Nouveau Monde Graphite (NMG) Registration Filing summary

Company overview and business model

• Develops integrated, responsible mining and advanced processing operations to supply carbon-neutral graphite concentrate and anode material for electric vehicles and energy storage systems, with a phased development plan for the Matawinie Mine and Battery Material Plants projects.

• Prioritizes the 13 ktpy Battery Material Plant as an initial milestone, with future expansion planned through the Uatnan Mining Project.

• Operates demonstration plants to optimize processes and support customer qualification, aiming to become a strategic supplier to global battery and EV manufacturers.

Financial performance and metrics

• No history of revenues from operating activities; cash and cash equivalents were $106.3M as of December 31, 2024.

• Negative cash flow from operations: $51.95M in 2024, $39.52M in 2023, and $44.88M in 2022.

• Net loss and comprehensive loss of $73.29M for the year ended December 31, 2024.

• Working capital of $67.03M and current liabilities of $46.98M as of December 31, 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales will fund construction, commissioning, working capital, and reserves for the Matawinie Mine, Battery Material Plants, and Uatnan Mining projects, as well as general corporate purposes.

• Proceeds may also be used for acquisitions, collaborations, or other opportunities.