NMG Pays Accrued Interests
Business Wire•01/10/2026•07:00 ET
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Key Highlights
- ➤283,265 shares at US$1.21 each will settle US$342,751 accrued interest
- ➤NMG (NMG) will pay Investissement Québec’s third-quarter 2026 interest in shares
- ➤Share issuance requires Toronto Stock Exchange and New York Stock Exchange approval
- ➤Shares will be subject to a four-month-and-one-day hold period
Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG , TSX: NOU , FSE: NM9A ) announces the payment of accrued interests as part of a previously announced private placement.
Upon the approval of the Toronto Stock Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec (“Holder”) for the third quarter of 2026 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.
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