Core Viewpoint - Nouveau Monde Graphite Inc. announces the payment of accrued interests through the issuance of common shares as part of a private placement previously disclosed [1][2]. Group 1: Payment of Accrued Interests - The accrued interests owed to Investissement Québec for Q4 2025 under an unsecured convertible note will be deemed paid upon approval from the Toronto Stock Exchange and the New York Stock Exchange [2]. - A total of 131,659 common shares will be issued at a price of US$2.44 each, amounting to US$321,248, to cover the accrued interests due on December 31, 2025 [3]. - The issuance of common shares is subject to a four-month and one-day hold period after approval from the Exchanges [3]. Group 2: Related Party Transaction - The payment in common shares is made to Investissement Québec, a holder of over 10% of the company's securities, qualifying as a related party transaction under Regulation 61-101 [4]. - The company's directors have determined that exemptions from official valuation and minority holder approval can be invoked, as the fair market value of the shares does not exceed 25% of the company's market capitalization [4]. Group 3: Company Overview - Nouveau Monde Graphite is focused on developing responsible mining and advanced processing operations to supply carbon-neutral graphite materials globally [5]. - The company is establishing a fully integrated ore-to-processed-graphite value chain in Québec, Canada, targeting industries such as energy, defense, technology, and manufacturing [5]. - NMG aims to become a strategic supplier of advanced materials while promoting sustainability, innovation, and supply chain traceability [5].
NMG Pays Accrued Interests