E-Energy Sources Inc. to Start Buying and selling on the Canadian Securities Trade Below 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 primarily based on present pricing projections for flake focus.

+ The Uatnan Mining Undertaking helps NMG’s Part-3 enlargement plans with up to date operational parameters and manufacturing volumes consistent 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 Undertaking, together with transition plans for all-electric operations, superior environmental administration and proactive First Nation and group engagement, to offer battery and EV producers with responsibly extracted, environmentally remodeled, and regionally 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 Workforce through 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 Tasks (“NI 43-101”), for a brand new challenge protecting Mason Graphite’s Lac Guéret graphite deposit, the Uatnan mining challenge (the “Uatnan Mining Undertaking”) positioned in Québec, Canada.

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

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

The PEA, carried out by engineering corporations BBA Inc. (“BBA”) and GoldMinds Geoservices Inc. (“GMG”), exhibits sturdy 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 Undertaking is presently one of many largest projected pure graphite productions on this planet as battery and electrical car (“EV”) producers search native alternate 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 change into North America’s most vital producer of battery grade graphite. The Uatnan Mining Undertaking 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 improvement, and enormous 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 change into 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 change into more and more vital for our prospects 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 desirous to work with the Innu First Nation of Pessamit and stakeholders from the Manicouagan area to revive the mining improvement of this world-class deposit. The PEA confirms the large potential of the Uatnan Mining Undertaking as a lever of decarbonization for cleantech markets and socioeconomic development for native communities. We are going to leverage our current Part-1 services, 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 Undertaking towards improvement. ”

PEA Outcomes: Uncovering the Potential of the Uatnan Mining Undertaking

NMG and its consultants revisited all elements 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 prospects’ necessities. The newest technical report from Mason Graphite (SEDAR, Feasibility research replace of the Lac Guéret Graphite Undertaking 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 positioned offsite within the city of Baie-Comeau, roughly 285 km to the south by street from the mining operations.

The PEA optimizes the Mineral Sources and goals to broaden 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 could possibly be sourced from the Manic-5 hydroelectric energy station, positioned 70 km away.

According to NMG’s accountable mining method, plans embrace progressive website closure with backfilling of the pit with waste rock as a lot as potential. Further 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. Present baseline research might be up to date primarily based on the research space to determine any environmental points, consider potential impacts and develop alternate options for the Uatnan Mining Undertaking.

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

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

Cautionary Notice: The PEA is preliminary in nature and consists of Inferred Mineral Sources, thought-about too speculative geologically to have the financial concerns utilized to them that may allow them to be categorized as Mineral Reserves, and there’s no certainty that the PEA might be realized. Mineral assets that aren’t mineral reserves haven’t demonstrated financial viability. Further trenching and/or drilling might be required to transform inferred mineral assets to indicated or measured mineral assets. There isn’t a certainty that the assets improvement, manufacturing, and financial forecasts on which this PEA relies might be realized.

All prices are in Canadian {dollars} excluding the graphite sale value which is offered in US {dollars}.

Capital expenditure (“CAPEX”) and operational expenditure (“OPEX”) have been established from take a look at work outcomes, provider quotations and advisor 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 development parameters to allow value optimization and aggressive pricing. Québec’s inexpensive clear hydropower underpins the Uatnan Mining Undertaking’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 positioned on the Nitassinan, the Innu of Pessamit’s ancestral territory, in a sector known as Ka uatshinakanishkat which means “the place there may be Tamarack”. Therefore, the identify Uatnan which 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 Undertaking 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 Undertaking lies inside Nitassinan, the Innu of Pessamit’s ancestral territory and the Rivière-aux-Outardes municipality positioned within the Côte-Nord administrative area, Québec, Canada, roughly 220 km because the crow flies, north northwest of the closest group, the city of Baie-Comeau. The Uatnan Mining Undertaking is accessible by street 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 have been additionally collected for metallurgical and geomechanical exams. Exploration work uncovered vital crystalline flake graphite mineralization, in the end resulting in the identification of Mineral Sources and Mineral Reserves (see Mason Graphite’s press launch dated November 9, 2015). As a result of vital adjustments to the challenge scope, as talked about above, it was determined that the Uatnan Mining Undertaking would revert to a Preliminary Financial Evaluation degree.

On Might 15, 2022, NMG concluded an funding to discover the potential improvement 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 primarily based 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 customary samples, have been used all through the exploration applications and returned inside acceptable limits. Though parameters to find out affordable prospects for eventual financial extraction (RPEE) have been up to date (Desk 4), there are not any vital adjustments between the present Mineral Sources and the Mineral Sources final revealed on November 9, 2015.

Notes :

1. The Mineral Sources offered on this desk have 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 Pointers.
2. Mineral Sources which aren’t Mineral Reserves would not 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 ample work to outline these Inferred Mineral Sources as indicated or Measured Mineral Sources. There isn’t a certainty that any a part of a Mineral Useful resource will ever be transformed into Mineral Reserves.
3. The Mineral Sources offered right here have been estimated with a block dimension of 3mE x 3mN x 3mZ. The blocks have 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 categorised utilizing a minimal of 4 drillholes. Indicated assets categorised utilizing a minimal of two drillholes. The Inferred Mineral Sources have been categorised by a minimal of 1 drillholes.
6. Tonnage estimates are primarily based on a set 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 said at a cut-off grade of 5.75% C(g).

Mining

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

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

The mine can 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 vehicles and electrical tools because the expertise turns into out there. Within the meantime, the PEA used a base case with a diesel-operated fleet.

Processing & Restoration

The method circulation sheet was developed utilizing the identical metallurgical foundation used for Mason Graphite’s up to date Feasibility Research issued on December 11, 2018. The primary distinction between the 2 flowsheets, aside from the elevated plant capability, is the supposed end-use of the fabric. On condition that 100% of the graphite focus produced from the Uatnan Mining Undertaking is destined for the battery market, preserving flake sizes is now not thought-about within the processing route. Given this consideration, the flowsheet was simplified by decreasing the variety of each sprucing and cleaner flotation phases 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 Undertaking.

The flowsheet consists of a mineral sizer to scale back the scale 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 phases 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 under, covers the event of the mine, processing services, and infrastructure required for the Uatnan Mining Undertaking. It’s primarily based on the applying of normal costing strategies of reaching a PEA which offers the accuracy of -30% to +50%. The working value covers mining, processing, focus haulage, tailings and water administration, basic and administration charges, in addition to infrastructure and providers.

Subsequent Steps and High quality Assurance

The PEA exhibits that the Uatnan Mining Undertaking is technically possible in addition to economically viable. It additional strengthens NMG’s energetic 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 possibility and three way partnership settlement signed with Mason Graphite . The Uatnan Mining Undertaking should undergo the method of the Authorities of Québec’s Setting 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 Undertaking. The Firm plans to keep up a clear dialogue with the Innu First Nation of Pessamit because it advances the challenge improvement to make sure the respect of their rights, the safety of the surroundings, their tradition, lifestyle and spirituality, in addition to the inclusion of their perspective, and conventional information. NMG additionally pledges to broaden 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 Workforce, 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 a certainty that the financial forecasts on which this PEA relies might be realized. The PEA is preliminary in nature and consists of Inferred Mineral Sources which are thought-about too speculative geologically to have the financial concerns utilized to them that may 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. Further trenching and/or drilling might be required to transform Inferred Mineral Sources to Indicated or Measured Mineral Sources. There isn’t a certainty that the assets improvement, manufacturing, and financial forecasts on which this PEA relies 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 features. NMG’s Part-3 isn’t any completely 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 accepted 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 beneath NI 43-101.

The PEA for the Uatnan Mining Undertaking, ready in accordance with NI 43-101 pointers, 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 an entire, and sections shouldn’t be learn or relied upon out of context.

About Nouveau Monde Graphite

Nouveau Monde Graphite is striving to change into a key contributor to the sustainable vitality revolution. The Firm is working in the direction of growing a totally 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 change into 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 trade, with a particular give attention to 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 this planet, which is beneath an Possibility and Joint Enterprise Settlement with Nouveau Monde Graphite Inc. (TSX-V: NOU) (NYSE: NMG). Mason Graphite can 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 Notice

All statements, aside from statements of historic truth, contained on this press launch together with, however not restricted to these describing the impression of the foregoing on the Uatnan Mining Undertaking 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 Undertaking, operations improvement eventualities for the Uatnan Mining Undertaking, business and technical parameters, the engaging economics for the Uatnan Mining Undertaking, LOM plans, the Firm’s supposed advertising and marketing technique, , market developments, future graphite costs, the impression of the Uatnan Mining Undertaking 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 resembling the local 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 getting ready the Mineral Useful resource estimates), the final enterprise and operational outlook of the Firm, the Firm’s future development and enterprise prospects, the Firm’s ESG commitments, initiatives and targets, and people statements that are mentioned beneath the “About Nouveau Monde” paragraph and elsewhere within the press launch which basically describe the Firm’s outlook and goals, represent “forward-looking info” or “forward-looking statements” (collectively, “forward-looking statements”) throughout the which means of Canadian and United States securities legal guidelines, and are primarily based on expectations, estimates and projections as of the time of this press launch. Ahead-looking statements are essentially primarily based upon quite a few estimates and assumptions that, whereas thought-about 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 have been primarily based 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 secure 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 foreign money alternate charges and rates of interest, political and regulatory stability, costs of commodity and manufacturing prices, the receipt of governmental, regulatory and third occasion approvals, licenses and permits on favorable phrases, sustained labor stability, stability in monetary and capital markets, availability of apparatus and demanding provides, spare elements and consumables, the varied tax assumptions, CAPEX and OPEX estimates, the Uatnan Mining Undertaking 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 would trigger precise outcomes or occasions to vary materially from present expectations embrace, amongst others, these dangers that are mentioned beneath 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 provision of financing or financing on favorable phrases for the Firm, the dependence on commodity costs, the impression of inflation on prices, the dangers of acquiring the required permits, the working efficiency of the Firm’s property and companies, aggressive components within the graphite mining and manufacturing trade, adjustments in legal guidelines and laws affecting the Firm’s companies, political and social acceptability danger, environmental regulation danger, foreign money and alternate charge danger, technological developments, the impacts of the worldwide COVID-19 pandemic and the governments’ responses thereto, and basic financial situations, in addition to earnings, capital expenditure, money circulation and capital construction dangers and basic enterprise dangers. An extra description of dangers and uncertainties could be present in NMG’s Annual Data Type dated March 22, 2022, together with within the part thereof captioned “Threat Elements”, which is out there on SEDAR at www.sedar.com and on EDGAR at www.sec.gov . Unpredictable or unknown components not mentioned on this Cautionary Notice may even have materials hostile 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 may differ materially from these anticipated in such statements. Ahead-looking statements are offered for the aim of offering details about administration’s expectations and plans regarding the longer term. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements or to clarify any materials distinction between subsequent precise occasions and such forward-looking statements, besides to the extent required by relevant legislation.

The market and trade knowledge contained on this press launch relies upon info from impartial trade publications, market analysis, analyst reviews and surveys and different publicly out there sources. Though the Firm believes these sources to be typically dependable, market and trade knowledge is topic to interpretation and can’t be verified with full certainty on account of limits on the provision and reliability of uncooked knowledge, 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 knowledge shouldn’t be assured.

Disclosures relating to Mineral Useful resource estimates included on this press launch have been ready in accordance with Canadian NI 43-101. The disclosures included on this press launch use the phrases “Feasibility Research,” “Mineral Useful resource,” “Inferred Mineral Useful resource,” “Indicated Mineral Useful resource,” “Measured Mineral Useful resource,” in reference to the presentation of assets, 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. Except 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 Trade Fee (the “SEC”). Accordingly, mineral useful resource and reserve info included on this press launch might not be similar to comparable info made public by United States firms reporting pursuant to SEC reporting and disclosure necessities.

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

Additional info relating to the Firm is out there 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