Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”)
(NYSE: NMG, TSXV: NOU) announces the appointment of Bernard Perron
to the position of Chief Operating Officer starting Monday, January
17, 2022. Mr. Perron will oversee Nouveau Monde’s engineering,
procurement, construction, operations, as well as environmental,
health and safety (“EH&S”) management for its integrated
mine-to-battery-material business model.
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Bernard Perron joins Nouveau Monde as
Chief Operating Officer (Photo: Business Wire)
A senior executive with over 25 years of experience in the
energy infrastructure sector, Perron has successfully completed
over $8 billion in projects in the last ten years with
industry-leading EH&S performance. Prior to joining Nouveau
Monde, Mr. Perron acted as Senior Vice President, Project
Development & Operations Services, at Inter Pipeline Ltd.,
where he led the construction of a $4.1 billion industrial complex
and oversaw a team of over 450 employees. Mr. Perron cumulates
hands-on project management experience for large facilities and
infrastructure across Canada, Africa, and South America. He holds a
Master in Business Administration from Queen’s University and an
Engineering Degree, Materials and Metallurgy from École
Polytechnique de Montréal.
Eric Desaulniers, Founder, President, and CEO of Nouveau
Monde, commented: “As the world transitions from fossil fuels
to cleantech, I am delighted to see talented minds and skilled
project managers come back to Québec, America’s green battery
preparing to power global electrification. Bernard will contribute
his immense construction and operational expertise in sophisticated
energy industrial settings to execute our vision for an advanced
battery material production and a responsible mining complex. In
ever-changing business and stakeholder landscapes, Bernard has
delivered complex projects on schedule and on budget with an
excellent EH&S track record; I am confident that he will
support the next stage of our growth and elevate our practices.
Bienvenue Bernard!”
Bernard Perron, COO of Nouveau Monde, reacted: “I am
thrilled to be joining Nouveau Monde, a company that shares my
values of safety, environmental stewardship, and community
partnership. In leading strong teams and high-value capital
projects, I have learned tremendously from hard-working
individuals, highly technical developments, and quality-driven
markets. I look forward to advancing Nouveau Monde’s roadmap to
drive the transition to a green future.”
Mr. Perron’s nomination coincides with Nouveau Monde’s
advancement to the execution of the phase-2 development of its
Matawinie mining project for which early works started in 2021 and
its Bécancour battery material plant, in respect of which work is
underway to complete a feasibility study. Projected to be the
largest and most advanced natural graphite operation in North
America, Nouveau Monde is carrying out its de-risked phased
development plan to build a localized, turn-key, and carbon-neutral
alternative to Chinese supply.
About Nouveau Monde
Nouveau Monde is striving to become a key contributor to the
sustainable energy revolution. The Company is working towards
developing a fully integrated source of carbon-neutral battery
anode material in Québec, Canada for the growing lithium-ion and
fuel cell markets. With low-cost operations and enviable ESG
standards, Nouveau Monde aspires to become a strategic supplier to
the world’s leading battery and automobile manufacturers, providing
high-performing and reliable advanced materials while promoting
sustainability and supply chain traceability. www.NMG.com
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Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact,
contained in this press release including, but not limited to those
describing the positive impact of the foregoing on project
economics, the development of the Company’s phase-2 commercial
operations, the completion of the Company’s feasibility study, the
Company’s objective of becoming the largest and most advanced
natural graphite operation in North America, the Company’s intended
carbon neutrality, cleantech trends, and those statements which are
discussed under the “About Nouveau Monde” paragraph and elsewhere
in the press release which essentially describe the Company’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 Company 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.
Moreover, these forward-looking statements were based upon various
underlying factors and assumptions, including the current
technological trends, the business relationship between the Company
and its stakeholders, the ability to operate in a safe and
effective manner, the timely delivery and installation of the
equipment supporting the production, the Company’s business
prospects and opportunities and estimates of the operational
performance of the equipment, and are not guarantees of future
performance.
Forward-looking information and statements are subject to known
or unknown risks and uncertainties that may cause actual results to
differ materially from those anticipated or implied in the
forward-looking information and statements. Risk factors that could
cause actual results or events to differ materially from current
expectations include, among others, delays in the scheduled
delivery times of the equipment, the ability of the Company to
successfully implement its strategic initiatives and whether such
strategic initiatives will yield the expected benefits, the
availability of financing or financing on favorable terms for the
Company, the dependence on commodity prices, the impact of
inflation on costs, the risks of obtaining the necessary permits,
the operating performance of the Company’s assets and businesses,
competitive factors in the graphite mining and production industry,
changes in laws and regulations affecting the Company’s businesses,
political and social acceptability risk, environmental regulation
risk, currency and exchange rate risk, technological developments,
the impacts of the global COVID-19 pandemic and the governments’
responses thereto, and general economic conditions, as well as
earnings, capital expenditure, cash flow and capital structure
risks and general business risks. Unpredictable or unknown factors
not discussed in this Cautionary Note could also have material
adverse effects on forward-looking statements.
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 Company 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.
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.
Further information regarding the Company is available in the
SEDAR database (www.sedar.com), and for United States readers on
EDGAR (www.sec.gov), and on the Company’s website at:
www.NMG.com
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version on businesswire.com: https://www.businesswire.com/news/home/20220110005300/en/
Julie Paquet VP Communications & ESG Strategy
+1-450-757-8905 #140 jpaquet@nmg.com
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