NMG · Nouveau Monde Graphite Inc.

Nouveau Monde Graphite Inc. has secured critical funding through the completion of a previously announced US$309.5 million equity financing package, comprising a US$213.2 million private placement and US$96.5 million from subscription receipts exchange. This pivotal step, alongside a US$335 million senior project debt commitment, enables the company to confirm its final investment decision for the Phase-2 Matawinie Mine, advancing its integrated graphite production in Québec. Proceeds will directly support mine design, engineering, construction, and working capital needs, positioning NMG to scale commercial operations for carbon-neutral graphite supply to energy and tech sectors. Shareholder approvals under TSX rules and Regulation 61-101 were obtained on May 13, 2026, ensuring compliance for these related party transactions involving CGF and IQ. Post-transaction, major investors hold significant stakes—CGF at 19.54% non-diluted, IQ at 17.92%, and new entrant ENI at 11.56%—with early warning reports to follow on SEDAR+. Concurrently, NMG bolstered its leadership by appointing Josée Gagnon as CLO to handle legal, governance, and compliance amid growth, and Martine Paradis as CSCO to drive sustainability, ESG integration, and culture. CEO Eric Desaulniers highlighted their expertise as key to executing strategy and governance. This de-risks project execution and enhances strategic partnerships, materially advancing NMG's path to becoming a key graphite supplier while upholding ESG commitments.