Nouveau Monde Graphite (NMG) Update - Oct 18
Posted: Mon Oct 18, 2021 8:59 am
Pallinghurst Increases its Interest in Nouveau Monde to 21% – Showing Further Commitment to the Company
Nouveau Monde is pleased to announce that Pallinghurst, the holder of a secured convertible bond in the principal amount of C$15 million, as announced in the press release dated July 15, 2020, has converted the full outstanding principal amount of the Convertible Bond to common shares of the Company. This decision further demonstrates Pallinghurst’s significant and continuing support for the Company and its ongoing project development initiatives, as it strives to become a key player in the sustainable energy revolution.
Nouveau Monde is pleased to announce that Pallinghurst, the holder of a secured convertible bond in the principal amount of C$15 million, as announced in the press release dated July 15, 2020, has converted the full outstanding principal amount of the Convertible Bond to common shares of the Company. This decision further demonstrates Pallinghurst’s significant and continuing support for the Company and its ongoing project development initiatives, as it strives to become a key player in the sustainable energy revolution.