NMG Announces Closing of US$20 Million Public Offering of Common Shares

Core Viewpoint - Nouveau Monde Graphite Inc. has successfully closed a public offering of 8,333,334 common shares at a price of US$2.40 per share, raising approximately US$20 million in gross proceeds [1]. Group 1: Offering Details - The public offering consisted of 8,333,334 common shares priced at US$2.40 each [1]. - The total gross proceeds from the offering amount to approximately US$20 million [1]. - Maxim Group LLC served as the sole placement agent for the offering [1]. Group 2: Use of Proceeds - The company plans to utilize the net proceeds from the offering for procurement purposes [1].