07:02 AM EST, 12/18/2025 (MT Newswires) -- Nouveau Monde Graphite ( NMG ) late on Wednesday said it plans to commence an overnight marketed public offering of common shares.
The number and pricing of common shares will be determined in the course of marketing and in the context of market conditions and other factors.
The final terms of the offering will be determined when Nouveau Monde enters into a definitive placement agency agreement with the placement agent.
Net proceeds from the offering will be used for procurement of long-lead equipment to initiate certain construction activities, cover detailed engineering and indirect costs for the Matawinie mine project, fund engineering activities for the Becancour battery material plant project, and general working capital and corporate expenditures.
Closing of the offering will be subject to customary closing conditions, including Toronto Stock Exchange and New York Stock Exchange approval.