CLEVELAND, Oct. 31, 2024 /PRNewswire/ -- NexaMotion Group (NMG) is accelerating its national expansion plans by acquiring City Auto Supply. The company has a total of three wholesale distributor locations: two in San Francisco, CA, and one in Honolulu, HI. City Auto Supply was represented by Schwartz Advisors, and the terms were not disclosed. City Auto Supply is a U.S. veteran-owned corporation founded in the San Francisco Bay Area in 1986. The company carries over 100,000 individual parts and is a leading distributor of automotive parts and supplies to the auto repair indust

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ((NMG, TSX.V: NOU)) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the "Exchanges"), the accrued interests owed to Investissement Québec ("Holder") for the third quarter of 2024 under the unsecured convertible note, as amended and restated, (the "Note") issued in connection with the private placement announced by press release dated November 8, 2022 will be deemed paid. 205,460 common shares at a price of US$1.59 (each, a "Common Share") representing an aggregate amount of

Electrical substation contract awarded to ABB; NMG to benefit from robust technical expertise and dedicated resources overseeing engineering, supply, commissioning and start-up of the substation Matawinie Mine to be powered by clean hydroelectricity to enable zero-emission operations, what is projected to become the world's first all-electric open-pit mine Detailed engineering advancing through continuous work with AtkinsRéalis and SRK Active engagement with local and Indigenous contractors ahead of the start of construction to inform procurement strategy and maximize benefits to the regional economy Financing completed for recreational center to be implemented adjacent to the mine

Leblanc, a senior mining executive with over 30 years of experience in the industry, was previously serving as Managing Director, Rio Tinto Iron & Titanium, overseeing operational and commercial responsibilities for the division. As a Director, Leblanc brings a unique combination of business and technical expertise, as well as know how in respect to building and operating advanced mining and processing facilities across the world. Nouveau Monde Graphite Inc. ("NMG" or the "Company") ((NMG, TSX.V: NOU)) proudly announces the appointment of Stéphane Leblanc to its Board of Directors, effective September 10, 2024. A senior executive with extensive global operational and functional leaders

Accelerated engineering of Phase-2 facilities to update the results of the Company's integrated ore-to-anode-material feasibility study in view of the specific requirements from Panasonic Energy and GM, CAPEX optimization, and other project planning developments, in preparation for FID. Preliminary work is ongoing at the Phase-2 Bécancour Battery Material Plant site in preparation for the launch of construction. Progress on the development of zero-emission equipment for the Matawinie Mine by Caterpillar as a result of direct involvement from respective technical and mining teams informing an integrated solution tailored to NMG's site. Approval by the regulatory body of the powerli

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ((NMG, TSX.V: NOU)) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the "Exchanges"), the accrued interests owed to Investissement Québec ("Holder") for the second quarter of 2024 under the unsecured convertible note, as amended and restated, (the "Note") issued in connection with the private placement announced by press release dated November 8, 2022 will be deemed paid. 172,048 common shares at a price of US$1.89 (each, a "Common Share") representing an aggregate amoun

Reappointment of the Directors and adoption of all resolutions submitted shareholders. Having a majority of its Phase-2 production reserved via offtakes with Panasonic Energy and GM, active commercial engagement with other tier-1 battery and EV manufacturers to formalize long-term agreements on active anode material volumes and potential equity investment. Strong footing for launch of construction once minimum financing is reached; construction-ready Phase-2 sites, core owner team assembled, and project execution strategy outlined. Project financing diligently advancing through engagement with multiple governmental agencies and programs, strategic investors, and lenders. Strong

TORONTO, May 15, 2024 /PRNewswire/ - Mason Resources Inc. (TSXV:LLG) (OTCQX:MGPHF) ("Mason") is pleased to announce that it invested $1,000,000 in NorthX Nickel Corp. (CSE:NIX) (OTCQB:RCHRF), formerly known as Archer Exploration Corp. ("NorthX"), under a private agreement transaction (the "Transaction") as part of a private placement of $2,275,000 in units of NorthX ("Units") announced by NorthX on April 26, 2024. Pursuant to the Transaction, Mason subscribed to 4,166,667 Units at a price of $0.24 per Unit, each Unit being comprised of one common share of NorthX (a "Share") and one Share purchase warrant of NorthX (a "Warrant"), and each Warrant entitling Mason to purchase one Share at a pri

Following multiyear offtakes and strategic investments from Panasonic Energy and GM, reinforced commercial engagement with tier-1 EV and battery manufacturers toward additional offtake agreement(s) for the remainder of NMG's Phase-2 active anode material production. Assisted by Société Générale and BMO Capital Markets, continued discussions with multiple governmental agencies and programs, strategic investors, and lenders to refine the targeted capital structure for the Phase-2 project financing. Project execution strategy outlined for the construction of Phase-2 facilities with an integrated project team model to ensure greater control over the project's direction as well as reduced

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ((NMG, TSX.V: NOU)) confirms it has closed its private placements previously announced on February 15, 2024, and May 1st, 2024, (the ‘'Private Placements") representing a gross aggregate amount of US$37.5 million from Mitsui & Co., Ltd. (‘'Mitsui") (TYO:8031) and Pallinghurst Bond Limited (‘'Pallinghurst"). For further information regarding the Private Placements, please refer to NMG's press releases dated May 1, 2024, and February 15, 2024, available under the Company's profile on SEDAR+ at www.sedar.com and on EDGAR at www.sec.gov, as well as on NMG's website at: https://nmg.com/private-investment-offtake/ and https://nmg.com/approval

H.C. Wainwright initiated coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $17.00

B. Riley Securities resumed coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $7.00 from $15.00 previously

BMO Capital Markets initiated coverage of Nouveau Monde Graphite with a rating of Market Perform

B. Riley Securities initiated coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $16.00

ROTH Capital initiated coverage of Nouveau Monde Graphite with a rating of Buy and set a new price target of $11.00

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

SD - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

6-K - Nouveau Monde Graphite Inc. (0001649752) (Filer)

Leblanc, a senior mining executive with over 30 years of experience in the industry, was previously serving as Managing Director, Rio Tinto Iron & Titanium, overseeing operational and commercial responsibilities for the division. As a Director, Leblanc brings a unique combination of business and technical expertise, as well as know how in respect to building and operating advanced mining and processing facilities across the world. Nouveau Monde Graphite Inc. ("NMG" or the "Company") ((NMG, TSX.V: NOU)) proudly announces the appointment of Stéphane Leblanc to its Board of Directors, effective September 10, 2024. A senior executive with extensive global operational and functional leaders

Reappointment of the Directors and adoption of all resolutions submitted shareholders. Having a majority of its Phase-2 production reserved via offtakes with Panasonic Energy and GM, active commercial engagement with other tier-1 battery and EV manufacturers to formalize long-term agreements on active anode material volumes and potential equity investment. Strong footing for launch of construction once minimum financing is reached; construction-ready Phase-2 sites, core owner team assembled, and project execution strategy outlined. Project financing diligently advancing through engagement with multiple governmental agencies and programs, strategic investors, and lenders. Strong

Following multiyear offtakes and strategic investments from Panasonic Energy and GM, reinforced commercial engagement with tier-1 EV and battery manufacturers toward additional offtake agreement(s) for the remainder of NMG's Phase-2 active anode material production. Assisted by Société Générale and BMO Capital Markets, continued discussions with multiple governmental agencies and programs, strategic investors, and lenders to refine the targeted capital structure for the Phase-2 project financing. Project execution strategy outlined for the construction of Phase-2 facilities with an integrated project team model to ensure greater control over the project's direction as well as reduced

Multiyear offtakes and strategic investments from Panasonic Energy and GM covering approximately 85% of NMG's planned Phase-2 fully integrated production of active anode material. Aggregate combined investment of US$50 million by Panasonic and GM, with a private placement of US$37.5M by Mitsui & Co., Ltd ("Mitsui") and Pallinghurst Bond Limited ("Pallinghurst") to surrender and cancel their convertibles notes dated November 8, 2022, upon the vote of the shareholders of NMG in accordance with MI-61-101 and regulatory approvals. Demonstration of strong long-term bankability underpinnings to support NMG's Phase-2 project financing via offtake agreements and intended future investments b

TORONTO, Aug. 1, 2023 /PRNewswire/ - Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSXV: LLG) (OTCQX:MGPHF) is pleased to report that its Chairman, Mr. Fahad Al-Tamimi, has acquired an aggregate of 6,399,500 common shares (the "Shares") in the capital of the Company. The Shares acquired represent approximately 4.53% of the issued and outstanding Shares of Mason Graphite. Prior to the transaction, Mr. Fahad Al-Tamimi owned 13,517,337 Shares, representing approximately 9.57% of Mason Graphite's issued and outstanding shares. Following the transaction, Mr. Fahad Al-Tam

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ((NMG, TSX.V: NOU)) held today its virtual Annual General and Special Meeting of Shareholders (the "Meeting"). The Meeting was complemented with a corporate presentation by NMG's management team providing shareholders with an update on the Company's key projects, commercial engagement, and growth plan. Eric Desaulniers, Founder, President, and CEO of NMG, said: "Thanks to our fully integrated Phase-1 operations and 110+ employees committed to our development, we have made headways over the past months to optimize our advanced manufacturing technologies, engage with tier-1 customers, and secure key commitments to finance and commercializ

MoU with Panasonic Energy to confirm intentions for a multi-year offtake agreement for a significant portion of NMG's active anode material from the Company's "ore-to-anode-material" Phase-2 production facilities. US$50 million private placement from Mitsui & Co., Investissement Québec and The Pallinghurst Group to support the next milestones for the project financing activities on both the Matawinie Mine Project and the Bécancour Battery Material Plant Project. Preliminary economic assessment on the Lac Guéret Mine project initiated for a minimum production of 250,000 tpa of graphite concentrate; the study should be completed in Q1-2023. Stephanie Anderson, an international finance

MONTRÉAL, Oct. 26, 2022 /PRNewswire/ - Mason Graphite Inc. ("Mason Graphite" or the "Company") (TSXV:LLG) (OTCQX:MGPHF) announced today that the Company has completed its change of business from a "Tier 2 mining issuer" to a "Tier 2 investment issuer" (the "COB") pursuant to Policy 5.2 – Changes of Business and Reverse Takeovers of the TSX Venture Exchange (the "TSX-V") which was approved at the special meeting of shareholders of the Company held on July 14, 2022. Governance Change The Company also announced today that Mr. Peter Damouni has been nominated as the new President,

QUEBEC, July 19, 2022 (GLOBE NEWSWIRE) -- LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce the appointment of Mr. David Torralbo as Chief Legal Officer on June 20, 2022. David has over 20 years of experience specializing in corporate and securities law, public and private M&A, corporate governance, litigation and risk management. Most recently, he served as Chief Legal Officer at Nouveau Monde Graphite (NYSE:NMG, TSXV:NOU) and, before that, as Chief Legal Officer of Atrium Innovations from 2011-2019. Before Atrium, David was a partner in the corporate group at Davies, Ward, Phillips & Vineberg. Earlier

Construction of NMG's coating unit essentially completed safely and on budget; cold commissioning is now underway. The only operational integrated North American natural graphite production, from mine to battery material: NMG now has the facilities to fully support the anode material qualification with its potential customers. The coating line completes the development of NMG's Phase 1, providing a strong foundation for the scale up to full commercial operations for 100,000 tpa of high-purity flake graphite at the Matawinie Mine and 42,000 tpa of CSPG at the Bécancour Battery Material Plant. Nouveau Monde Graphite Inc. ("NMG", "Nouveau Monde" or the "Company") ((NMG, NOU) held yester

WASHINGTON — While copper, lithium, nickel and cobalt often grab headlines when it comes to battery metals, there is an array of other minerals important to the energy transition away from fossil fuels. As the importance of manganese, graphite, silicon and fluorspar grows alongside demand for electric vehicles and renewable energy storage, that dynamic also highlights China's dominance of these industries. As government leaders in the United States and Europe work to build out their ex-China supply chains for a host of critical and strategic minerals, industry executives gathered at a recent Benchmark Mineral Intelligence mining conference in Washington, D.C., to discuss minerals and g

Multiple stocks on the New York Stock Exchange experienced sudden trading halts after 9:40 a.m. ET Monday due to technical issues. The unexpected pauses in trading were triggered by a technical issue categorized under the “Limit Up/Limit Down” code, which is typically used to curb excessive volatility in a single stock. The NYSE said it is investigating the reported technical issue. Among the largest companies halted on Monday were Berkshire Hathaway Inc. (NYSE:BRK) at 9:50:52 a.m. ET and Chipotle Mexican Grill, Inc. (NYSE:CMG) at 9:44:58 a.m. ET. Chipotle shares experienced a sudden and dramatic decline of 66%, plummeting from $3,097 to $1,047. The stock resumed trading at 10

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Piper Sandler slashed the price target for Salesforce, Inc. (NYSE:CRM) from $300 to $250. Piper Sandler analyst Brent Bracelin maintained a Neutral rating. Salesforce shares gained 0.7% to close at $271.62 on Wednesday. See how other analysts view this stock. Needham increased the price target for Pure Storage, Inc. (NYSE:PSTG) from $66 to $80. Needham analyst Mike Cikos maintained a Buy rating. Pure Storage shares gained 0.8% to close at $63.00 on Wednesday. See how other analysts view this stock.

HC Wainwright & Co. analyst Heiko Ihle maintains Nouveau Monde Graphite (NYSE:NMG) with a Buy and lowers the price target from $8 to $3.25.

Following multiyear offtakes and strategic investments from Panasonic Energy and GM, reinforced commercial engagement with tier-1 EV and battery manufacturers toward additional offtake agreement(s) for the remainder of NMG's Phase-2 active anode material production. Assisted by Société Générale and BMO Capital Markets, continued discussions with multiple governmental agencies and programs, strategic investors, and lenders to refine the targeted capital structure for the Phase-2 project financing. Project execution strategy outlined for the construction of Phase-2 facilities with an integrated project team model to ensure greater control over the project's direction as well as reduced pro

Graphite is a mining underdog. It’s one of the least known of the critical materials that go into making batteries. The market is currently controlled by China — unless Nouveau Monde Graphite (NYSE:NMG) and a handful of other Canadian companies can have a say. Graphite is used in the negative electrode of a lithium-ion battery, Julie Paquet, VP communications and ESG strategy at Nouveau Monde Graphite told Melanie Schaffer at Benzinga. “Everybody’s focused on minerals such as copper, nickel, lithium — the high-visibility metals, but the anode is made of 95% graphite, without which, you have no battery,” Paquet said. Those batteries are in your phone, and your laptop, as well as

YETI: -15% | YETI shares are trading lower after the company reported Q4 financial results that missed estimates and guided FY24 earnings below consensus. SOUN: 97% | BlackRock Reports 5.6% Passive Stake In SoundHound AI In 13G Filing NMG: 137% | Nouveau Monde Graphite Inks Offtake Agreement With GM For Canadian Graphite And $150M Equity Investment  

Panasonic Energy and GM (together, the "Anchor Customers") concurrently commit to multiyear offtake agreements for NMG's active anode material, covering approximately 85% of NMG's planned Phase-2 fully integrated production, from ore to battery materials. Strategic partner Mitsui and long-time investor Pallinghurst inject a total of $37.5 million into NMG's development, the aggregate proceeds of which will be used to repurchase their previously announced convertible notes.