Moores, Benchmark’s Managing Director, was
invited to address the House of Commons on February 22, as the
opening speaker, and as part of a discussion panel on Canada’s role
in building a domestic and global lithium-ion battery ecosystem for
the global adoption of low carbon technologies. Simon Moores
commented: “Canada has sizable potential to be one of the global
leaders of upstream of the lithium-ion battery ecosystem that the
world is beginning to build out. Of course, we are familiar with
Canada’s huge base of key battery raw materials such as nickel,
lithium, cobalt, graphite, copper, and manganese. But the potential
to add these into high value chemicals, cathodes, anodes and even
engage in the production of lithium-ion batteries offers the
country a major slice of this growing lithium ion and electric
vehicle economic pie.” (Source:
https://www.benchmarkminerals.com/membership/benchmark-invited-to-appear-before-canadas-house-of-commons/)
About Nouveau Monde
Nouveau Monde is working to position itself as a
key element in the sustainable energy revolution. The Company is
developing a fully integrated source of environmentally friendly
battery anode materials in Quebec, Canada. Targeting a launch of
its commercial operations at full capacity in 2023, the Company is
developing advanced carbon neutral solutions of graphite-based
materials for the rapidly expanding fuel cell and lithium-ion
battery markets. With its low-cost operations and high ESG
standards, Nouveau Monde aspires to become a strategic supplier to
major battery and vehicle manufacturers all over the world,
ensuring a robust and reliable supply of advanced materials while
ensuring the traceability of the supply chain.
Media |
Investors |
Julie Paquet Director,
Communications +1-450-757-8905
#140jpaquet@nouveaumonde.ca |
Christina Lalli Director,
Investor
Relations +1-438-399-8665 clalli@nouveaumonde.ca |
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Cautionary Note Regarding
Forward-Looking Information All statements, other than
statements of historical fact, contained in this press release
including, but not limited to (i) the positive impact of the
foregoing on project economics, (ii) the intended results of the
initiatives described above, (iii) the intended project output
capacity and (iv) generally, or the “About Nouveau Monde” paragraph
which essentially describe the Company’s outlook and objectives,
constitute “forward-looking information” or “forward-looking
statements” within the meaning of certain securities laws, and are
based on expectations, estimates and projections as of the time of
this press release. Forward-looking statements are necessarily
based upon a number of estimates and assumptions that, while
considered reasonable by the Company as of the time of such
statements, are inherently subject to significant business,
economic and competitive uncertainties and contingencies. These
estimates and assumptions may prove to be incorrect. Moreover,
these forward-looking statements were based upon various underlying
factors and assumptions, including the timely delivery and
installation of the equipment supporting the production, the
Company’s business prospects and opportunities and estimates of the
operational performance of the equipment, and are not guarantees of
future performance.
Forward-looking information and statements are
subject to known or unknown risks and uncertainties that may cause
actual results to differ materially from those anticipated or
implied in the forward-looking information and statements. Risk
factors that could cause actual results or events to differ
materially from current expectations include, among others, delays
in the scheduled delivery times of the equipment, the ability of
the Company to successfully implement its strategic initiatives and
whether such strategic initiatives will yield the expected
benefits, the operating performance of the Company’s assets and
businesses, competitive factors in the graphite mining and
production industry, changes in laws and regulations affecting the
Company’s businesses, technological developments, the impacts of
the global COVID-19 pandemic and the governments’ responses
thereto, and general economic conditions. Unpredictable or unknown
factors not discussed in this Cautionary Disclaimer could also have
material adverse effects on forward-looking statements.
Many of these uncertainties and contingencies
can directly or indirectly affect, and could cause, actual results
to differ materially from those expressed or implied in any
forward-looking statements. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Forward-looking statements are
provided for the purpose of providing information about
management’s expectations and plans relating to the future. The
Company disclaims any intention or obligation to update or revise
any forward-looking statements or to explain any material
difference between subsequent actual events and such
forward-looking statements, except to the extent required by
applicable law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Further information regarding Company is
available in the SEDAR database (www.sedar.com) and on the
Company’s website at: www.NouveauMonde.group
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