Nouveau Monde Announces Appointment of Joint Financial Advisors for Matawinie Project
July 21 2021 - 3:00AM
Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”)
(NYSE: NMG, TSXV : NOU; Frankfurt : NM9A) has appointed
SD Capital Advisory Limited (“SDCA”) and GKB Ventures Limited
(“GKB”) as joint financial advisors to assist it with the
structuring and arranging of project financing, with a focus on
Export Credit Agencies (“ECA”), for the development of the
Company’s flagship Matawinie Graphite Mining project in Québec,
Canada.
SDCA is a London-based independent financial
boutique which focuses on securing project finance for corporates
and mining/resources companies in developed and frontier markets.
The firm specialises in strategic business advisory, financial
modelling and credit analysis. The team consists of experienced
finance professionals with major multinational, banking and
emerging markets experience that is complemented by geological and
process engineering expertise.
GKB is an independent consultancy helping
clients to secure cross-border transactions and access
international finance via ECAs. GKB delivers knowledge and access
to government-supported schemes, including ECA financing, creating
bespoke solutions which are scaleable for the long term.
Eric Desaulniers, President and CEO of
Nouveau Monde, explained: “With the commencement of
construction activities at our Matawinie property, we have a clear
roadmap to building, commissioning and delivering what is projected
to be the largest North American graphite operation. SDCA and GKB
will help further refine our project financing parameters and
assist us to gain access to international debt finance, a strategic
step in developing a sound capital structure that supports our
long-term growth.”
In a joint statement, David Buckle,
Chairman of SDCA, and Gabriel Buck, Managing Director of GKB,
said: “We are attracted by the exceptionally strong
characteristics of the Matawinie Project and Nouveau Monde’s
industry-leading ESG characteristics using sustainable and
innovative development measures and commitment to a tailor-made
climate action plan. The global electrification and clean energy
transition is well underway and the strategically located Matawinie
Project is well positioned to provide a responsibly sourced,
carbon-neutral product to help meet this burgeoning demand.”
About Nouveau MondeNouveau
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.
Media |
Investors |
Julie Paquet VP
Communications & ESG StrategyNouveau Monde +1-450-757-8905
#140jpaquet@nouveaumonde.ca |
Christina Lalli Director,
Investor RelationsNouveau Monde
+1-438-399-8665 clalli@nouveaumonde.ca |
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Cautionary Note Regarding
Forward-Looking Information All statements, other than
statements of historical fact, contained in this press release
including, but not limited to those related to the potential
project financing and involvement of ECAs, the Company’s objective
of developing the largest North American graphite operation, the
intended results and the timeline of the initiatives described in
this press release, and those statements which are discussed under
the “About Nouveau Monde” paragraph and elsewhere in the press
release which essentially describe the Company’s outlook and
objectives, constitute “forward-looking information” or
“forward-looking statements” within the meaning of certain
securities laws, and are based on expectations, estimates and
projections as of the time of this press release. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by the Company as of
the time of such statements, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
These estimates and assumptions may prove to be incorrect.
Moreover, these forward-looking statements were based upon various
underlying factors and assumptions, including the timely delivery
and installation of the equipment supporting the production, the
Company’s business prospects and opportunities and estimates of the
operational performance of the equipment, and are not guarantees of
future performance.
Forward-looking information and statements are
subject to known or unknown risks and uncertainties that 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 the scheduled delivery times of the equipment, the ability of
the Company to successfully implement its strategic initiatives and
whether such strategic initiatives will yield the expected
benefits, the availability of financing or financing on favourable
terms for the Company, the dependence on commodity prices, the
impact of inflation on costs, the risks of obtaining the necessary
permits, the operating performance of the Company’s assets and
businesses, competitive factors in the graphite mining and
production industry, changes in laws and regulations affecting the
Company’s businesses, political and social acceptability risk,
environmental regulation risk, currency and exchange rate risk,
technological developments, the impacts of the global COVID-19
pandemic and the governments’ responses thereto, and general
economic conditions, as well as earnings, capital expenditure, cash
flow and capital structure risks and general business risks.
Unpredictable or unknown factors not discussed in this Cautionary
Note 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 any
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 relating to the future. The
Company disclaims any intention or obligation to update or revise
any forward-looking statements 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 regarding Company is
available in the SEDAR database (www.sedar.com) and on the
Company’s website at: www.NouveauMonde.group
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