capital · May 18, 2026
Nouveau Monde Graphite Completes US$309.5M Equity Financing and Confirms Matawinie Mine FID
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Nouveau Monde Graphite completed a US$309.5 million equity financing package on May 15, 2026 and confirmed the final investment decision for its Phase-2 Matawinie Mine. The package included a US$213.16 million private placement with Canada Growth Fund Inc., Investissement Québec and Eni S.p.A. plus a US$96.5 million bought deal public offering at US$1.84 per share. Shareholder approvals were obtained on May 13, 2026 and the company appointed Josée Gagnon as Chief Legal Officer and Martine Paradis as Chief of Sustainability and Culture Officer. Senior project debt facilities of US$335 million from EDC and BIC complete the full financing package for construction. Nouveau Monde Graphite now holds 329,114,330 common shares outstanding after the transaction.