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Nouveau Monde Reviews 2018 Accomplishments and Announces 2019 Objectives

SAINT-MICHEL-DES-SAINTS, Quebec, Jan. 08, 2019 (GLOBE NEWSWIRE) — Thanks to the constant support of all its employees, consultants and shareholders, several important milestones were achieved during 2018 for Nouveau Monde Graphite (« Nouveau Monde » or the « Company ») (TSX Venture Exchange: NOU).  The management and the board of directors of Nouveau Monde would like to warmly thank all our stakeholders for their daily efforts in advancing our project during last year.

During 2018, Nouveau Monde continued to advance its graphite project on many fronts, including:

OBJECTIVES FOR 2019

The main objectives of the Matawinie project for the year 2019 are the following:

Eric Desaulniers, President and CEO of Nouveau Monde commented, “We are proud to confirm that the whole team will continue its work with the same constant dedication, the same contagious passion and energy to achieve our objectives of 2019. The development of a mining project of this size and importance requires organization, discipline and focus over several years. Our team is up to the challenge and eager to bring our project to fruition.”

Best wishes from Nouveau Monde to all its partners and employees in 2019!

ABOUT NOUVEAU MONDE GRAPHITE

In 2015, Nouveau Monde Graphite discovered a major and high-quality graphite deposit on its Matawinie property, located in Saint-Michel-des-Saints, 150 km North of Montréal. This discovery led to the completion of a Feasibility Study, the results of which were announced on October 24, 2018. The Feasibility Study revealed strong economics with projected graphite concentrate production level of 100,000 tonnes per year over a 25.5-year period. NMG will operate its demonstration plant until 2020. During this period, NMG expects the production of 2,000 tonnes of concentrated flake graphite to qualify its products with North American and international clients.

Moreover, in a vertical integration and sustainable development perspective, Nouveau Monde is planning the establishment of a large-scale graphite secondary transformation facility, catering the needs of the booming lithium-ion battery market. With over 60 years of experience in the world of graphite, NMG’s team develops its project with the utmost respect of neighboring communities, while favoring a minimal ecological footprint. NMG’s project is privileged by direct access to the workforce and infrastructure needed to operate its mining project, and it can also rely on an abundant, affordable and renewable source of hydroelectricity.

The technical information in this news release was prepared by Eric Desaulniers, M.Sc., P.Geo., President and CEO of Nouveau Monde. Mr. Desaulniers is a Qualified Persons under Regulation 43-101.

For more information:
   
Eric Desaulniers
President & CEO
Tel: +1 (819) 923-0333
Tristan Menard
Executive Vice-President, Capital Markets
Tel: +1 (514) 296-6339

www.nouveaumonde.ca

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http://nouveaumonde.ca/en/support-nmg/

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 release.

All statements, other than statements of historical fact, contained in this press release including, but not limited to generally, or the “About Corporation Graphite” paragraph which essentially describe the Corporation’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. 

Further information regarding Corporation is available in the SEDAR database (www.sedar.com) and on the Corporation’s website at: www.nouveaumonde.ca