Nouveau Monde Graphite Inc. priced a public equity offering of 8,333,334 common shares at $2.40 per share, generating gross proceeds of $20 million. The offering was priced on December 18 2025 and is expected to close on December 19 2025, with all shares offered exclusively in the United States under a supplement to the company’s Form F‑10 registration statement.
The company will allocate the proceeds to purchase long‑lead equipment, initiate construction activities for the Matawinie Mine project, fund engineering for an AACE Class 3 estimate of the 13 ktpy Bécancour Battery Material Plant, and support general working capital and corporate expenditures.
Nouveau Monde Graphite has reported negative EBITDA of $40.44 million in the last twelve months, reflecting its investment‑heavy growth phase. The company has secured offtake agreements with major automotive and battery manufacturers, including General Motors and Panasonic, underscoring demand for its carbon‑neutral graphite products.
The Matawinie Mine has been designated a Major Project of National Interest by the Canadian government, while the Bécancour plant represents a key advanced manufacturing platform for value‑added graphite processing. Both projects are central to the company’s strategy to establish a domestic supply chain for electric‑vehicle and energy‑storage markets.
The offering price of $2.40 represents a discount to the company’s recent trading price of $2.95 and comes after the stock had gained nearly 95% over the past year, indicating strong long‑term investor confidence despite the short‑term dilution from the equity raise.
By raising $20 million, Nouveau Monde Graphite will accelerate critical milestones for its flagship projects, strengthen its balance sheet, and position the company to capture growing demand for graphite in the expanding electric‑vehicle and battery sectors.
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