Nouveau Monde Graphite (TSX.V: NOU)
Announced that it has received approval for the listing of its common shares on the New York Stock Exchange (“NYSE”).
The Company expects its common shares will open for trading on the NYSE on May 24, 2021, under the symbol “NMG”.
|Nouveau Monde||TSX.V : NOU|
|Market cap||C$593 m @ C$15.99|
This is a fantastic achievement for a company that has persevered through some very lean early years, yet always kept their belief in their graphite project, and their ability to bring the project through to production.
When CEO Eric Desaulniers first presented to us in London, NOU were a 10 cent stock struggling for funding in a horrible mining financing environment, which illustrates what an achievement this NYSE listing really is.
Well done Eric and his team!
About Nouveau Monde Graphite
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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