07:46 AM EST, 01/02/2025 (MT Newswires) -- Nouveau Monde Graphite ( NMG ) , up nearly 9% in U.S. pre-market trading, says it has paid accrued interests as part of a US$50 million private placement that was entered into last October.

Investissement Quebec, which subscribed for US$12.5 million in the placement, was issued 193,000 shares at US$1.58 each as payment for the US$305,054 interest owed for the fourth quarter of 2024, the company said.

Nouveau Monde was last seen up US$0.14, to US$1.73, in New York trading.