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NMG Announces Uplisting to the Toronto Stock Exchange

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Nouveau Monde Graphite (NYSE: NMG, TSXV: NOU) has received final approval to uplist its common shares to the Toronto Stock Exchange (TSX), effective January 20, 2025, under the ticker symbol 'NOU'. The uplisting follows significant commercial, financing, and corporate development milestones achieved in 2024.

The company's common shares will be voluntarily delisted from the TSX Venture Exchange at market close on January 17, 2025. The TSX uplisting, complementing NMG's NYSE listing, aims to enhance the company's visibility and credibility in capital markets, particularly in the North American battery and EV sector.

The TSX ranks as the third-largest North American exchange by market capitalization and tenth largest globally, serving as the primary listing venue for numerous large mining, energy, and clean technology companies in Canada.

Nouveau Monde Graphite (NYSE: NMG, TSXV: NOU) ha ricevuto l'approvazione finale per il passaggio delle proprie azioni ordinarie alla Toronto Stock Exchange (TSX), a partire dal 20 gennaio 2025, con il simbolo di borsa 'NOU'. Questo passaggio segue importanti traguardi commerciali, di finanziamento e di sviluppo aziendale raggiunti nel 2024.

Le azioni ordinarie della società saranno volontariamente rimosse dalla TSX Venture Exchange alla chiusura del mercato il 17 gennaio 2025. Il passaggio alla TSX, che si aggiunge alla quotazione di NMG al NYSE, ha l'obiettivo di aumentare la visibilità e la credibilità della società nei mercati di capitale, in particolare nel settore delle batterie e dei veicoli elettrici in Nord America.

La TSX si classifica come la terza borsa nordamericana per capitalizzazione di mercato e la decima a livello globale, servendo come principale sede di quotazione per numerose grandi aziende nel settore minerario, energetico e della tecnologia pulita in Canada.

Nouveau Monde Graphite (NYSE: NMG, TSXV: NOU) ha recibido la aprobación final para listar sus acciones comunes en la Bolsa de Valores de Toronto (TSX), con efecto desde el 20 de enero de 2025, con el símbolo 'NOU'. Este listado sigue hitos significativos en el ámbito comercial, de financiamiento y desarrollo corporativo alcanzados en 2024.

Las acciones comunes de la compañía serán deliberadamente retiradas de la TSX Venture Exchange al cierre del mercado el 17 de enero de 2025. El listado en TSX, complementando la cotización de NMG en el NYSE, tiene como objetivo aumentar la visibilidad y credibilidad de la empresa en los mercados de capital, especialmente en el sector de baterías y vehículos eléctricos en América del Norte.

La TSX ocupa el tercer lugar como la bolsa norteamericana más grande por capitalización de mercado y el décimo a nivel global, sirviendo como el lugar principal de cotización para numerosas grandes empresas de minería, energía y tecnología limpia en Canadá.

노보 몽드 그래파이트(NYSE: NMG, TSXV: NOU)토론토 증권 거래소(TSX)에 보통주를 상장하기 위한 최종 승인을 받았으며, 2025년 1월 20일부터 'NOU'라는 시세 기호로 거래를 시작합니다. 이번 상장은 2024년에 달성한 중요한 상업적, 금융적 및 기업 개발 이정표를 기반으로 하고 있습니다.

회사의 보통주는 2025년 1월 17일 시장 마감 시 TSX 벤처 거래소에서 자발적으로 상장 폐지됩니다. NMG의 NYSE 상장을 보완하는 TSX 상장은 특히 북미 배터리 및 전기차 분야에서 자본 시장에서 회사의 가시성과 신뢰성을 높이는 것을 목표로 하고 있습니다.

TSX는 시장 자본금 기준으로 북미에서 세 번째로 큰 거래소이며, 글로벌 순위로는 열 번째입니다. 캐나다의 여러 대규모 광업, 에너지 및 청정 기술 기업의 주요 상장 장소로 기능하고 있습니다.

Nouveau Monde Graphite (NYSE: NMG, TSXV: NOU) a reçu l'approbation finale pour inscrire ses actions ordinaires à la Bourse de Toronto (TSX), à compter du 20 janvier 2025, sous le symbole 'NOU'. Cette inscription suit des jalons commerciaux, de financement et de développement d'entreprise significatifs atteints en 2024.

Les actions ordinaires de la société seront volontairement retirées de la TSX Venture Exchange à la fermeture des marchés le 17 janvier 2025. L'inscription à la TSX, qui complète la cotation de NMG à la NYSE, vise à renforcer la visibilité et la crédibilité de l'entreprise sur les marchés de capitaux, notamment dans le secteur des batteries et des véhicules électriques en Amérique du Nord.

La TSX est la troisième plus grande bourse nord-américaine par capitalisation boursière et la dixième à l'échelle mondiale, servant de lieu principal de cotation pour de nombreuses grandes entreprises minières, énergétiques et de technologies propres au Canada.

Nouveau Monde Graphite (NYSE: NMG, TSXV: NOU) hat die endgültige Genehmigung erhalten, seine Stammaktien an der Toronto Stock Exchange (TSX) zu listen, die am 20. Januar 2025 unter dem Tickersymbol 'NOU' wirksam wird. Diese Listung folgt auf bedeutende kommerzielle, finanzielle und unternehmerische Entwicklungsschritte, die im Jahr 2024 erreicht wurden.

Die Stammaktien des Unternehmens werden zum Marktabschluss am 17. Januar 2025 freiwillig von der TSX Venture Exchange abgezogen. Die TSX-Listung, die die NYSE-Notierung von NMG ergänzt, zielt darauf ab, die Sichtbarkeit und Glaubwürdigkeit des Unternehmens an den Kapitalmärkten, insbesondere im nordamerikanischen Batterie- und Elektrofahrzeugsektor, zu erhöhen.

Die TSX ist die drittgrößte nordamerikanische Börse nach Marktkapitalisierung und die zehntgrößte weltweit und dient als primäre Börse für zahlreiche große Unternehmen in den Bereichen Bergbau, Energie und saubere Technologien in Kanada.

Positive
  • Uplisting to a major exchange (TSX) potentially increasing visibility and institutional investor access
  • Maintains dual listing on major North American exchanges (TSX and NYSE)
  • Achievement of major commercial, financing and corporate development milestones in 2024
Negative
  • None.

Insights

The uplisting to the Toronto Stock Exchange represents a strategic milestone for NMG, though its immediate financial impact may be The dual listing structure on NYSE and TSX positions NMG to tap into deeper pools of institutional capital, particularly from Canadian pension funds and resource-focused investment managers who may have mandates requiring TSX-listed securities.

Key implications:

  • Enhanced trading liquidity potential through access to a broader investor base
  • Greater visibility among institutional investors specializing in mining and clean technology sectors
  • Improved credibility and market perception due to TSX's more stringent listing requirements compared to TSXV

For retail investors, the move from TSXV to TSX signals the company's maturation and could lead to inclusion in relevant TSX indices, potentially driving passive investment flows. However, the actual trading dynamics and valuation impact will depend on NMG's execution of its business plan and the broader market sentiment toward battery materials.

The timing of this uplisting aligns with significant shifts in North American battery supply chain development. As major automakers accelerate their EV production plans, domestic graphite suppliers like NMG are positioned to benefit from both policy support (IRA, Critical Minerals Strategy) and commercial demand.

The TSX listing enhances NMG's profile as a potential key player in the North American battery materials sector. Market context is crucial:

  • Natural graphite demand for EV batteries is projected to grow at >20% CAGR through 2030
  • North America currently has minimal domestic graphite production capacity
  • Recent geopolitical tensions have heightened focus on securing critical mineral supply chains

In simple terms, NMG's uplisting to TSX comes at a time when North America urgently needs domestic graphite suppliers, potentially making the company more attractive to both investors and strategic partners in the EV supply chain.

  • Uplisting to TSX approved upon key milestones attainment, effective January 20, 2025
  • NMG’s dual listing on North American leading stock exchanges provide extended access to capital markets supporting the Company’s development

MONTRÉAL--(BUSINESS WIRE)-- With major commercial, financing and corporate development milestones reached in 2024, Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSXV: NOU) is uplisting to the Toronto Stock Exchange (“TSX”). The Company has received the final approval of the TSX for the uplisting of common shares of the capital of the Corporation (the “Common Shares”) on the TSX board, having met the necessary listing requirements, including the filing of all required documentation. Effective as of January 20, 2025, the Common Shares will begin trading on the TSX under the ticker symbol “NOU”. Shareholders are not required to take any action as a result of the uplisting. In conjunction with the graduation to the TSX, the Common Shares will be voluntarily delisted from, and will no longer trade on the TSXV, effective at the market close on January 17, 2025.

Eric Desaulniers, Founder, President, and CEO of NMG, declared: “We are kicking off 2025 with a graduation to the TSX, a natural evolution to our continued growth and a complimentary senior trading platform to our NYSE listing. This migration underscores our relevance in the North American battery and electric vehicle (“EV”) sector and our commitment to generating value for our shareholders and stakeholders. Aligning with our business plan, this listing is set to enhance our visibility and credibility in the capital market, enabling us to attract strategic institutional and retail investors to our story.”

The third largest North American exchange based on market capitalization, and 10th largest in the world (Statista, November 2024), TSX is the primary listing for numerous large mining, energy and clean technology companies in Canada.

About Nouveau Monde Graphite

Nouveau Monde Graphite is an integrated company developing responsible mining and advanced manufacturing operations to supply the global economy with carbon-neutral active anode material to power EV and renewable energy storage systems. The Company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Québec, Canada. With enviable ESG standards and structuring partnerships with anchor customers, NMG is set to become a strategic supplier to the world’s leading lithium-ion battery and EV manufacturers, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability. www.NMG.com

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Cautionary Note Regarding Forward-Looking Information

All statements, other than statements of historical fact, contained in this press release including, but not limited to those volatility of the Common Shares price and those statements which are discussed under the “About Nouveau Monde Graphite” paragraph and elsewhere in the press release which essentially describe the Company’s outlook and objectives, constitute “forward- looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of Canadian and United States 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 current technological trends, the business relationship between the Company and its stakeholders, the ability to operate in a safe and effective manner, 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 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 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 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 and general business risks. A further description of risks and uncertainties can be found in NMG’s Annual Information Form dated March 27, 2024, including in the section thereof captioned “Risk Factors”, which is available on SEDAR+ at www.sedarplus.ca and on EDGAR 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.

Further information regarding the Company is available in the SEDAR+ database (www.sedarplus.ca), and for United States readers on EDGAR (www.sec.gov), and on the Company’s website at: www.NMG.com

MEDIA

Julie Paquet

VP Communications & ESG Strategy

+1-450-757-8905 #140

jpaquet@nmg.com

INVESTORS

Marc Jasmin

Director, Investor Relations

+1-450-757-8905 #993

mjasmin@nmg.com

Source: Nouveau Monde Graphite

FAQ

When will NMG stock begin trading on the Toronto Stock Exchange?

NMG stock will begin trading on the Toronto Stock Exchange (TSX) on January 20, 2025, under the ticker symbol 'NOU'.

What happens to NMG shares listed on the TSX Venture Exchange?

NMG shares will be voluntarily delisted from the TSX Venture Exchange at market close on January 17, 2025.

What are the benefits of NMG's uplisting to the TSX?

The TSX uplisting aims to enhance NMG's visibility and credibility in capital markets, attract strategic institutional and retail investors, and provide extended access to capital markets.

Do NMG shareholders need to take any action due to the TSX uplisting?

No, shareholders are not required to take any action as a result of the uplisting to the TSX.

What stock exchanges will NMG be listed on after January 20, 2025?

After January 20, 2025, NMG will maintain a dual listing on the NYSE and TSX.

Nouveau Monde Graphite Inc.

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