Nouveau Monde Nominates Andrew Willis to its Board of Directors and Releases its Inaugural Annual Report
13 May 2021 - 11:10PM
Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”)
(TSXV: NOU; OTCQX: NMGRD; Frankfurt: NM9) is proud to announce the
nomination of Andrew Willis to its Board of Directors.
Andrew Willis is currently the Managing Partner
and Co-Founder of The Pallinghurst Group alongside Nouveau Monde’s
Chaiman Arne H. Frandsen.
Andrew has over 15 years of experience in
international finance, structuring and private equity. He started
his professional career as an accountant in New Zealand and after
moving to Europe spent three years with pan-European private equity
investment manager Candover Investments.
Andrew studied at INSEAD and was awarded an MBA
before jointly founding The Pallinghurst Group in 2006. He is also
a director of Sedibelo Platinum Mines as well as Nemaska Lithium.
At the same time, Chris Shepherd submitted his resignation as
Pallinghurst nominee on the board of directors to be replaced by
Andrew Willis effective today.
Arne H Frandsen, Chairman of Nouveau
Monde, stated: “I’d like to firstly thank Chris for his
important contribution to Nouveau Monde’s advancement over the last
two years. Chris has been instrumental in the evolution of the
Company. He will always be a friend of Nouveau Monde. At the same
time, I am delighted to be welcoming Andrew to our Board. Having
witnessed his successes first hand for 15 years, I have no doubt
that he will play a vital role in guiding Nouveau Monde, especially
in terms of finance and international business affairs.”
Inaugural Annual Report
The Company is also pleased to announce that it
released its 2020 Annual Report that highlights the progress made
in developing its wholly-owned Matawinie graphite mine for which
the Company recently obtained the Québec Government authorization
and its Bécancour anode material project. In line with its
commitment for sustainable development of its assets and corporate
practices, Nouveau Monde complemented its inaugural report with a
disclosure of its activities and impact as per the Global Reporting
Initiative Core Standards with additional indicators specific to
the Company’s material topics and to the United Nations’
Sustainable Development Goals.
Eric Desaulniers, President and CEO of
Nouveau Monde, continued: “2020 represented a pivotal year
in our endeavor to build our vertically-integrated company as we
strive to become a key contributor to the sustainable energy
revolution. Thanks to unwavering commitment from our employees and
a focus on our phased business strategy, we reached significant
milestones in our development, graduating from junior exploration
circles to a development-stage integrated mining and technology
company. We have grown tremendously, in terms of expertise, product
portfolio, and manufacturing platform. Our efforts to strengthen
our Company, seek meaningful partnerships, and map our zero-carbon
vision provide a solid foundation to reach our next
milestones.”
Consult our 2020 Annual Report
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 green
battery anode material in Québec, Canada. Targeting commercial
operations by 2023, the Company is developing advanced
carbon-neutral graphite-based material solutions 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.
Media |
Investors |
Julie Paquet Director,
Communications +1-450-757-8905
#140jpaquet@nouveaumonde.ca |
Christina Lalli Director,
Investor
Relations +1-438-399-8665 clalli@nouveaumonde.ca |
Subscribe to our news feed:
https://NouveauMonde.group/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 (i)
the positive impact of the foregoing on project economics, (ii) the
intended results of the initiatives described above and (iii)
generally, or 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, including the timely delivery and
installation of the equipment supporting the production, the
Company’s business prospects and opportunities and estimates of the
operational performance of the equipment, and are not guarantees of
future performance.
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, 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
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,
technological developments, the impacts of the global COVID-19
pandemic and the governments’ responses thereto, and general
economic conditions. Unpredictable or unknown factors not discussed
in this Cautionary Disclaimer 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 in the SEDAR
database (www.sedar.com) and on the Company’s website at:
www.NouveauMonde.group
Nouveau Monde Graphite (TSXV:NOU)
Historical Stock Chart
From Apr 2024 to May 2024
Nouveau Monde Graphite (TSXV:NOU)
Historical Stock Chart
From May 2023 to May 2024