Nouveau Monde Graphite (NMG) Registration Filing summary

Company overview and business model

• Aims to become an integrated, responsible supplier of carbon-neutral graphite concentrate and anode material for EVs and energy storage, with a phased development plan for mining and advanced processing in Québec.

• Prioritizes the Matawinie Mine and Battery Material Plants, with a focus on ESG standards and strategic partnerships to serve global battery and EV manufacturers.

• Holds four subsidiaries, including entities for mining and battery material processing, and is expanding with the Uatnan Mining Project for future growth.

Financial performance and metrics

• No history of revenues; cash and cash equivalents were $106.3M as of Dec 31, 2024, with negative cash flow from operations of $52M in 2024 and a net loss of $73.3M.

• Working capital stood at $67M and current liabilities at $47M as of Dec 31, 2024.

• Anticipates continued negative cash flow until commercial production at Matawinie Mine or Battery Material Plants.

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 Project, as well as general corporate purposes.