E-Energy Sources Inc. to Start Buying and selling on the Canadian Securities Change Beneath the Image “EPR” on January 13, 2023

+ Outcomes point out an after-tax IRR of 25.9% and an 8% low cost charge NPV of C$ 2,173 million based mostly on present pricing projections for flake focus.

+ The Uatnan Mining Venture helps NMG’s Part-3 enlargement plans with up to date operational parameters and manufacturing volumes in keeping with the Firm’s business discussions with OEMs and lithium-ion battery cell makers.

+ NMG has prolonged its imaginative and prescient of accountable mining to the Uatnan Mining Venture, together with transition plans for all-electric operations, superior environmental administration and proactive First Nation and neighborhood engagement, to supply battery and EV producers with responsibly extracted, environmentally remodeled, and domestically sourced graphite-based options.

+ Shareholders and analysts are invited to attend an Investor Briefing at the moment at 10:30 a.m. ET hosted by NMG’s Administration Crew by way of webcast: https://us06web.zoom.us/webinar/register/WN_PQUZCrddQuWmw0UUMersow

Nouveau Monde Graphite Inc. (“NMG” or the “Firm”) ( NYSE: NMG , TSX.V: NOU ) in collaboration with Mason Graphite Inc. (“Mason Graphite”) (TSX.V: LLG, OTCQX: MGPHF) releases the outcomes of a preliminary financial evaluation (“PEA”), in accordance with Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Initiatives (“NI 43-101”), for a brand new challenge protecting Mason Graphite’s Lac Guéret graphite deposit, the Uatnan mining challenge (the “Uatnan Mining Venture”) situated in Québec, Canada.

This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/information/residence/20230110005458/en/

Location of the Uatnan Mining Venture (Photograph: Enterprise Wire)

The PEA, carried out by engineering corporations BBA Inc. (“BBA”) and GoldMinds Geoservices Inc. (“GMG”), reveals robust economics for NMG’s up to date operational parameters and manufacturing volumes focusing on the manufacturing of roughly 500,000 tonnes of graphite focus each year over a 24-year lifetime of mine (“LOM”). The proposed Uatnan Mining Venture is presently one of many largest projected pure graphite productions on the planet as battery and electrical car (“EV”) producers search native options for sourcing their graphite-based options amidst rising demand and a projected structural deficit of manufacturing as of this 12 months as supported by Benchmark Mineral Intelligence (December 2022).

Arne H Frandsen, Chair of NMG, declared: “NMG’s imaginative and prescient is to grow to be North America’s most necessary producer of battery grade graphite. The Uatnan Mining Venture aligns with our imaginative and prescient of progressive, built-in development that caters to the market’s necessities for high-quality graphite supplies, native provides, ESG-driven growth, and huge volumes to satisfy EV manufacturing ranges. Constructing on our Matawinie graphite operation’s successes, I’m assured that our prolonged technical workforce’s experience will allow us to develop what’s projected to grow to be one of many world’s largest graphite mines.”

Eric Desaulniers, Founder, President and CEO of NMG, added: “Whereas the core of NMG’s technical workforce is extraordinarily centered on growing and advancing our Part-2 Matawinie Mine and Bécancour Battery Materials initiatives, it has grow to be more and more necessary for our clients and strategic for our shareholders to speed up the deployment of our Part 3. It’s our intention to seize as a lot market share as potential throughout this historic interval of development of lithium-ion battery manufacturing in North America and Europe. I’m wanting to work with the Innu First Nation of Pessamit and stakeholders from the Manicouagan area to revive the mining growth of this world-class deposit. The PEA confirms the great potential of the Uatnan Mining Venture as a lever of decarbonization for cleantech markets and socioeconomic development for native communities. We are going to leverage our present Part-1 amenities, the environmental stewardship measures being developed for our Part-2 operations, our proprietary applied sciences, and our demonstrated ESG credentials to advance the Uatnan Mining Venture towards growth. ”

PEA Outcomes: Uncovering the Potential of the Uatnan Mining Venture

NMG and its consultants revisited all parts of Mason Graphite’s unique mining challenge to align the event of the Lac Guéret graphite deposit with at the moment’s market alternative and potential clients’ necessities. The newest technical report from Mason Graphite (SEDAR, Feasibility research replace of the Lac Guéret Graphite Venture issued on December 11, 2018) deliberate for a manufacturing of 51,900 tonnes of graphite focus each year, with the concentrator and tailings storage facility situated offsite within the city of Baie-Comeau, roughly 285 km to the south by highway from the mining operations.

The PEA optimizes the Mineral Sources and goals to increase the unique mining challenge tenfold by focusing on the manufacturing of roughly 500,000 tonnes of graphite focus each year, completely destined for the anode materials manufacturing market. The concentrator has been relocated to be close to the deposit with electrical wants that may very well be sourced from the Manic-5 hydroelectric energy station, situated 70 km away.

Consistent with NMG’s accountable mining method, plans embody progressive website closure with backfilling of the pit with waste rock as a lot as potential. Extra characterization of waste rock and tailings might be included within the subsequent engineering part to pick out correct tailings and waste rock administration applied sciences. Current baseline research might be up to date based mostly on the research space to determine any environmental points, consider potential impacts and develop options for the Uatnan Mining Venture.

Industrial parameters had been set utilizing present projections of pricing ready by a third-party skilled for flake focus. Design of the Uatnan Mining Venture has been tailor-made to the wants of the battery and EV market, orienting manufacturing volumes for beneficiation to be able to produce lively anode materials. Pure flake graphite is predicted to enter a structural deficit as of 2023 as a result of continued development of lithium-ion battery manufacturing, outpacing provide capability from graphite producers (Benchmark Mineral Intelligence, December 2022). Therefore, market views and NMG’s lively business discussions point out favorable situations for commercializing the Uatnan Mining Venture manufacturing.

The next lists the financial highlights and operational parameters developed within the PEA. Graphite is expressed in graphitic carbon (“Cg”):

Cautionary Be aware: The PEA is preliminary in nature and consists of Inferred Mineral Sources, thought of too speculative geologically to have the financial issues utilized to them that might allow them to be categorized as Mineral Reserves, and there’s no certainty that the PEA might be realized. Mineral sources that aren’t mineral reserves haven’t demonstrated financial viability. Extra trenching and/or drilling might be required to transform inferred mineral sources to indicated or measured mineral sources. There isn’t any certainty that the sources growth, manufacturing, and financial forecasts on which this PEA is predicated might be realized.

All prices are in Canadian {dollars} apart from the graphite sale value which is supplied in US {dollars}.

Capital expenditure (“CAPEX”) and operational expenditure (“OPEX”) had been established from check work outcomes, provider quotations and guide in-house databases. Estimates presently being on the market’s peak as influenced by inflationary developments, NMG, Mason Graphite and their consulting corporations have refined design, engineering, and building parameters to allow price optimization and aggressive pricing. Québec’s inexpensive clear hydropower underpins the Uatnan Mining Venture’s financial construction and helps NMG’s undeterred carbon-neutrality dedication.

Contemplating the numerous modifications to Mason Graphite’s unique challenge, NMG initiated a reputation change with the collaboration of the Innu First Nation of Pessamit. The deposit is situated on the Nitassinan, the Innu of Pessamit’s ancestral territory, in a sector known as Ka uatshinakanishkat that means “the place there may be Tamarack”. Therefore, the identify Uatnan that means Tamarack, a conifer distinguished within the space, was chosen to determine the property and challenge. The graphite deposit recognized on the property continues to be known as the Lac Guéret deposit.

Preliminary modelling signifies that the Uatnan Mining Venture would create roughly 300 direct jobs.

The Property

The Uatnan property presently consists of 74 map-designated claims totalling 3,999.52 hectares (“ha”), wholly owned (100%) by Mason Graphite. The Uatnan Mining Venture lies inside Nitassinan, the Innu of Pessamit’s ancestral territory and the Rivière-aux-Outardes municipality situated within the Côte-Nord administrative area, Québec, Canada, roughly 220 km because the crow flies, north northwest of the closest neighborhood, the city of Baie-Comeau. The Uatnan Mining Venture is accessible by highway 389 after which by following Class 1 forestry roads.

Exploration work on the Uatnan property focused graphite mineralization and consists to this point of airborne geophysics, prospecting, floor geophysics, trenching/channel sampling and core drilling. Bulk floor samples and core samples had been additionally collected for metallurgical and geomechanical exams. Exploration work uncovered vital crystalline flake graphite mineralization, finally resulting in the identification of Mineral Sources and Mineral Reserves (see Mason Graphite’s press launch dated November 9, 2015). As a consequence of vital modifications to the challenge scope, as talked about above, it was determined that the Uatnan Mining Venture would revert to a Preliminary Financial Evaluation degree.

On Might 15, 2022, NMG concluded an funding to discover the potential growth of the Lac Guéret graphite property (now the Uatnan Property). This settlement aligns with NMG’s development technique with a view to establishing a big, scalable, and absolutely vertically built-in pure graphite manufacturing, from ore to battery supplies, on the western markets’ doorstep.

Mineral Sources

Present Mineral Sources (Desk 3) have been estimated for the Uatnan property based mostly on 25,956 assay intervals collected from 43,343.1 m of core drilling and 4 floor trenches offering 207 channel samples totalling 721.7 m. Correct high quality management measures, together with the insertion of duplicate, clean and normal samples, had been used all through the exploration packages and returned inside acceptable limits. Though parameters to find out affordable prospects for eventual financial extraction (RPEE) had been up to date (Desk 4), there aren’t any vital modifications between the present Mineral Sources and the Mineral Sources final printed on November 9, 2015.

Notes :

1. The Mineral Sources supplied on this desk had been estimated by M. Rachidi P.Geo., and C. Duplessis, Eng., (QPs) of GoldMinds Geoservices Inc., utilizing present Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Requirements on Mineral Sources and Reserves, Definitions and Tips.
2. Mineral Sources which aren’t Mineral Reserves don’t have demonstrated financial viability. The estimate of Mineral Sources could also be materially affected by environmental, allowing, authorized, title, market or different related points. The amount and grade of reported Inferred Mineral Sources are unsure in nature and there has not been adequate work to outline these Inferred Mineral Sources as indicated or Measured Mineral Sources. There isn’t any certainty that any a part of a Mineral Useful resource will ever be transformed into Mineral Reserves.
3. The Mineral Sources offered right here had been estimated with a block measurement of 3mE x 3mN x 3mZ. The blocks had been interpolated from equal-length composites (3 m) calculated from the mineralized intervals.
4. The Mineral Useful resource estimate was accomplished utilizing the inverse distance to the sq. methodology using three runs. For run 1, the variety of composites was restricted to 10 with a most of two composites from the identical drillhole. For runs two and three the variety of composites was restricted to 10 with a most of 1 composite from the identical drillhole.
5. The Measured Mineral Sources categorized utilizing a minimal of 4 drillholes. Indicated sources categorized utilizing a minimal of two drillholes. The Inferred Mineral Sources had been categorized by a minimal of 1 drillholes.
6. Tonnage estimates are based mostly on a hard and fast density of two.9 t/m ³ .
7. A pit shell to constrain the Mineral Sources was developed utilizing the parameters offered in Desk 4 . The efficient date of the present Mineral Sources is January 10, 2023.
8. Mineral Sources are acknowledged at a cut-off grade of 5.75% C(g).

Mining

The mining methodology chosen for the Uatnan Mining Venture is a traditional open pit, truck and shovel, drill, and blast operation. Topsoil and overburden could be stripped and stockpiled for future reclamation use. The mineralization and waste rock could be mined with 9-m excessive benches, drilled, blasted, and loaded into 60-tonne rigid-frame haul vans with backhoe excavators.

To attenuate the environmental footprint of the Uatnan Mining Venture, waste rock could be hauled to the tailings storage facility the place it will be disposed of with the tailings. As of 12 months 5 of operations, waste rock could be backfilled into the mined-out open pit when potential. The next desk presents the subset of Mineral Sources inside the pit design for the PEA.

The mine could be operated by an proprietor fleet, seven days per week, 24 hours per day and be comprised of a 4‑crew system engaged on a two-week in, two-week out rotation. NMG intends to deploy a zero-emission working technique with a battery-powered fleet of haul vans and electrical tools because the know-how turns into out there. Within the meantime, the PEA used a base case with a diesel-operated fleet.

Processing & Restoration

The method stream sheet was developed utilizing the identical metallurgical foundation used for Mason Graphite’s up to date Feasibility Examine issued on December 11, 2018. The principle distinction between the 2 flowsheets, aside from the elevated plant capability, is the supposed end-use of the fabric. Provided that 100% of the graphite focus produced from the Uatnan Mining Venture is destined for the battery market, preserving flake sizes is not thought of within the processing route. Given this consideration, the flowsheet was simplified by decreasing the variety of each sprucing and cleaner flotation levels from 4 to 2. This variation minimizes the variety of grinding mills and flotation cells required, decreasing each the capital and working prices for the Uatnan Mining Venture.

The flowsheet consists of a mineral sizer to cut back the dimensions of the run of mine (“ROM”) mineral earlier than it’s fed to a SAG mill for main grinding. The bottom mineral then undergoes rougher flotation, after which the reground and scavenged focus is mixed with the rougher focus for additional processing. The focus then undergoes two further levels of regrinding, first in a ball mill forward of the primary cleansing step, then a second regrind in a tower mill forward of secondary cleansing. The ensuing focus undergoes a ultimate deliming stage to take away low-grade minus 20-micron particles to maximise the ultimate focus grade. The concentrator tailings are filtered and delivered to the tailings storage facility. The focus is filtered and dried earlier than being trucked 285 km to Baie-Comeau for transport to market.

Financial Analysis

The CAPEX, summarized beneath, covers the event of the mine, processing amenities, and infrastructure required for the Uatnan Mining Venture. It’s based mostly on the applying of ordinary costing strategies of attaining a PEA which gives the accuracy of -30% to +50%. The working price covers mining, processing, focus haulage, tailings and water administration, normal and administration charges, in addition to infrastructure and companies.

Subsequent Steps and High quality Assurance

The PEA reveals that the Uatnan Mining Venture is technically possible in addition to economically viable. It additional strengthens NMG’s lively business discussions and the Firm’s plans for development by a Part-3 enlargement.

On the premise of those optimistic outcomes, NMG intends to launch an up to date feasibility research in compliance with the choice and three way partnership settlement signed with Mason Graphite . The Uatnan Mining Venture must undergo the method of the Authorities of Québec’s Atmosphere High quality Act with the target of acquiring a ministerial decree.

NMG is dedicated to extending its method of open and proactive engagement with Indigenous Peoples and native stakeholders to the Uatnan Mining Venture. The Firm plans to take care of a clear dialogue with the Innu First Nation of Pessamit because it advances the challenge growth to make sure the respect of their rights, the safety of the setting, their tradition, lifestyle and spirituality, in addition to the inclusion of their perspective, and conventional data. NMG additionally pledges to increase its relationships with stakeholders from all horizons to foster mechanisms for collaboration and form a challenge producing shared worth.

Shareholders and analysts are invited to attend a webcast Investor Briefing this morning, Tuesday, January 10, 2023, at 10:30 a.m. ET. Hosted by President and CEO Eric Desaulniers with the participation of NMG’s Administration Crew, the briefing will entail a technical presentation adopted by a question-and-answer session. Registration must be accomplished previous to the beginning of the briefing at: https://us06web.zoom.us/webinar/register/WN_PQUZCrddQuWmw0UUMersow .

There isn’t any certainty that the financial forecasts on which this PEA is predicated might be realized. The PEA is preliminary in nature and consists of Inferred Mineral Sources which might be thought of too speculative geologically to have the financial issues utilized to them that might allow them to be categorized as Mineral Reserves, and there’s no certainty that the PEA might be realized. Mineral Sources that aren’t Mineral Reserves haven’t demonstrated financial viability. Extra trenching and/or drilling might be required to transform Inferred Mineral Sources to Indicated or Measured Mineral Sources. There isn’t any certainty that the sources growth, manufacturing, and financial forecasts on which this PEA is predicated might be realized. There are a variety of dangers and uncertainties identifiable to any new challenge and often cowl the mineralization, mineral processing, monetary, environmental and allowing points. NMG’s Part-3 is not any totally different, and an analysis of the potential dangers was undertaken as a part of the PEA.

Scientific and technical info offered on this press launch was reviewed and accredited by André Allaire, P.Eng. (BBA), Jeffrey Cassoff, P.Eng. (BBA), Claude Duplessis (GoldMinds Geoservices), and Merouane Rachidi, P.Geo. (GoldMinds Geoservices) Certified Individuals as outlined below NI 43-101.

The PEA for the Uatnan Mining Venture, ready in accordance with NI 43-101 tips, might be filed on SEDAR at www.sedar.com , EDGAR at www.sec.gov and on the Firm’s web site at www.NMG.com inside 45 days of this press launch. Readers are inspired to learn the PEA in its entirety, together with all {qualifications}, assumptions and exclusions that relate to the main points summarized on this press launch. The PEA is meant to be learn as a complete, and sections shouldn’t be learn or relied upon out of context.

About Nouveau Monde Graphite

Nouveau Monde Graphite is striving to grow to be a key contributor to the sustainable power revolution. The Firm is working in direction of growing a completely built-in supply of carbon-neutral battery anode materials in Québec, Canada for the rising lithium-ion and gasoline cell markets. With low-cost operations and enviable ESG requirements, NMG aspires to grow to be a strategic provider to the world’s main battery and car producers, offering high-performing and dependable superior supplies whereas selling sustainability and provide chain traceability. www.NMG.com

About Mason Graphite

Mason Graphite is a Canadian company centered on searching for funding alternatives. Its technique is to develop vertical and horizontal integration within the mining business, with a particular concentrate on industrial and specialty minerals, notably battery-related supplies and their by-products. Its technique additionally consists of the event of value-added merchandise, notably for inexperienced applied sciences like transport electrification. The Firm presently owns 100% of the rights to the Lac Guéret deposit, one of many richest graphite deposits on the planet, which is below an Choice and Joint Enterprise Settlement with Nouveau Monde Graphite Inc. (TSX-V: NOU) (NYSE: NMG). Mason Graphite can also be the most important shareholder of Black Swan Graphene Inc., a Canadian publicly traded firm (TSX-V: SWAN) (OTCQB: BSWGF) specializing in the large-scale manufacturing and commercialization of patented high-performance and low-cost graphene merchandise geared toward a number of industrial sectors, together with concrete, polymers, Li-ion batteries and others.

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Cautionary Be aware

All statements, apart from statements of historic truth, contained on this press launch together with, however not restricted to these describing the affect of the foregoing on the Uatnan Mining Venture economics, PEA outcomes (as such outcomes are set out within the varied tables featured above, and are commented within the textual content of this press launch), together with CAPEX, OPEX, NPV and IRR, the estimated worth of the Uatnan Mining Venture, operations growth eventualities for the Uatnan Mining Venture, business and technical parameters, the enticing economics for the Uatnan Mining Venture, LOM plans, the Firm’s supposed advertising technique, , market developments, future graphite costs, the affect of the Uatnan Mining Venture on the native communities, together with job creation, the projected annual manufacturing of the Firm’s Part-3 operations, the anticipated electrification technique and its supposed outcomes and advantages, the potential outcomes and advantages of the Firm’s proprietary applied sciences, the timelines and prices associated to the varied initiatives, deliverables and milestones described on this press launch and their anticipated outcomes, the Firm’s anticipated monetary and operational efficiency, the character of relationships with stakeholders akin to the area people together with the Innu First Nation of Pessamit, future demand for batteries and EVs, the target of growing one of many largest absolutely built-in pure graphite operations within the World, the manufacturing of carbon-neutral anode materials, Mineral Useful resource estimates (together with assumptions and estimates utilized in making ready the Mineral Useful resource estimates), the overall enterprise and operational outlook of the Firm, the Firm’s future development and enterprise prospects, the Firm’s ESG commitments, initiatives and objectives, and people statements that are mentioned below the “About Nouveau Monde” paragraph and elsewhere within the press launch which basically describe the Firm’s outlook and aims, represent “forward-looking info” or “forward-looking statements” (collectively, “forward-looking statements”) inside the that means of Canadian and United States securities legal guidelines, and are based mostly on expectations, estimates and projections as of the time of this press launch. Ahead-looking statements are essentially based mostly upon a lot of estimates and assumptions that, whereas thought of affordable by the Firm as of the time of such statements, are inherently topic to vital enterprise, financial and aggressive uncertainties and contingencies. These estimates and assumptions might show to be incorrect. Furthermore, these forward-looking statements had been based mostly upon varied underlying components and assumptions, together with the present technological developments, the enterprise relationship between the Firm and its stakeholders, the power to function in a protected and efficient method, the well timed supply and set up at estimated costs of the tools supporting the manufacturing, assumed sale costs for graphite focus , the accuracy of any Mineral Useful resource estimates, future forex change charges and rates of interest, political and regulatory stability, costs of commodity and manufacturing prices, the receipt of governmental, regulatory and third celebration approvals, licenses and permits on favorable phrases, sustained labor stability, stability in monetary and capital markets, availability of kit and important provides, spare components and consumables, the varied tax assumptions, CAPEX and OPEX estimates, the Uatnan Mining Venture permits’ standing, all financial and operational projections regarding the challenge, native infrastructures, the Firm’s enterprise prospects and alternatives and estimates of the operational efficiency of the tools, and usually are not ensures of future efficiency.

Ahead-looking statements are topic to identified or unknown dangers and uncertainties that will trigger precise outcomes to vary materially from these anticipated or implied within the forward-looking statements. Threat components that might trigger precise outcomes or occasions to vary materially from present expectations embody, amongst others, these dangers that are mentioned below the “Subsequent Steps and High quality Assurance” paragraph, delays within the scheduled supply occasions of the tools, the power of the Firm to efficiently implement its strategic initiatives and whether or not such strategic initiatives will yield the anticipated advantages, the supply of financing or financing on favorable phrases for the Firm, the dependence on commodity costs, the affect of inflation on prices, the dangers of acquiring the mandatory permits, the working efficiency of the Firm’s property and companies, aggressive components within the graphite mining and manufacturing business, modifications in legal guidelines and rules affecting the Firm’s companies, political and social acceptability danger, environmental regulation danger, forex and change charge danger, technological developments, the impacts of the worldwide COVID-19 pandemic and the governments’ responses thereto, and normal financial situations, in addition to earnings, capital expenditure, money stream and capital construction dangers and normal enterprise dangers. An additional description of dangers and uncertainties could be present in NMG’s Annual Data Kind dated March 22, 2022, together with within the part thereof captioned “Threat Elements”, which is on the market on SEDAR at www.sedar.com and on EDGAR at www.sec.gov . Unpredictable or unknown components not mentioned on this Cautionary Be aware might even have materials adversarial results on forward-looking statements.

Many of those uncertainties and contingencies can instantly or not directly have an effect on, and will trigger, precise outcomes to vary materially from these expressed or implied in any forward-looking statements. There could be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Ahead-looking statements are supplied for the aim of offering details about administration’s expectations and plans regarding the long run. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements or to elucidate any materials distinction between subsequent precise occasions and such forward-looking statements, besides to the extent required by relevant regulation.

The market and business information contained on this press launch is predicated upon info from impartial business publications, market analysis, analyst stories and surveys and different publicly out there sources. Though the Firm believes these sources to be typically dependable, market and business information is topic to interpretation and can’t be verified with full certainty resulting from limits on the supply and reliability of uncooked information, the voluntary nature of the data-gathering course of and different limitations and uncertainties inherent in any survey. The Firm has not independently verified any of the info from third-party sources referred to on this press launch and accordingly, the accuracy and completeness of such information is just not assured.

Disclosures concerning Mineral Useful resource estimates included on this press launch had been ready in accordance with Canadian NI 43-101. The disclosures included on this press launch use the phrases “Feasibility Examine,” “Mineral Useful resource,” “Inferred Mineral Useful resource,” “Indicated Mineral Useful resource,” “Measured Mineral Useful resource,” in reference to the presentation of sources, as every of those phrases is outlined in accordance with the CIM Definition Requirements on Mineral Sources and Reserves adopted by the CIM Council, as required by NI 43-101. Until in any other case indicated, all useful resource estimates included on this press launch have been ready in accordance with the CIM Definition Requirements, as required by NI 43-101.

NI 43-101 is a rule developed by the Canadian Securities Directors that set up the Canadian requirements for all public disclosure an issuer makes of scientific and technical info regarding mineral initiatives. These requirements differ from the necessities of the United Securities and Change Fee (the “SEC”). Accordingly, mineral useful resource and reserve info included on this press launch will not be akin to related info made public by United States corporations reporting pursuant to SEC reporting and disclosure necessities.

Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.

Additional info concerning the Firm is on the market within the SEDAR database ( www.sedar.com ), and for United States readers on EDGAR ( www.sec.gov ), and on the Firm’s web site at: www.NMG.com

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MEDIA

Julie Paquet
VP Communications & ESG Technique
+1-450-757-8905 #140
jpaquet@nmg.com

INVESTORS

Marc Jasmin
Director, Investor Relations
+1-450-757-8905 #993
mjasmin@nmg.com