+ NMG has opened a New York corporate
office to further service and interact with the U.S. investment
community.
+ NMG has also set up a comprehensive
Investor Relations function in New York, with the appointment of
Mr. Mark Mitchell, of Matrix Advisors, who will be focusing on
servicing the U.S. market.
+ At the same time, the Company announces
the appointment of Marc Jasmin, who will be leading NMG’s efforts
with institutions and the Canadian market.
+ NMG has been invited to ring the
Closing Bell at the NYSE on March 23, 2022, and will host an
invitation-only reception to further engage with its existing and
future potential investors.
Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the
“Company”) (NYSE: NMG, TSXV: NOU) is pleased to announce the
appointment of Mr. Marc Jasmin as Director of Investor Relations,
with a focus on the institutional investors as well as the Canadian
market, and that it has entered into a consulting and advisory
services agreement (the “Consulting Agreement”) with Matrix
Advisors, LLC (“Matrix”), a company based in the U.S., pursuant to
which Matrix will provide the dedicated, non-securities related
services of one of its affiliates' employees, Mr. Mark Mitchell, to
support NMG’s investor relations activities, subject to the TSX
Venture Exchange approval. In addition, to further enhance the
Company’s connectivity with the U.S. investment community, NMG has
opened a New York corporate office, located at 400 Park Avenue in
New York City.
Following its successful listing on the New York Stock Exchange
(“NYSE”) – the world’s largest and most important capital market –
NMG has been invited to ring the Closing Bell on March 23, 2022.
The Company’s Board of Directors and executive team will take part
in the ceremony and host special guests with a reception following
the event. The reception is by invitation-only due to limited
space.
Eric Desaulniers, Founder, President and Chief Executive
Officer, comments: “NMG is a North American success story, leading
the way in developing a local and carbon-neutral integrated value
chain for graphite-based anode material as an alternative to
Chinese production. The velocity and intensity of development of
the battery and electric vehicle markets in the Western World are
testaments to our sound business strategy. With the support of Marc
Jasmin and Mark Mitchell, we will convey NMG’s value proposition
across investment sectors to gather continued support for our
growth.”
Marc Jasmin
The Company has entered into an employment agreement for an
indefinite term with Mr. Jasmin pursuant to which he will, as of
March 28, 2022, handle investor relations activities for the
Company, with a focus on institutional investors and the Canadian
market. Prior to joining NMG, Mr. Jasmin worked with various
Canadian public issuers where he held positions that included
responsibility for investor relations. Mr. Jasmin graduated from
HEC Montréal with a business and administration degree, and is a
Certified Professional Accountant (CPA/CMA). Most recently, Mr.
Jasmin served as senior director investor relations of a
clinical-stage pharmaceutical company. In these capacities, amongst
others, Mr. Jasmin supported the senior management team developing
and implementing their investor relations strategy in Canada and
the United States.
As part of his compensation and pursuant to the Company’s stock
option plan, and subject to regulatory approval, Mr. Jasmin will be
granted incentive stock options exercisable to purchase up to
30,000 common shares in the capital of the Company at an exercise
price of $8.49 per common share for a period of five years. The
incentive stock options will vest quarterly over a 24-month period.
Mr. Jasmin will be an employee of the Company and will receive a
base salary in line with market conditions.
Matrix
In addition, the Company has entered into the Consulting
Agreement, with a term commencing on March 21, 2022, for a period
of 24-months. Pursuant to the Consulting Agreement, Matrix will,
through the dedicated services of Mr. Mark Mitchell, provide
investor relations services to the Company with a focus on the
American market. Matrix is a boutique financial services firm based
in New York City that focuses on strategic advisory services and
growth equity investments for small and medium enterprises. As an
early investor and advisor to the Company, Matrix has been a
long-standing partner to NMG, and this engagement will further
broaden the well-established partnership as Nouveau Monde enters
its next phase of development.
Mr. Mitchell is a finance professional with over 15 years of
experience across several sectors, including capital formation,
project finance, trade finance, business development, private
equity, and wealth management/family office advisory. For the last
6 years, he has been focused on cleantech-greentech companies,
renewable energy projects, sustainable technologies, and related
pollution solutions. Most recently, Mark spent two years with Bank
of America/Merrill Lynch, where his responsibilities included
business development for the investment bank, financial advisory
services, as well as loan processing, credit analysis and customer
servicing for the Paycheck Protection Program. His previous
engagement was with Verda Capital Partners, a boutique merchant
bank advising family offices and high net worth investors. Mr.
Mitchell is a registered broker and investment adviser, having
passed the Series 7 and Series 66 FINRA licensing exams. He holds a
BA from Rice University.
Matrix will be paid US$43,750 per quarter plus its expenses and
will be entitled to receive an annual bonus of up to US$75,000, in
the entire discretion of the Company. In addition, and pursuant to
the Company’s stock option plan, Mr. Mitchell will be granted
options exercisable to purchase up to 25,000 common shares in the
capital of the Company at an exercise price of $8.49 per common
share for a period of two years, vesting quarterly in equal
proportions during the 12 months following the grant date.
About Nouveau Monde
Nouveau Monde is striving to become a key contributor to the
sustainable energy revolution. The Company is working towards
developing a fully integrated source of carbon-neutral battery
anode material in Québec, Canada for the growing lithium-ion and
fuel cell markets. With low-cost operations and enviable ESG
standards, Nouveau Monde aspires to become a strategic supplier to
the world’s leading battery and automobile manufacturers, providing
high-performing and reliable advanced materials while promoting
sustainability and supply chain traceability. www.NMG.com
Subscribe to our news feed: https://NMG.com/investors/#news
Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact,
contained in this press release including, but not limited to,
statements regarding the approval of the TSXV of the Consulting
Agreement, the grant of the options and those statements which are
discussed under the “About Nouveau Monde” paragraph which
essentially describe the Company’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 Company 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. Moreover,
these forward-looking statements were based upon various underlying
factors and assumptions.
Forward-looking information and statements are subject to known
or unknown risks and uncertainties that may cause actual results to
differ materially from those anticipated or implied in the
forward-looking information and statements. Risk factors that could
cause actual results or events to differ materially from current
expectations include, among others, general business and economic
conditions, delays in the scheduled delivery times of the
equipment, the ability of the Company to successfully implement its
strategic initiatives and whether such strategic initiatives will
yield the expected benefits, the availability of financing or
financing on favorable terms for the Company, the dependence on
commodity prices, the impact of inflation on costs, the risks of
obtaining the necessary permits, the operating performance of the
Company’s assets and businesses, competitive factors in the
graphite mining and production industry, changes in laws and
regulations affecting the Company’s businesses, political and
social acceptability risk, environmental regulation risk, currency
and exchange rate risk, technological developments, the impacts of
the global COVID-19 pandemic and the governments’ responses
thereto, and general economic conditions, as well as earnings,
capital expenditure, cash flow and capital structure risks, general
business risks and other risks, uncertainties and factors set out
under the heading “Risk Factors” in the Company’s annual
information form dated April 30, 2021 and filed with Canadian
securities regulators available on the Company’s issuer profile on
SEDAR at www.sedar.com and filed with and available on the SEC’s
website at www.sec.gov. Unpredictable or unknown factors not
discussed in this Cautionary Note could also have material adverse
effects on forward-looking statements.
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 Company 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 Company is available on the SEDAR
database (www.sedar.com), and for United States readers on EDGAR
(www.sec.gov), and on the Company’s website at: www.NMG.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220314005292/en/
Julie Paquet VP Communications & ESG Strategy
+1-450-757-8905 #140 jpaquet@nmg.com
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