Nouveau Monde Graphite Inc. (NYSE: NMG) (TSX-V: NOU) (Frankfurt: NM9) announces the grant of 605,000 stock options to directors, officers, employees and a consultant. These stock options are granted in accordance with the terms of the stock option plan of the Company. Each option entitles the holder thereof to purchase one common share of the Company at a price of $16.84 per common share for a period of five years from May 25, 2021.
About Nouveau Monde
Nouveau Monde is striving to become a key contributor to the sustainable energy revolution. The Company is working towards developing a fully-integrated source of green battery anode material in Québec, Canada. Targeting commercial operations by 2023, the Company is developing advanced carbon-neutral graphite-based material solutions for the growing lithium-ion and fuel cell markets. With low-cost operations and enviable ESG standards, Nouveau Monde aspires to become a strategic supplier to the world’s leading battery and automobile manufacturers, providing high performing and reliable advanced materials while promoting sustainability and supply chain traceability.
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We acknowledge the [financial] support of the Government of Canada.