- Sorel, an accomplished executive and corporate director with 35
years of experience, has held key project management and financing
roles at Aéroports de Montréal, AtkinsRéalis and ABB.
- Sorel’s multidisciplinary profile complements NMG’s Board of
Directors with a vast exposure to projects and markets in Canada,
the United States, Europe, Asia and Australia, among others.
Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG,
TSX.V: NOU) announces the appointment of Chantal Sorel to its Board
of Directors in replacement of Dr. Jürgen K�hler, effective
immediately. An accomplished executive and corporate director,
Sorel’s proficiency in project management, financing, construction,
and operations, arrives at a turning point in NMG’s development as
the Company finalizes its updated feasibility study and execution
plans ahead of a final investment decision on its Phase-2 Matawinie
Mine and Bécancour Battery Material Plant.
Arne H Frandsen, Chair of NMG, declared: “My colleagues on the
Board and I are delighted to welcome Chantal to the Company. Her
understanding of the Québec infrastructure development sector, her
capacity to navigate global markets and her insight into strategic
business development drivers will further enrich our discussions
and governance. The year ahead will be determining to NMG’s growth
trajectory and having the right set of expertise within the Company
will help solidify our roadmap to establishing a North American
natural graphite leader, fully integrated from ore to active anode
materials.”
Eric Desaulniers, Founder, President, and CEO of NMG, stated:
“Bienvenue to Team Nouveau Monde Chantal! I am thrilled to welcome
such a talented individual to our Company’s endeavor; her extensive
experience across various sectors will be highly valuable as we
prepare for the next chapter of our development. We look forward to
benefiting from her insights and expertise as we navigate the
exciting opportunities ahead.”
Sorel has held several high-level strategic positions during her
35-year career in large corporations, managing business units with
full responsibility for results, in various capacities including
project development and financing, project management, operations,
strategic development and business development, spanning diverse
sectors of power, infrastructure, rail and transit, airports,
industrial facilities, mining and metallurgy. She has gained
experience in Québec, Canada, as well as internationally through
numerous business mandates and project executions. She serves on
the Board of Directors of Falco Resources and has been a strong
contributor to business associations and local institutes through
board participation.
She holds a Bachelor’s degree in architecture from the
University of Montréal and a Master's degree in Project Management
from the University of Québec in Montréal. She also completed the
Director's Education Program offered jointly by the Institute of
Corporate Directors, the McGill Executive Institute, and the Rotman
School of Management at the University of Toronto.
Over his tenure on the Board of Directors, Dr. K�hler has
provided leadership and guidance that have supported NMG’s
development. The Company is grateful for his service, commitment,
and contributions; many thanks.
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 This press release contains
“forward-looking information” and “forward-looking statements”
within the meaning of applicable securities legislation
(collectively, “forward-looking statements”), including, but
not limited to, statements relating to future events or future
financial or operating performance of the Company and reflect
management’s expectations and assumptions regarding the Company’s
growth, results, performance and business prospects and
opportunities. Such forward-looking statements reflect management’s
current beliefs and are based on information currently available to
it. These forward-looking statements include, but are not limited
to, statements describing the importance of the year ahead for the
Company’s growth trajectory, the anticipated value of Chantal
Sorel’s extensive experience and insights in advancing the
Company’s development and navigating future opportunities, the
expectation that having the right expertise within the Company will
solidify its governance and its roadmap to becoming a North
American leader in natural graphite fully integrated from ore to
active anode materials, the Company’s ability to supply the global
economy with carbon-neutral active anode material to power EV and
renewable energy storage systems, to develop a fully integrated
ore-to-battery-material source of graphite-based active anode
material in the Province of Québec, to become a strategic supplier
to the world’s leading lithium-ion battery and EV manufacturers and
to provide high-performing and reliable advanced materials while
promoting sustainability and supply chain traceability, the
expected results of the initiatives described in this press
release, and those statements which are discussed under the “About
Nouveau Monde” paragraph and elsewhere in the press release which
essentially describe the Company’s outlook and objectives.
Forward-looking statements are based on reasonable assumptions
that have been made by the Company as at the date of such
statements and are subject to known and unknown risks,
uncertainties, and other factors that may cause the actual results,
level of activity, performance, or achievements of the Company to
be materially different from those expressed or implied by such
forward-looking statements, including but not limited to, general
business and economic conditions, the actual results of current
development, engineering and planning activities, access to capital
and future prices of graphite, mining development activities
inherent risks, the speculative nature of mining development,
changes in mineral production performance, the uncertainty of
processing the Company’s technology on a commercial basis,
development and production timetables, competition and market
risks; pricing pressures, other risks of the mining industry, and
additional engineering and other analysis is required to fully
assess their impact, the fact that certain of the initiatives
described in this press release, are still in the early stages and
may not materialize, business continuity and crisis management,
political instability and international conflicts. A more detailed
description of risks and uncertainties can be found in the section
entitled “Risk Factors” in the Company’s most recent annual
information form and in the Company’s most recent MD&A, which
is available on SEDAR+ at www.sedarplus.ca and on EDGAR at
www.sec.gov. Other unpredictable or unknown factors not discussed
in this cautionary note could also have a material adverse effect
on the forward-looking statements.
There can be no assurance that such forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
The Company does not undertake to update or revise any
forward-looking statements that are included in this press release,
whether as a result of new information, future events, or
otherwise, except in accordance with applicable securities
laws.
Market and industry data presented throughout this press release
was obtained from third-party sources and industry reports,
publications, websites, and other publicly available information,
as well as industry and other data prepared by the Company or on
behalf of the Company based on its knowledge of the markets in
which the Company operates, including but not limited to
information provided by suppliers, partners, customers and other
industry participants. The Company believes that the market and
economic data presented throughout this press release is accurate
as of the date of publication and, with respect to data prepared by
the Company or on behalf of the Company, that estimates and
assumptions are currently appropriate and reasonable, but there can
be no assurance as to the accuracy or completeness thereof. The
accuracy and completeness of the market and economic data presented
throughout this press release are not guaranteed and the Company
does not make any representation as to the accuracy of such data
and the Company does not undertake to update or revise such data.
Actual outcomes may vary materially from those forecasted in such
reports or publications, and the prospect for material variation
can be expected to increase as the length of the forecast period
increases. Although the Company believes it to be reliable as of
the date of publication, the Company has not independently verified
any of the data from third-party sources referred to in this press
release, analyzed or verified the underlying studies or surveys
relied upon or referred to by such sources, or ascertained the
underlying market, economic and other assumptions relied upon by
such sources. Market and economic data are subject to variations
and cannot be verified due to limits on the availability and
reliability of data inputs, the voluntary nature of the
data-gathering process and other limitations and uncertainties
inherent in any statistical survey.
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 press release.
Additional information about the Company is available through
our regular filing of press releases, financial statements and our
most recent Annual Information Form on SEDAR+ (www.sedarplus.ca)
and EDGAR (www.sec.gov). These documents and other information
about NMG can also be found on our website at: www.NMG.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241216344292/en/
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
Nouveau Monde Graphite (TSXV:NOU)
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