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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) (OTCQ...
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[{"type":"text","content":"Nouveau Monde Graphite Secures Milestone Senior Debt Financing for Phase-2 Matawinie MineToronto, 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 project-finance structure with competitive rates and repayment terms, underpinned by ESG credentials in line with international standardsClear path to FID with debt commitment representing the first step in financing scheduleLong-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 TraxysShovel-ready mine project substantially de-risked with detailed engineering (~80%), site preparatory work, key permits, and instrumental agreements with First Nation and local communityNMG'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 mineralsNouveau 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 institutions, Export Development Canada (\"EDC\") and the Canada Infrastructure Bank (\"CIB\"), have committed to providing facilities totaling US$335 million (the \"Facilities\") toward the establishment of what is projected to be the largest graphite mine of the G7 to serve tomorrow's industries in energy, advanced technology, and manufacturing.Eric Desaulniers, Founder, President, and CEO of NMG, stated:\"A defining milestone for the Matawinie Mine, this commitment from EDC and CIB reflects the depth of Canadian public-finance expertise behind large, strategic infrastru...