Nouveau Monde announces the granting of stock options
MONTREAL, Nov. 18, 2022 (GLOBE NEWSWIRE) — Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NEW) announces the grant of 50,000 stock options to an executive. These stock options are granted in accordance with the terms of the Company’s stock option plan. Each option entitles its holder to purchase one common share of the Company at a price of $6.48 per common share for a period expiring on November 13, 2027. These options will vest in four equal installments every three months following the date of attribution.
About New World
Nouveau Monde strives to become a key player in the sustainable energy revolution. The Company is working to develop a fully integrated source of carbon-neutral battery anode material in Quebec, Canada, 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 high-performance and reliable advanced materials while promoting sustainability and traceability across the supply chain. ‘supply. www.NMG.com
VP Communication & ESG Strategy
Caution Regarding Forward-Looking Information
All statements, other than statements of historical facts, contained in this press release, including, but not limited to, the “About Nouveau Monde” paragraph which essentially describes the outlook and objectives of the Company, constitutes “forward-looking information” or “forward-looking information”. statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections at the time of this press release. Forward-looking statements are necessarily based on a number of estimates and assumptions which, although considered reasonable by the Company at 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. In addition, these forward-looking statements were based on various underlying factors and assumptions, including current technology trends, the business relationship between the Company and its stakeholders, the ability to operate safely and efficiently, the delivery and the timely installation of equipment supporting 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 and unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied by 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 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 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 obtaining the necessary authorizations, the operational performance of the Company’s assets and activities, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the Company’s activities , the risk of political and social acceptability, the risk of environmental regulations, the risk of c and currency exchange rates, technological developments, the impacts of the global COVID-19 pandemic and government responses thereto, and general economic conditions, as well as earnings, risks relating to capital expenditures, flows liquidity and capital structure and general business risks. Unpredictable or unknown factors not discussed in this cautionary statement could also materially adversely affect any forward-looking statements.
Many of these uncertainties and contingencies may directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied by the 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 regarding the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material differences 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.