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NOUVEAU MONDE GRAPHITE (NYSE: NMG) STOCK QUOTE

Last Trade: US$1.63 0.09 5.84
Volume: 57,540
5-Day Change: 23.48%
YTD Change: -37.55%
Market Cap: US$183.510M

LATEST NEWS FROM NOUVEAU MONDE GRAPHITE

Nouveau Monde Graphite Inc . (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) confirms it has closed its private placements from Canada Growth Fund Inc. (“CGF”) and the government of Quebec via Investissement Québec (“IQ”) previously announced on December 17, 2024 (the ‘’Private Placement”) representing a gross aggregate amount of US$50 million. Pursuant to the Private Placement, each of CGF and IQ subscribed to 19,841,269... Read More
US$50-million subscription into NMG marking the first direct investment from Canada Growth Fund and the renewed support from the Government of Québec via its agent Investissement Québec Investment to support the advancement of NMG’s Phase-2 Matawinie Mine and Bécancour Battery Material Plant through detailed engineering and orders of long-lead items NMG’s integrated Phase-2 production of active anode material is destined to... Read More
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. MONTRÉAL / Dec 16, 2024 / Business Wire / Nouveau Monde... Read More
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Agreement setting out the significant participation of the Manawan Atikamekw to responsibly develop graphite in the Nitaskinan in a way that respects the environment and provides direct benefits to the community. Enhanced collaboration on aspects related to Atikamekw culture, the environment, training, employment, business... Read More
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Integrated feasibility study for NMG’s Phase-2 Matawinie Mine and Bécancour Battery Material Plant advancing to optimize production parameters, engineering, and cost projections, with the updated results expected early in Q1-2025. Active work with Anchor Customers Panasonic Energy and GM to advance product qualification,... Read More
MONTRÉAL / Oct 01, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec (“Holder”) for the third... Read More
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Electrical substation contract awarded to ABB; NMG to benefit from robust technical expertise and dedicated resources overseeing engineering, supply, commissioning and start-up of the substation Matawinie Mine to be powered by clean hydroelectricity to enable zero-emission operations, what is projected to become the world’s... Read More
Leblanc, a senior mining executive with over 30 years of experience in the industry, was previously serving as Managing Director, Rio Tinto Iron & Titanium, overseeing operational and commercial responsibilities for the division. As a Director, Leblanc brings a unique combination of business and technical expertise, as well as know how in respect to building and operating advanced mining and processing facilities across the... Read More
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Accelerated engineering of Phase-2 facilities to update the results of the Company’s integrated ore-to-anode-material feasibility study in view of the specific requirements from Panasonic Energy and GM, CAPEX optimization, and other project planning developments, in preparation for FID. Preliminary work is ongoing at the... Read More
MONTRÉAL / Jul 02, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec (“Holder”) for the second... Read More
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Reappointment of the Directors and adoption of all resolutions submitted shareholders. Having a majority of its Phase-2 production reserved via offtakes with Panasonic Energy and GM, active commercial engagement with other tier-1 battery and EV manufacturers to formalize long-term agreements on active anode material volumes... Read More
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Following multiyear offtakes and strategic investments from Panasonic Energy and GM, reinforced commercial engagement with tier-1 EV and battery manufacturers toward additional offtake agreement(s) for the remainder of NMG’s Phase-2 active anode material production. Assisted by Société Générale and BMO Capital Markets,... Read More
MONTRÉAL / May 02, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) confirms it has closed its private placements previously announced on February 15, 2024, and May 1 st , 2024, (the ‘’Private Placements”) representing a gross aggregate amount of US$37.5 million from Mitsui & Co., Ltd. (‘’Mitsui”) (TYO:8031) and Pallinghurst Bond Limited (‘’Pallinghurst”). For further... Read More
Approval by NMG shareholders of private placements for an aggregate amount of US$37.5M by strategic partner Mitsui and long-time investor Pallinghurst in accordance with Regulation-61-101. Private placements scheduled to close on May 2, 2024, with the surrender and cancellation of Mitsui and Pallinghurst’s convertible notes dated November 8, 2022. MONTRÉAL / May 01, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG”... Read More
MONTRÉAL / Apr 01, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement announced by press release dated November 8, 2022 (the “2022 Private Placement”). Settlement of Accrued Interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the... Read More
GreenStockNews
Multiyear offtakes and strategic investments from Panasonic Energy and GM covering approximately 85% of NMG’s planned Phase-2 fully integrated production of active anode material. Aggregate combined investment of US$50 million by Panasonic and GM, with a private placement of US$37.5M by Mitsui & Co., Ltd (“Mitsui”) and... Read More
MONTRÉAL / Feb 28, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) announces it has closed its private placement previously announced on February 15, 2024 (the “Tranche 1 Investment”) of 25,000,000 common shares in the capital of the Company (“Common Shares”) and 25,000,000 common share purchase warrants (the “Warrants”) for aggregate gross proceeds of US$50 million in... Read More
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Launch of a training program in green technology industrial processes in partnership with the region’s education and industrial partners to secure a local and qualified workforce Meetings held with over 300 regional companies in recent months to identify local capacity and plan the Company’s procurement strategy Progress in... Read More
Panasonic Energy signs multiyear binding Offtake Agreement for 18,000 tonnes per annum of active anode material of NMG’s planned Phase-2 integrated production, from ore to battery materials. Offtake Agreement is complemented by US$25 million Tranche 1 Investment in NMG from Panasonic to support advancement of NMG’s Phase-2 operations in line with specifications refined during qualification process. Panasonic intends to... Read More
GreenStockNews
Panasonic Energy and GM (together, the “Anchor Customers”) concurrently commit to multiyear offtake agreements for NMG’s active anode material, covering approximately 85% of NMG’s planned Phase-2 fully integrated production, from ore to battery materials. Offtake agreements are complemented by an aggregate US$50 million... Read More
GreenStockNews
NMG is Developing What is Projected to Be the First Fully Integrated Source of Natural Graphite Active Anode Material in North America NMG and GM have agreed to sign a multiyear supply agreement for 18,000 tonnes per annum of active anode material, covering a significant portion of NMG’s expected Phase-2 integrated production,... Read More
TORONTO , Jan. 31, 2024 /CNW/ - Mason Resources Inc . (" Mason ") (TSXV: LLG) (OTCQX: MGPHF) is pleased to announce that it closed today the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project , pursuant to the previously announced asset purchase agreement dated January 21, 2024 (the " APA ") with Nouveau Monde Graphite Inc. (" NMG ") (NYSE: NMG) (TSXV: NOU). In consideration for the... Read More
MONTRÉAL / Jan 31, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) is pleased to announce the closing of the previously announced acquisition of the entire Lac Guéret property, targeted for the development of the Uatnan Mining Project , contemplated under an asset purchase agreement with Mason Resources Inc. (“Mason”) (TSX.V: LLG, OTCQX: MGPHF) dated January 21, 2024. NMG... Read More
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NMG has agreed to acquire 100% of Mason Resources’ Lac Guéret graphite deposit to secure a world-class asset which will underpin NMG’s planned Phase-3 expansion. Preliminary economic assessment of the Uatnan Mining Project has demonstrated attractive economics for a targeted production of approximately 500,000 tonnes of... Read More
TORONTO , Jan. 22, 2024 /CNW/ - Mason Resources Inc. (the " Company " or " Mason ") (TSXV: LLG) (OTCQX: MGPHF) is pleased to announce having entered into an asset purchase agreement dated January 21, 2024 (the " APA ") with Nouveau Monde Graphite Inc. (" NMG ") (NYSE: NMG) (TSXV: NOU) for the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project . In consideration for the sale of the Lac... Read More
MONTRÉAL / Jan 02, 2024 / Business Wire / Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement . Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec, Pallinghurst Bond... Read More
GreenStockNews
NMG tops Benchmark’s newly released Sustainability Index for producer as the only natural graphite producer in the “Industry Leading” category ahead of all Western, African, and Chinese producers Benchmark’s Sustainability Index of graphite producers includes thorough review of ESG practices by its team of expert analysts and... Read More
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New restrictions on Chinese graphite exports are forecasted to exacerbate pressure on battery supply chains and accelerate graphite onshoring. NMG is set to become the largest fully integrated producer of natural graphite in North America. Québec is rapidly emerging as a prominent hub for the battery supply chain in North... Read More
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NMG is mapping its execution strategy for the Phase-2 Matawinie Mine and Bécancour Battery Material Plant to ensure swift start of construction as soon as FID is reached. NMG selects Pomerleau for pre-construction management; focus on construction sequence and logistics, budget revisions, procurement strategy, HSE preparation,... Read More
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Confirmed 77 MW electricity block for NMG’s Phase-2 Bécancour Battery Material Plant to support production of carbon-neutral active anode material for the battery/EV market. NMG to benefit from Québec’s discounted industrial rate for hydroelectricity at both Phase-2 Matawinie Mine and Bécancour Battery Material Plant. Calendar... Read More
MONTRÉAL / Oct 01, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec, Pallinghurst Bond Limited... Read More
Production of EV lithium-ion batteries at Panasonic Energy facilities testing NMG’s active anode material, a step forward in qualification process toward a definitive offtake agreement Continued advancement of commercial discussions towards a definitive offtake agreement with Panasonic Energy for NMG’s carbon-neutral active anode material NMG and Panasonic Energy’s continued collaboration as evidence of Canada-Japan’s... Read More
Ahead of Phase-2 development, Company-wide focus on securing the best multiyear sales agreements to provide bankability confirmation to lenders, final technical parameters for detailed engineering of the Bécancour Battery Material Plant, commercial visibility for NMG’s business execution plan, and long-term value for shareholders. Continuous progress on defining technical and commercial parameters for a long-term agreement... Read More
MONTRÉAL / Jul 04, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec, Pallinghurst Bond Limited... Read More
MONTRÉAL / Jun 19, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) held today its virtual Annual General and Special Meeting of Shareholders (the “Meeting”). The Meeting was complemented with a corporate presentation by NMG’s management team providing shareholders with an update on the Company’s key projects, commercial engagement, and growth plan. Eric Desaulniers,... Read More
Integrated luxury retailer joins forces with its brand partners to raise over $600,000 for Parsons School of Design and The Joseph and Gail Gromek Institute for Fashion Business Bergdorf Goodman hosts Parsons students to inspire next generation of talent NEW YORK , May 25, 2023 /PRNewswire/ -- Neiman Marcus Group ("NMG") is proud to announce Geoffroy van Raemdonck , Chief Executive Officer, was honored with the Parsons Table... Read More
MONTRÉAL / May 12, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) announces the grant of 864,500 stock options to directors, officers, and employees. These stock options are granted in accordance with the terms of the stock option plan of the Company. Each option entitles the holder thereof to purchase one common share of the Company at a price of $4.77 per common share... Read More
Issuance of NMG’s 2022 ESG Report demonstrating advancement on climate action, biodiversity management, Indigenous relations, governance, and stakeholder engagement. Recent announcements via Canada’s and Québec’s budgets provide new fiscal measures and levers for investment that strengthen NMG’s Phase-2 financing structure in complement to ongoing activities with export credit agencies and governmental branches. Signature of... Read More
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Caterpillar to develop an integrated solution covering a zero-exhaust emission fleet, infrastructure, and services for NMG’s Matawinie Mine Definitive agreements underpinned by the 2021 collaboration agreement now frame the deployment of technology, testing collaboration, as well as procurement of fleet and infrastructure... Read More
MONTRÉAL / Apr 17, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) closed today its previously announced underwritten public offering (the “Offering”) of 4,850,000 of its common shares (the “Common Shares”) at a price of US$4.55 per Common Share for aggregate gross proceeds of approximately US$22 million. The Offering was conducted on a bought deal basis through a syndicate... Read More
MONTRÉAL / Apr 11, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by BMO Capital Markets and Cormark Securities Inc., pursuant to which the Underwriters have agreed to buy on a bought-deal basis 4,850,000 common shares of the Company (the “Common Shares”),... Read More
MONTRÉAL, April 11, 2023 (GLOBE NEWSWIRE) -- Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by BMO Capital Markets and Cormark Securities Inc., pursuant to which the Underwriters have agreed to buy on a bought-deal basis 4,850,000 common shares of the Company (the “Common... Read More
MONTRÉAL / Mar 31, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange (the “Exchanges”), the accrued interests owed to Investissement Québec, Pallinghurst Bond Limited... Read More
Advancement of technical and commercial parameters for a definitive multi-year offtake agreement with Panasonic Energy covering a significant portion of NMG’s active anode material production from the Company’s “ore-to-anode-material” Phase-2 facilities. 2022 groundwork at Matawinie Mine completed, with key environmental infrastructures built in preparation for the start of civil work. Continued advancement of Phase-2... Read More
Preliminary economic assessment of the Uatnan Mining Project demonstrates attractive economics with an indicative NPV of C$ 2,173 million for a targeted production of approximately 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine, making it one of the world’s largest graphite projects in development. As lithium-ion battery production points to 8 TWh of capacity by 2030, the Uatnan Mining Project... Read More
Financial assistance of CA$3 million through the Québec government’s Technoclimat program to support NMG’s advanced transformation of environmentally friendly anode material Additional grants of CA$600,000 from the FRQNT to go toward two R&D projects to optimize NMG’s advanced transformation processes Government leadership to develop critical and strategic minerals boosts NMG’s commercialization efforts and positions Québec... Read More
Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the engagement of Red Cloud Securities to provide liquidity services to the Company. Also, NMG specifies that the new options granted on December 1, 2022, to two consultants, will vest at certain conditions on or before March 28, 2025, and will expire two (2) years following the vesting of those options (no later than March 28, 2027).... Read More
GreenStockNews
Preliminary economic assessment of the Uatnan Mining Project demonstrates attractive economics for a targeted production of approximately 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine, making it one of the World’s largest graphite projects in development. The Uatnan Mining Project covers Mason... Read More
Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces today the capitalization of accrued interests as part of a previously announced private placement. Settlement of accrued interests NMG has capitalized accrued interests owed to Investissement Québec, Pallinghurst Bond Limited and Mitsui & Co., Ltd. (the “Holders”) under the unsecured convertible notes (the “Notes”) issued in connection... Read More
Nouveau Monde Graphite Inc. (the "Company" or "Nouveau Monde") (TSXV: NOU ; NYSE: NMG) is pleased to announce that it has, subject to all required regulatory approvals, including the approval of the TSX Venture Exchange (the "Exchange"), retained Hybrid Financial Ltd. ("Hybrid") to provide assistance in all aspects of a marketing campaign for the Company, pursuant to an agreement entered into between the Company and Hybrid... Read More
MONTREAL, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the grant of 50,000 stock options to an officer. These stock options are granted in accordance with the terms of the stock option plan of the Company. Each option entitles the holder thereof to purchase one common share of the Company at a price of $6.48 per common share for a period... Read More
GreenStockNews
MoU with Panasonic Energy to confirm intentions for a multi-year offtake agreement for a significant portion of NMG’s active anode material from the Company’s “ore-to-anode-material” Phase-2 production facilities. US$50 million private placement from Mitsui & Co., Investissement Québec and The Pallinghurst Group to support the... Read More
Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX.V: NOU) announces it has closed its private placement announced on October 20, 2022 (the “Private Placement”) of unsecured convertible notes (the “Convertible Notes”) for aggregate gross proceeds of US$50 million in accordance with the subscription agreements entered into between the Company and each of Mitsui & Co., LTD (“Mitsui”) (TYO:8031), Pallinghurst... Read More
GreenStockNews
Framework agreement between NMG, Panasonic Energy and Mitsui for the development and further commercialization of NMG’s integrated anode material operations in Québec, Canada Signed memorandum of understanding to confirm intentions for a multi-year offtake agreement between NMG and Panasonic Energy for a significant portion of... Read More
Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSXV: NOU) bolsters its leadership, depth, and execution capabilities with the nomination on its management team of Anoop Singh, P.Eng., as Vice President, Mining Projects, Josée Gagnon, LL.B, MBA, as Vice President, Legal Affairs & Corporate Secretary, and Kelly LeBlanc as Manager, Indigenous Relations. These nominations coincide with NMG’s preparation for the... Read More
GreenStockNews
Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSXV: NOU) reports steady progress along its business execution plan as the Company prepares the transition to Phase 2 of its vertically integrated operations and explores opportunities for its Phase 3 with a view to establish North America’s largest natural... Read More
Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSXV: NOU) is pleased to announce the initial closing of the previously announced transactions contemplated under the investment agreement dated May 15, 2022 (the ”Investment Agreement”) between NMG and Mason Graphite Inc. (“Mason Graphite”) (TSX-V: LLG) (OTCQX: MGPHF), with a view towards the development and operation of Mason Graphite’s Lac Guéret property,... Read More
LeddarTech ® , a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce the appointment of Mr. David Torralbo as Chief Legal Officer on June 20, 2022. David has over 20 years of experience specializing in corporate and securities law, public and private M&A, corporate governance, litigation and risk management. Most recently, he served as Chief Legal Officer... Read More
Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) has received the results of an independently conducted cradle-to-gate life cycle assessment (“LCA”) for its portfolio of graphite-based materials, confirming the minimal and industry-leading environmental footprint of its production. NMG’s full commercial-scale Phase-2 all-electric facilities are forecasted to produce coated... Read More
GreenStockNews
Developing a local, carbon-neutral and traceable turnkey supply of advanced materials for the Western World, Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) releases the results of its feasibility study (the “Study”) completed in accordance with the National Instrument 43-101 (“NI... Read More
GreenStockNews
Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) held yesterday its hybrid Annual General and Special Meeting of Shareholders (the “Meeting”) from its Phase-1 plant in Saint-Michel-des-Saints, an occasion to showcase its brand-new coating line with a nameplate capacity of 2,000... Read More
Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) reports meaningful progress on its financing efforts for the development of its fully vertically integrated Phase-2 operations, combining the Bécancour Battery Material Plant and Matawinie Mine. Following the appointment of financial advisors to assist with the structuring and securing of project financing , the Company has engaged... Read More
GreenStockNews
Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) ( NYSE: NMG , TSXV: NOU ) presents shareholders and stakeholders with its 2021 ESG Report documenting its impact, contribution and managerial approach in relation to key environmental, social and governance (“ESG”) topics ahead of its Annual General and... Read More
Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) completed another quarter of diligent progress towards the establishment of what is projected to be North America’s largest and first fully integrated ore-to-battery-material natural graphite production in a context of accelerated growth in the battery space and sustained pressure on supply chains. NMG maintained its focus on the... Read More
GreenStockNews
A reflection of its focus on green technologies and local advanced manufacturing, Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) has secured a $5.75 million grant from Sustainable Development Technology Canada (“SDTC”), a flagship program from the Government of Canada, for the... Read More
Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the grant of 547,500 stock options to the directors and certain officers of the Company. These stock options are granted in accordance with the terms of the stock option plan of the Company. Each option entitles the holder thereof to purchase one common share of the Company at a price of $8.20 per common share for a period... Read More

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