Battery Metals

Nouveau Monde, demonstrated the continued commitment to responsible and sustainable development and strengthened our social, economic and environmental partnership with our host community of Saint-Michel-des-Saints, signing a progressive collaboration and benefit-sharing agreement Completed a successful public consultation process culminating in a positive assessment by the environmental commission, the BAPE, as ...
  • Nouveau Monde, demonstrated the continued commitment to responsible and sustainable development and strengthened our social, economic and environmental partnership with our host community of Saint-Michel-des-Saints, signing a progressive collaboration and benefit-sharing agreement
  • Completed a successful public consultation process culminating in a positive assessment by the environmental commission, the BAPE, as part of the Government's diligent review for granting the Mining Decree for the Matawinie project
  • Successful commercialisation of Nouveau Monde's carbon-neutral anode and advanced battery materials , including the outperformance of our proprietary coated anode material compared to peers, and established European operations to respond to the worldwide increase in lithium-ion battery anode material demand
  • De-risked commercial development through the construction and commissioning of large-scale demonstration plants for value-added transformation to battery anode material and other advanced products
  • Nouveau Monde's international technical team, in partnership with our R&D consortium partners, advanced the development of our proprietary lithium-ion battery anode process , including silicon-enhanced anode material, and finalised a collaboration agreement with Volkswagen- and Mitsui-backed advanced coating company, Forge Nano
  • As a world first, confirmed our full commitment to sustainable and carbon-neutral, all-electric operations , underpinned by Nouveau Monde's advanced mine planning and supported by Quebec's renewable hydropower. Based on our achievements, we were selected by the Quebec and Canadian Governments as a key partner for the electrification of mining operations
  • Selected by the Quebec Government as the sole pilot project to implement the Global Battery Alliance's traceability of critical minerals for the mining and battery materials industries in Québec

Nouveau Monde Graphite ("Nouveau Monde" or "the Company") ( TSXV: NOU ; OTCQX: NMGRF ; Frankfurt: NM9 ) is pleased to have delivered on its commitment to advance its vertically-integrated graphite project in order to offer the electric vehicle ("EV") and renewable energy sectors, ethically-sourced and carbon-neutral, lithium-ion battery ("LiB") anode material by 2023.

Eric Desaulniers, the Company's President and CEO, stated: "2020 was a transformational year for Nouveau Monde. We accomplished much in all departments, R&D, sales & marketing, operations and corporate development. I want to thank all of my team members and all stakeholders, as it takes a lot of hard work and dedication to transition the Company from a junior mining company with a natural graphite deposit, to a fully-integrated, carbon-neutral, battery anode materials producer. Thanks to the professionalism of the entire team, I'm particularly proud that we were successful at achieving very specific and important operational milestones at our Saint-Michel-des-Saints plant safely, without injuries, while maintaining our employees health during these difficult pandemic times. By this time next year, the Company will look much different: we will be operating our purification furnaces at Bécancour, producing high-quality anode material destined to the EV market; we will be in construction of the mine and commercial facilities for the entire operation, and as for potential partnerships, we are eager to advance discussions and complete a partnership with a lead client in the LiB market. 2021 will be another remarkable year."

Selected milestones

  • In January, Nouveau Monde signed a collaboration and benefit-sharing agreement with the Saint-Michel -des-Saints and Upper Matawanie community . Recognising the importance of our local stakeholders, the agreement is the most progressive of its kind in Quebec's history. The agreement covers the mine's entire commercial operating life and will see Nouveau Monde contribute up to 2% of its net cash flow after taxes to the municipality to boost community development and reinvestment. Nouveau Monde will also contribute 1% of its net cash flow after taxes to a Community Fund to stimulate developmental projects in Upper Matawinie that have a social, economic and environmental impact during and beyond the mine's operating period. The bilateral agreement includes concrete actions in the areas of training, employability and business opportunities for the local population; the integration of the mining project into the territory through recreation and tourism development; and collaboration mechanisms to provide short-, medium- and long-term benefits for the community.
  • In February, the Company successfully commissioned its dem o nstration microni s ation and spheroni s ation operations and confirmed that the graphite concentrate from its Matawinie deposit is attractive for use in lithium-ion batteries. This has been confirmed through ongoing potential customer discussions for pre-qualification.
    • Also in Q1, the Company announced an updated NI43-101 pit-constrained Mineral Resource Estimate for its West Zone Deposit , located in the Tony Claim Block, which is part of its flagship Matawinie graphite property, with an increase of 25% in the combined Measured and Indicated Mineral Resource categories. Matawinie has 120.3 million tonnes @ 4.26% Cg, and as the largest graphite project in North America with significant expansion potential in other Zones on the property, Nouveau Monde is well-positioned to be a key supplier to meet the future growth of the electric vehicle market.
    • In July, Nouveau Monde received a positive evaluation from the Bureau d'audience s publiques sur l'environnement ( " BAPE " ) regarding its Matawanie project, and all aspects including the economic, environmental and social parameters developed by Nouveau Monde. The report recognized the economic justification, environmental innovations, integration measures and social benefits associated with the mining project.
    • In September, Nouveau Monde announced sales across North America, Europe and Asia , an important step in the commercialisation of our advanced carbon-neutral materials. In response to growing interaction with major EV companies and other major potential customers, Nouveau Monde opened a European sales office, in London, U nited K ingdom .
    • In October, Nouveau Monde announced two significant industry partnerships. The first, a multi-phase partnership with global chemical major, Olin Corporation , for its proprietary purification demonstration plant in Bécancour that will be commissioned by mid-2021, and later, for the commercial battery anode purification operations in 2023, when significant global battery-grade natural graphite shortages are expected to emerge. The second, a collaboration with US-based Forge Nano , an advanced nano-coating company backed by industry leaders such as Volkswagen, LG Technology Ventures and Mutsui. Through the application of Forge Nano's proprietary Atomic Layer Deposition ("ALD") coating technology, we expect Nouveau Monde to be able to offer a premium product to the lithium-ion battery market.
    • In November, Nouveau Monde was twice selected as a key partner by the Quebec Government for its electrification and critical minerals strategy. The first, as partner to the Quebec and Canadian Governments to showcase all-electric open-pit mining equipment, leveraging Quebec's clean and affordable hydropower. The second, to drive the implementation of the Global Battery Alliance's ("GBA") Battery Passport principles in Quebec, guaranteeing the traceability and sustainability of strategic minerals. The GBA includes members such as Audi, BMW Group, Google, Groupe Renault, Honda Motors, the International Energy Agency, LG Chem, Microsoft, Mitsubishi Corp., Propulsion Québec, Saft, SK Innovation, the United Nations Environment Programme, Umicore, Volkswagen, Volvo Group and the project positions Nouveau Monde well for future product commercialisation.
    • Throughout the year, Nouveau Monde showcased the results of its world-leading research and development consortium. In September, the Company announced an important technological breakthrough in its silicon-enhanced graphite anode material with improved performance characteristics. Then in November, the Company announced its proprietary coating process had outperformed the industry-leading Asian peers, establishing Nouveau Monde as a future producer of advanced and premium battery anode materials.
    • Finally in November, as a world first for open-pit mining, Nouveau Monde delivered on its commitment to the exclusive use of all-electrical equipment and vehicles in its mining operations; the Company advanced its procurement process for its fleet and charging infrastructure through an international call for pre-qualification, which has already resulted in significant global interest from high-profile industry participants.

As at December 16, Nouveau Monde had received CAD$3,185,895 from the exercise of 9,195,414 options and warrants, which is indicative of the strong share price performance as the Company advances, and will further support development activities in 2021.

Arne H. Frandsen, the Company's Chairman, stated: "I took over the Chairmanship in 2020, and it is with pride I look back to the achievements of our highly skilled team of world-class professionals. Through the unprecedented year of uncertainty and pain caused by COVID 19, I want, on behalf of the board, to thank all of our team members for their exceptional contribution and continued dedication. Nouveau Monde has demonstrated global leadership and innovation, as we successfully move forward towards becoming a world-leader in high quality responsibly-sourced green battery anode material. Please accept our best wishes of a Merry Christmas and a healthy and prosperous 2021."

To read all of this year's news releases, or to subscribe to receive them, visit: https://nouveaumonde.group/investors/#news

About Nouveau Monde

Nouveau Monde will be a key operator in the sustainable energy revolution. The Company is developing the only fully-integrated source of green battery anode material in the Western World. Targeting full-scale commercial operations by early 2023, the Company will provide advanced carbon-neutral graphite-based material solutions to the growing lithium-ion and fuel cell markets. With low-cost operations and the highest of ESG standards, Nouveau Monde will become a strategic supplier to the World's leading battery and auto manufacturers, ensuring robust and reliable advanced material, while guaranteeing supply chain traceability.

Media Investors
Julie Paquet
Christina Lalli
Director, Communications Director, Investor Relations
Nouveau Monde Nouveau Monde
+1-450-757-8905 #140 +1-438-399-8665
jpaquet@nouveaumonde.ca clalli@nouveaumonde.ca

Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release including, but not limited to (i) the positive impact of the foregoing on project economics, and (ii) generally, or the "About Nouveau Monde" paragraph which essentially describe the Corporation's outlook and objectives, constitute "forward-looking information" or "forward-looking statements" within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further information regarding Corporation is available in the SEDAR database (www.sedar.com) and on the Corporation's website at: www.NouveauMonde.ca


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Electric Royalties Closes Rana Nickel Royalty Acquisition

Electric Royalties Closes Rana Nickel Royalty Acquisition

Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce closing of the previously announced Rana Nickel Royalty acquisition (see news releases dated October 19, 2021 and December 16, 2021) with Scandinavian Resource Holdings ("SRH") and Global Energy Metals Corp. ("GEMC") to acquire a 1% net smelter revenue royalty on the Rana nickel project (the "Rana Project" or "Rana"). The Rana Project comprises four exploration licenses totaling 25 square kilometers in the Råna mafic-ultramafic intrusion in Northern Norway, including the past producing Bruvann Nickel mine

The Company has issued 1,800,000 common shares of the Company ("Consideration Shares") to Casper Peterson, Jeroen Van Gool, Martin Blakeman and Winton Willesee (as nominees for SRH) and made a cash payment of $90,000 to SRH, issued 200,000 Consideration Shares to GEMC and made a cash payment of $10,000 to GEMC. The Consideration Shares will be subject to a voluntary escrow lock-up agreement which provides that 50% of the common shares will be subject to a hold period of 4 months and one day, 25% for 8 months and the remaining 25% for 12 months. The transaction remains subject to customary closing conditions including TSX-V approval.

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The Transaction is a considered a "Fundamental Acquisition" pursuant to the policies of the TSX-V and, accordingly, the common shares were halted from trading pending their review of related documentation. Closing of the Transaction is still subject to a number of conditions including approval of the TSX-V, completion of US$40 million in debt/royalty/stream financing with Sprott Resource Streaming and Royalty Corp. and completion of the Company's previously announced $20 million private placement being led by Sprott Capital Partners LP. The Company anticipates that the equity financing will be oversubscribed and that the over allotment option will be exercised.

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Nouveau Monde Receives Important A2 Sustainability Rating from Moody's for its Green "Mine-to-Battery-Materials" Business and Provides a General Business Update

  • Nouveau Monde receives the second-highest grade on the Sustainability Rating scale from Moody's ESG Solutions 1
  • Nouveau Monde is uniquely committed to supplying the EV and renewable energy industries with a Zero-Carbon Footprint anode material
  • Having produced samples at 99.99% purity in 2021, Nouveau Monde plans in 2022 to complete and ramp up its commercial Phase-1 anode materials facility in Bécancour and advance its 42,000 tpa Phase-2 battery material plant
  • The construction of the all-electric Matawinie graphite mine is continuing according to plan with the objective of supplying carbon-neutral graphite for the EV and battery markets
  • All the above initiatives successfully support Nouveau Monde's fully integrated and sustainable "mine-to-battery-materials" business model and maintaining the Company's industry-leading ESG profile

On the heels of a positive assessment of its ESG performance, Nouveau Monde Graphite Inc. ("Nouveau Monde" or the "Company") ( NYSE: NMG , TSXV: NOU ) releases its 2022 goals for its project and corporate development. The Company expects to complete the deployment of its Phase-1 operations in the first half of this year while further advancing the planning and construction of its Phase-2 Bécancour battery material plant and Matawinie graphite mine towards a targeted integrated production capacity of 42,000 tonnes per annum ("tpa") of carbon-neutral anode material for the growing lithium-ion battery market.

Following the issuance of its inaugural ESG Report , Nouveau Monde sought independent assessment of its sustainability performance. The Company is pleased to report that Moody's ESG Solutions has provided a Sustainability Rating of A2 (‘Robust'), the second-highest grade on its rating scale, to Nouveau Monde.

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Click here to read the previous graphite outlook.

Graphite is an essential raw material used in electric vehicle (EV) batteries, and as sales of EVs grow, market watchers believe demand for the metal will surge.

Despite discussions about battery chemistry changes, many experts think graphite will remain a dominant element in EV batteries for at least the next decade. Both synthetic graphite and natural graphite, in the form of the intermediate product spherical graphite, are used in the anodes of lithium-ion batteries.

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