Nouveau Monde Graphite Inc.

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Nouveau Monde Graphite Inc.

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This company has agreed to host a Houston luncheon for us in May.

MONTRÉAL, CANADA, February 10, 2023 – In line with its strategy of full vertical integration, Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) is continuing to develop its advanced graphite transformation technologies to supply the Western battery and electric vehicle (“EV”) market with environmentally friendly anode material. Through the Technoclimat program and the Fonds de recherche du Québec – Nature et technologies (“FRQNT”), the Government of Québec will provide the Company with financial leverage of up to CA$3.6 million for advanced graphite transformation projects.

> Financial assistance of CA$3 million through the Québec government’s Technoclimat program to support NMG’s advanced transformation of environmentally friendly anode material
> Additional grants of CA$600,000 from the FRQNT to go toward two R&D projects to optimize NMG’s advanced transformation processes
> Government leadership to develop critical and strategic minerals boosts NMG’s commercialization efforts and positions Québec and Canada as major players in the Western battery market
> From the mine to anode material, NMG is developing a fully integrated value chain offering traceability, carbon neutrality and local sourcing of graphite products
Dan Steffens
Energy Prospectus Group
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