The Prospector News

Nouveau Monde Has Successfully Been Admitted and Will Commence Trading on the NYSE on Monday, May 24, 2021

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Nouveau Monde Has Successfully Been Admitted and Will Commence Trading on the NYSE on Monday, May 24, 2021

 

 

 

 

 

Nouveau Monde Graphite Inc. (TSX-V: NOU) (OTCQX: NMGRF) (FSE: NM9) is pleased to announce that it has received approval for the listing of its common shares on the New York Stock Exchange. The Company expects its common shares will open for trading on the NYSE on May 24, 2021, under the symbol “NMG”.

 

Arne H Frandsen, Chairman of Nouveau Monde, commented: “An extraordinary journey has just achieved another milestone. As Chairman, I am so proud of the Nouveau Monde team, and how we have so promptly secured a listing on the world’s largest and most important capital market, namely the New York Stock Exchange. This comes as we have commenced the work on our Phase 1 beneficiation plant, which early in 2022 is expected to start producing battery grade shaped, purified and coated graphite. We remain committed to becoming North America’s largest fully integrated anode material production facility, and ultimately delivering our critical materials with zero carbon footprint from our Québec-based facilities.

 

Eric Desaulniers, President and CEO of Nouveau Monde, added: “As the Western World’s economy is on the verge of a major industrial shift driven by the electrification of transportation and energy storage systems, the entire Nouveau Monde team is thrilled to play a meaningful role in the sustainable extraction and transformation of an essential battery material to help make this revolution possible. Nouveau Monde is a true North American story of local security of supply, full traceable verticalization, carbon-neutrality, lot-by-lot consistency and long-term cost structure resilience. We are striving to advance, one milestone at a time, towards our objective of establishing our company as a leading supplier of battery material.”

 

Additional Information for Shareholders

 

In addition to listing and trading on the NYSE in U.S. dollars, Nouveau Monde’s common shares continue to be listed and trade on the TSX Venture Exchange in Canadian dollars under the symbol “NOU”. Shareholders that purchased their Nouveau Monde common shares on the TSXV and, in connection with the NYSE listing, wish to trade in U.S. dollars are advised to contact their broker for more information.

 

Shareholders that purchased their Nouveau Monde common shares “over-the-counter” or OTC, including shareholders whose shares are denoted in their institution/broker account with the symbol “NMGRF”, are advised to monitor their account to ensure their holdings are updated to reflect the NYSE listing and trading symbol, as the Company expects OTC quotations for Nouveau Monde common shares to cease in connection with the NYSE listing. Shareholders are advised to contact their broker for more information if they have questions in this regard.

 

Nouveau Monde’s common shares will also continue to trade on the Frankfurt Stock Exchange under the symbol “NM9”.

 

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.

 

Posted May 19, 2021

Share this news article

MORE or "UNCATEGORIZED"


First Phosphate Intersects 92.5 m of 11.82% Igneous Phosphate Starting at Surface at Its Begin-Lamarche Project in Saguenay-Lac-St-Jean, Quebec, Canada

First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) is plea... READ MORE

April 23, 2024

Kuya Silver Provides Update on Mine Start-up and Uncovers New Major Silver-Mineralized Vein Zone South of the Bethania Mine, Peru

Kuya Targeting Commencement of Production at Bethania in H1 2024 ... READ MORE

April 23, 2024

Silvercorp Reports Operational Results and Financial Results Release Date for Fiscal 2024, and Issues Fiscal 2025 Production, Cash Costs, and Capital Expenditure Guidance

Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) reports pr... READ MORE

April 23, 2024

Lithium Ionic Expands Newly Discovered Zone at Salinas; Drills 1.53% Li2O over 15m, incl. 2.31% Li2O over 8m; 1.15% Li2O over 19m, incl. 1.67% Li2O over 10m, and 1.32% Li2O over 14m

Excellent follow-up drill results from high-grade discovery holes... READ MORE

April 23, 2024

Solaris Reports First Drilling Results from 2024 Program and Exploration Update, Including 150m of 0.67% CuEq within 384m of 0.51% CuEq and 284m of 0.53% CuEq from Near Surface

Solaris Resources Inc. (TSX: SLS) (NYSE: SLSR) is pleased to repo... READ MORE

April 23, 2024

Copyright 2024 The Prospector News