CAPITAL MARKETS

Nouveau Monde to raise US$22M in bought deal

Nouveau Monde Graphite has entered into a bought deal financing agreement with a syndicate of underwriters led by BMO Capital Markets and Cormark Securities to raise US$22 million by issuing 4.85 million shares priced at $4.55, a 10% discount to the previous days' closing price.

Nouveau Monde Graphite's Matawinie in Quebec, Canada

Nouveau Monde Graphite's Matawinie in Quebec, Canada

After closing, the company may complete a non-brokered private placement of 2.9 million shares on the same terms to allow some shareholders to exercise their pre-emptive rights. The proceeds will be...

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