Nouveau Monde announces the appointment of joint financial advisers for the Matawinie project
DGAP-News: Nouveau Monde Graphite / Keyword (s): Miscellaneous
07/21/2021 / 09:03
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– Joint financial advisers appointed to help structure and secure project financing for the construction and development of Nouveau Monde’s flagship Matawinie Graphite Mining project in Quebec, Canada.
– Emphasis is placed on access to international debt financing through export credit agencies, a secure and less expensive form of long-term capital.
MONTREAL, QUEBEC, July 21, 2021 – Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU; Frankfurt: NM9A) appointed SD Capital Advisory Limited (“SDCA”) and GKB Ventures Limited (“GKB”) as joint financial advisers to assist it in structuring and organizing project finance, with an emphasis on export credit agencies (“ECA”), for the development of the flagship project of the Société Matawinie Graphite Mining in Quebec, Canada.
SDCA is an independent London-based financial boutique focused on securing project finance for businesses and mining / resource companies in developed and frontier markets. The firm specializes in strategic business advice, financial modeling and credit analysis. The team is made up of experienced finance professionals with experience in large multinationals, banks and emerging markets, complemented by expertise in geology and process engineering.
GKB is an independent consulting firm that helps clients secure cross-border transactions and access international funding through ECAs. GKB provides knowledge and access to government-backed programs, including ECA funding, creating tailored solutions that are scalable over the long term.
Eric Desaulniers, Chairman and CEO of Nouveau Monde, explained: “With the start of construction activities on our Matawinie property, we have a clear roadmap for the construction, commissioning and delivery of what is expected to be the largest graphite mine in North America. SDCA and GKB will help further refine our project finance parameters and help us access international debt financing, a strategic step in developing a strong capital structure that supports our long-term growth. “
In a joint statement, David Buckle, President of SDCA, and Gabriel Buck, Managing Director of GKB, said: “We are drawn to the exceptionally strong characteristics of the Matawinie project and the cutting edge ESG characteristics of Nouveau Monde using sustainable and innovative development measures and a commitment to a tailor-made climate action plan. Global electrification and the transition to clean energy are well underway and the strategically located Matawinie project is well positioned to provide a responsible sourcing carbon neutral product to meet this growing demand. “
About New World
Nouveau Monde is striving to become a key contributor to the sustainable energy revolution. The Company is working on the development of a fully integrated source of green battery anode material in Quebec, Canada. Targeting commercial operations by 2023, the Company is developing advanced carbon-neutral graphite 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 automotive manufacturers, providing advanced materials with high performance and reliability while promoting the durability and traceability of the supply chain.
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Caution regarding forward-looking information
All statements, other than statements of historical fact, contained in this press release, including, but not limited to, those relating to potential project financing and participation of ECAs, the Company’s objective of developing the largest graphite mine in North America, the expected results and timelines of the initiatives described in this press release, and the statements which are discussed in the “About New World” section and elsewhere in the press release which primarily describe the prospects and objectives of the Company, constitute “forward-looking information” or “forward-looking information” forward-looking statements ”within the meaning of certain securities laws, and are based on current expectations, estimates and projections. at the time of this press release. Forward-looking statements are necessarily based on a number of estimates and assumptions. arguments which, although considered reasonable by the Company at the time of these statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be inaccurate. In addition, these forward-looking statements were based on various underlying factors and assumptions, including the on-time delivery and installation of equipment supporting production, the Company’s business prospects and opportunities, and performance estimates. operation of the equipment, and are not guarantees of future performance.
Forward-looking information and statements are subject to known or unknown risks and uncertainties which may cause actual results to differ materially from those anticipated or implied in the forward-looking information and statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, delays in expected delivery times of equipment, the Company’s ability to successfully implement its strategic initiatives and whether these strategic initiatives will produce the expected results employee benefits, the availability of financing or financing on favorable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, risks of obtaining the necessary permits, operational performance of the Company’s assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the activities of the Company, risk of political and social acceptability, risk of environmental regulation, risk of change e and exchange rates, technological developments, impacts of the global COVID-19 pandemic and government responses to it, and general economic conditions, as well as earnings, capital expenditures, treasury risks and capital structure and general business risks. Unpredictable or unknown factors not addressed in this cautionary statement could also have material adverse effects on forward-looking statements.
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause actual results to differ materially from those expressed or implied in forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans for the future. The Company disclaims any intention or obligation to update or revise any forward-looking statement or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Further information relating to the Company is available in the SEDAR database (www.sedar.com) and on the Company’s website at: www.NouveauMonde.group
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