Nouveau Monde Graphite (NMG) said late Wednesday it plans to launch an overnight marketed public offering of its common shares in the US.
The Canadian company intends to use the net proceeds for the procurement of long-lead equipment to initiate certain construction activities and to cover engineering and indirect costs incurred by its Matawinie Mine project in Montreal, among other things, it said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments