Nouveau Monde Announces Grant of Stock Options
May 26 2021 - 9:00AM
Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”)
(NYSE: NMG; TSXV: NOU; Frankfurt: NM9) announces the grant of
605,000 stock options to directors, officers, employees and a
consultant. These stock options are granted in accordance with the
terms of the stock option plan of the Company. Each option entitles
the holder thereof to purchase one common share of the Company at a
price of $16.84 per common share for a period of five
years from May 25, 2021.
About Nouveau Monde
Nouveau Monde is striving to become a key
contributor to the sustainable energy revolution. The Company is
working towards developing a fully-integrated source of green
battery anode material in Québec, Canada. Targeting commercial
operations by 2023, the Company is developing advanced
carbon-neutral graphite-based material solutions for the growing
lithium-ion and fuel cell markets. With low-cost operations and
enviable ESG standards, Nouveau Monde aspires to become a strategic
supplier to the world’s leading battery and automobile
manufacturers, providing high performing and reliable advanced
materials while promoting sustainability and supply chain
traceability.
Media |
Investors |
Julie Paquet VP
Communications & ESG Strategy+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, 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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