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Nouveau Monde Graphite Secures Milestone Senior Debt Financing for Phase-2 Matawinie Mine
Toronto, Ontario--(Newsfile Corp. - March 18, 2026) - Mason Resources Inc. (TSXV: LLG) (OTCQB: MGPHF) ("Mason") ("Mason" or the "Company"), congratulates Nouveau Monde Graphite Inc. ("NMG" or the "Company") (NYSE: NMG) (TSX: NOU) for the successful arrangement of senior project debt financing for the development of its Phase-2 Matawinie Mine. Mason is a large shareholder of NMG.Fully committed senior project debt commitment letter of US$335 million secured with EDC and CIBLong-tenor, flexible...
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - March 18, 2026) - Mason Resources Inc. (TSXV: LLG) (OTCQB: MGPHF) ("Mason") ("Mason" or the "Company"), congratulates Nouveau Monde Graphite Inc. ("NMG" or the "Company") (NYSE: NMG) (TSX: NOU) for the successful arrangement of senior project debt financing for the development of its Phase-2 Matawinie Mine. Mason is a large shareholder of NMG.","length":441,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fully committed senior project debt commitment letter of US$335 million secured with EDC and CIB","length":96,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Long-tenor, flexible project-finance structure with competitive rates and repayment terms, underpinned by ESG credentials in line with international standards","length":158,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Clear path to FID with debt commitment representing the first step in financing schedule","length":88,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Long-term offtake arrangements underpin project bankability and revenue visibility, with 75% of the Phase-2 Matawinie Mine future production earmarked for the Government of Canada, Panasonic Energy and Traxys","length":208,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Shovel-ready mine project substantially de-risked with detailed engineering (~80%), site preparatory work, key permits, and instrumental agreements with First Nation and local community","length":185,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"NMG's Phase-2 Matawinie Mine referred to the Major Projects Office as a project of national interest to bolster economic growth, accelerate the development of an integrated value chain in Canada, and support G7 countries and allies in sourcing critical minerals","length":265,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":1000,"olType":false},{"type":"text","content":"Nouveau Monde Graphite Inc. has executed a commitment letter in respect of senior secured project debt to support the construction, development and commissioning of the Phase-2 Matawinie Mine, a major project of national interest as identified by the Government of Canada. Leading Canadian public finance instit...