NMG Announces the Closing of Aggregate US$50 Million Private Placement by Canada Growth Fund and Investissement Quebec
Nouveau Monde Graphite Inc. Common Shares (NMG)
Company Research
Source: Business Wire
MONTRÉAL--(BUSINESS WIRE)--NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESNouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) confirms it has closed its private placements from Canada Growth Fund Inc. (“CGF”) and the government of Quebec via Investissement Québec (“IQ”) previously announced on December 17, 2024 (the ‘’Private Placement”) representing a gross aggregate amount of US$50 million. Pursuant to the Private Placement, each of CGF and IQ subscribed to 19,841,269 common shares of NMG (“Common Shares”) at a price of US$1.26 per share and 19,841,269 common share purchase warrants (“Warrants”), for a consideration of approximately US$25,000,000.Proceeds from the Private Placement are destined to advance detailed and equipment-specific engineering with procurement of some long-lead items, support Phase-2 critical-path activities as well as to cover general and administrative expenses, working capital, and financing
Show less
Read more
Impact Snapshot
Event Time:
NMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NMG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NMG alerts
High impacting Nouveau Monde Graphite Inc. Common Shares news events
Weekly update
A roundup of the hottest topics
NMG
News
- NMG Announces the Closing of Aggregate US$50 Million Private Placement by Canada Growth Fund and Investissement Quebec [Yahoo! Finance]Yahoo! Finance
- Canada Growth Fund announces first transaction in critical minerals sector with investment in Quebec-based Nouveau Monde Graphite [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Nouveau Monde Graphite Inc. (NYSE: NMG) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $3.00 price target on the stock.MarketBeat
- Canada Growth Fund announces first transaction in critical minerals sector with investment in Quebec-based Nouveau Monde Graphite [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Recommended Stories [Yahoo! Finance]Yahoo! Finance
NMG
Earnings
- 11/14/24 - Beat
NMG
Analyst Actions
- 12/17/24 - HC Wainwright
NMG
Sec Filings
- 11/14/24 - Form 6-K
- NMG's page on the SEC website