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Stock impact report

NMG Pays Accrued Interests

Nouveau Monde Graphite Inc. Common Shares (NMG) 
Company Research Source: Business Wire
MONTRÉAL--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement.Settlement of accrued interestsUpon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec (“Holder”) for the second quarter of 2024 under the unsecured convertible note, as amended and restated, (the “Note”) issued in connection with the private placement announced by press release dated November 8, 2022 will be deemed paid.172,048 common shares at a price of US$1.89 (each, a “Common Share”) representing an aggregate amount of US$325,171 will be issued and share certificates will be delivered to the Holder at the maturity, conversion or redemption of the Note in payment of the accrued interests due on June 30, 2024 for the second quarter of the year. The issuance of Common Shares is subject Show less Read more
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