NMG Appoints Josee Gagnon as Chief Legal Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2026
0mins
NMG announces appointment of Josee Gagnon as Chief Legal Officer, CLO, and Martine Paradis as Chief of Sustainability and Culture Officer, CSCO. As Chief Legal Officer, Gagnon will continue to oversee all legal, governance, compliance, and corporate affairs matters for the Company. As Chief Sustainability and Culture Officer, Paradis will lead the Company's sustainability strategy
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NMG?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NMG
Wall Street analysts forecast NMG stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 1.910
Low
3.59
Averages
5.02
High
7.50
Current: 1.910
Low
3.59
Averages
5.02
High
7.50
About NMG
Nouveau Monde Graphite Inc. is a Canada-based integrated company. The Company is engaged in developing responsible mining and advanced processing operations to supply the global economy with carbon-neutral active anode material to power electric vehicle (EV) and renewable energy storage systems. The Company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Quebec, Canada. It is advancing the development of its Matawinie graphite property, in which the Company has 100% interest, to produce approximately 106,000 tons per annum (tpa) of graphite concentrate. The Becancour Battery Material Plant is approximately 150 kilometers (km) northeast of Montreal on the Saint Lawrence River. Its Uatnan Mining Project is in the Cote-Nord administrative region, Quebec, Canada, approximately 220 km as the crow flies, north northwest of the closest community, the city of Baie-Comeau.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nouveau Monde Graphite Begins Construction of Matawinie Mine Project
- Groundbreaking Ceremony: Nouveau Monde Graphite held a groundbreaking ceremony for the Matawinie mine project in Saint-Michel-des-Saints, Quebec, marking the official start of construction, attended by key figures including Prime Minister Mark Carney, highlighting the project's strategic importance.
- Project Scale: The project is expected to take approximately 31 months to complete, aiming for full commercial production of 106,000 tonnes of graphite annually by the end of 2028, positioning it as one of the largest natural graphite production platforms in the G7 and ensuring stability in critical mineral supply chains.
- Economic Benefits: The construction phase will create several hundred jobs, with over 300 high-quality jobs maintained once operations commence, promoting local economic development and providing sustainable business opportunities for the community, reflecting dual benefits for economy and environment.
- Strategic Partnerships: Nouveau Monde Graphite has secured commercial agreements with companies like Panasonic Energy, covering over 70% of expected production, further solidifying its position in the global green economy and advancing goals of sustainable development and economic reconciliation.
See More
Nouveau Monde Graphite Rises 2.7% as Construction Begins at Matawinie Mine
- Construction Launch: Canadian Prime Minister Carney highlighted the commencement of construction at Nouveau Monde's Matawinie mine in Quebec, signaling the federal government's commitment to accelerate the development of nationally significant resource projects, which contributed to a 2.7% rise in the company's stock price.
- Equity Transaction Closure: Nouveau Monde formally closed a $310 million equity transaction, granting Italian energy company Eni a nearly 12% stake, which not only bolstered the company's capital base but also attracted foreign investors' interest.
- Government Support: The Canadian and Quebec governments hold approximately 19% and 18% stakes in Nouveau Monde, respectively, demonstrating strong governmental backing for the project, with CEO Eric Desaulniers stating that Carney's involvement was crucial in attracting foreign investment.
- Financing Arrangements: Export Development Canada and the Canada Infrastructure Bank arranged $334 million in financing for the mine's development and construction, with the Matawinie project expected to become the largest graphite mine in North America and the G7, supplying up to 106,000 metric tons annually, which is projected to be eight times Canada's current production.
See More
Nouveau Monde Graphite Closes Private Placement Raising $213.16 Million
- Successful Financing: Nouveau Monde Graphite has closed a private placement with Canada Growth Fund, the Government of Québec, and ENI, raising approximately $213.16 million, reflecting strong market confidence in its Matawinie Mine project.
- Share Issuance Details: In this placement, CGF, IQ, and ENI subscribed for 44,452,460, 33,351,853, and 38,043,478 common shares respectively at a price of $1.84 per share, further strengthening the company's capital base.
- Investment Decision Confirmation: With the closing of the placement, NMG confirms the final investment decision for the Matawinie Mine, planning to use the raised funds for mine design, engineering, and construction to expedite project development.
- Executive Appointments: NMG has appointed Josée Gagnon as Chief Legal Officer and Martine Paradis as Chief of Sustainability and Culture Officer, further strengthening its leadership team to support strategic growth objectives and commitment to responsible business practices.
See More
NMG Shareholders Approve Private Placement and Offtake Agreement
- Successful Private Placement: NMG shareholders approved a private placement totaling approximately $213 million by Canada Growth Fund, the Government of Québec, and ENI International B.V., demonstrating strong market confidence in the company's future and providing robust financial support for business expansion.
- Signing of Key Agreement: NMG signed a definitive seven-year offtake agreement with the Government of Canada for the supply of 30,000 tonnes per annum of graphite concentrate, which not only secures a stable revenue stream but also enhances the company's competitiveness in the lithium-ion battery market.
- New Board Member: The appointment of Hubert T. Lacroix to the board will bring fresh perspectives and experience to NMG's strategic decision-making, further improving corporate governance and supporting long-term growth objectives.
- Shareholder Voting Results: All resolutions submitted at the shareholders' meeting were adopted, including the appointment of PricewaterhouseCoopers as auditor, reflecting shareholders' strong endorsement of the company's governance and financial transparency, thereby enhancing market trust in NMG.
See More
NMG Shareholders Approve Private Placement and Director Appointments
- Private Placement Approval: NMG shareholders approved a private placement totaling approximately $213 million from Canada Growth Fund, the Government of Québec, and ENI International B.V., reflecting strong market confidence in the company's growth prospects and providing robust support for its capital expansion.
- New Board Member: The appointment of Hubert T. Lacroix to the board brings valuable management experience, enhancing the board's leadership and decision-making capabilities, which is crucial for guiding NMG's strategic priorities.
- Government Offtake Agreement: NMG signed a definitive seven-year offtake agreement with the Government of Canada to supply 30,000 tonnes of graphite concentrate annually, ensuring a stable revenue stream and bolstering the company's competitive position in key markets.
- Shareholder Voting Results: All resolutions presented at the meeting, including the appointment of PricewaterhouseCoopers as auditor and amendments to existing warrants, received over 99% approval, demonstrating shareholders' strong support for the company's governance and future strategy.
See More
Nouveau Monde Graphite Secures Financing for Phase 2 Mine
- Financing Structure Confirmed: Nouveau Monde Graphite announced it has secured approximately $645 million in financing, expecting to formally green-light its Phase 2 Matawinie graphite mine project in Quebec this week, marking the imminent construction of one of North America's few graphite projects.
- Capital Expense Assurance: The project's capital expenses are estimated at $474 million, with over 50% of costs secured through contracts, and a construction team already on-site, demonstrating the project's robustness and feasibility.
- Market Diversification Strategy: Despite a slowdown in demand from automakers for electric vehicles, CEO Eric Desaulniers stated that the company will diversify its customer base for graphite concentrate, including energy storage and steelmaking industries, to enhance market demand amid challenges.
- Investment Decision Expectations: NMG anticipates declaring a positive final investment decision for the project upon closing private placements and satisfying conditions of the public offering, reflecting the company's confidence in future market prospects and commitment to shareholder interests.
See More
Nouveau Monde Graphite Begins Construction of Matawinie Mine Project
- Groundbreaking Ceremony: Nouveau Monde Graphite held a groundbreaking ceremony for the Matawinie mine project in Saint-Michel-des-Saints, Quebec, marking the official start of construction, attended by key figures including Prime Minister Mark Carney, highlighting the project's strategic importance.
- Project Scale: The project is expected to take approximately 31 months to complete, aiming for full commercial production of 106,000 tonnes of graphite annually by the end of 2028, positioning it as one of the largest natural graphite production platforms in the G7 and ensuring stability in critical mineral supply chains.
- Economic Benefits: The construction phase will create several hundred jobs, with over 300 high-quality jobs maintained once operations commence, promoting local economic development and providing sustainable business opportunities for the community, reflecting dual benefits for economy and environment.
- Strategic Partnerships: Nouveau Monde Graphite has secured commercial agreements with companies like Panasonic Energy, covering over 70% of expected production, further solidifying its position in the global green economy and advancing goals of sustainable development and economic reconciliation.
See More
Nouveau Monde Graphite Rises 2.7% as Construction Begins at Matawinie Mine
- Construction Launch: Canadian Prime Minister Carney highlighted the commencement of construction at Nouveau Monde's Matawinie mine in Quebec, signaling the federal government's commitment to accelerate the development of nationally significant resource projects, which contributed to a 2.7% rise in the company's stock price.
- Equity Transaction Closure: Nouveau Monde formally closed a $310 million equity transaction, granting Italian energy company Eni a nearly 12% stake, which not only bolstered the company's capital base but also attracted foreign investors' interest.
- Government Support: The Canadian and Quebec governments hold approximately 19% and 18% stakes in Nouveau Monde, respectively, demonstrating strong governmental backing for the project, with CEO Eric Desaulniers stating that Carney's involvement was crucial in attracting foreign investment.
- Financing Arrangements: Export Development Canada and the Canada Infrastructure Bank arranged $334 million in financing for the mine's development and construction, with the Matawinie project expected to become the largest graphite mine in North America and the G7, supplying up to 106,000 metric tons annually, which is projected to be eight times Canada's current production.
See More
Nouveau Monde Graphite Closes Private Placement Raising $213.16 Million
- Successful Financing: Nouveau Monde Graphite has closed a private placement with Canada Growth Fund, the Government of Québec, and ENI, raising approximately $213.16 million, reflecting strong market confidence in its Matawinie Mine project.
- Share Issuance Details: In this placement, CGF, IQ, and ENI subscribed for 44,452,460, 33,351,853, and 38,043,478 common shares respectively at a price of $1.84 per share, further strengthening the company's capital base.
- Investment Decision Confirmation: With the closing of the placement, NMG confirms the final investment decision for the Matawinie Mine, planning to use the raised funds for mine design, engineering, and construction to expedite project development.
- Executive Appointments: NMG has appointed Josée Gagnon as Chief Legal Officer and Martine Paradis as Chief of Sustainability and Culture Officer, further strengthening its leadership team to support strategic growth objectives and commitment to responsible business practices.
See More
NMG Shareholders Approve Private Placement and Offtake Agreement
- Successful Private Placement: NMG shareholders approved a private placement totaling approximately $213 million by Canada Growth Fund, the Government of Québec, and ENI International B.V., demonstrating strong market confidence in the company's future and providing robust financial support for business expansion.
- Signing of Key Agreement: NMG signed a definitive seven-year offtake agreement with the Government of Canada for the supply of 30,000 tonnes per annum of graphite concentrate, which not only secures a stable revenue stream but also enhances the company's competitiveness in the lithium-ion battery market.
- New Board Member: The appointment of Hubert T. Lacroix to the board will bring fresh perspectives and experience to NMG's strategic decision-making, further improving corporate governance and supporting long-term growth objectives.
- Shareholder Voting Results: All resolutions submitted at the shareholders' meeting were adopted, including the appointment of PricewaterhouseCoopers as auditor, reflecting shareholders' strong endorsement of the company's governance and financial transparency, thereby enhancing market trust in NMG.
See More
NMG Shareholders Approve Private Placement and Director Appointments
- Private Placement Approval: NMG shareholders approved a private placement totaling approximately $213 million from Canada Growth Fund, the Government of Québec, and ENI International B.V., reflecting strong market confidence in the company's growth prospects and providing robust support for its capital expansion.
- New Board Member: The appointment of Hubert T. Lacroix to the board brings valuable management experience, enhancing the board's leadership and decision-making capabilities, which is crucial for guiding NMG's strategic priorities.
- Government Offtake Agreement: NMG signed a definitive seven-year offtake agreement with the Government of Canada to supply 30,000 tonnes of graphite concentrate annually, ensuring a stable revenue stream and bolstering the company's competitive position in key markets.
- Shareholder Voting Results: All resolutions presented at the meeting, including the appointment of PricewaterhouseCoopers as auditor and amendments to existing warrants, received over 99% approval, demonstrating shareholders' strong support for the company's governance and future strategy.
See More
Nouveau Monde Graphite Secures Financing for Phase 2 Mine
- Financing Structure Confirmed: Nouveau Monde Graphite announced it has secured approximately $645 million in financing, expecting to formally green-light its Phase 2 Matawinie graphite mine project in Quebec this week, marking the imminent construction of one of North America's few graphite projects.
- Capital Expense Assurance: The project's capital expenses are estimated at $474 million, with over 50% of costs secured through contracts, and a construction team already on-site, demonstrating the project's robustness and feasibility.
- Market Diversification Strategy: Despite a slowdown in demand from automakers for electric vehicles, CEO Eric Desaulniers stated that the company will diversify its customer base for graphite concentrate, including energy storage and steelmaking industries, to enhance market demand amid challenges.
- Investment Decision Expectations: NMG anticipates declaring a positive final investment decision for the project upon closing private placements and satisfying conditions of the public offering, reflecting the company's confidence in future market prospects and commitment to shareholder interests.
See More
