Nouveau Monde Graphite Announces Payment of Accrued Interest to Investissement Québec via Share Issuance

Reuters10-01

Nouveau Monde Graphite Announces Payment of Accrued Interest to Investissement Québec via Share Issuance

Nouveau Monde Graphite Inc. (NYSE: NMG, TSX: NOU) has announced the settlement of accrued interest owed to Investissement Québec for the third quarter of 2025 under its unsecured convertible note. The company will issue 106,161 common shares at a price of US$2.79 per share, totaling approximately US$296,189, to settle the interest payment. This transaction, considered a related party transaction as Investissement Québec holds more than 10% of NMG's securities, falls under exemptions for official valuation and minority approval requirements, as the value does not exceed 25% of NMG's market capitalization. The share issuance is subject to exchange approval and will carry a four-month hold period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nouveau Monde Graphite Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251001361459) on October 01, 2025, and is solely responsible for the information contained therein.

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This transaction, considered a related party transaction as Investissement Québec holds more than 10% of NMG's securities, falls under exemptions for official valuation and minority approval requirements, as the value does not exceed 25% of NMG's market capitalization. The share issuance is subject to exchange approval and will carry a four-month hold period.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nouveau Monde Graphite Inc. published the original content used to generate this news brief via Business Wire (Ref. 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