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CFO, 10% holder buying at Nouveau Monde Graphite (V:NOU)

Updated Thursday Sep 21, 2017 01:30 AM EDT

Armand Turpin, a 10% Holder, acquired 3,333,334 Common Shares at a price of $0.30 and 1,666,667 Warrants exercisable at $0.40 for a period of 24 months on an indirect ownership basis for registered holder Les Placements Charles-Armand Turpin Inc through a private transaction on September 19th, 2017. This represents a $1,000,000 investment into the company's shares and an account share holdings change of 37.6%.

Under the same terms, Charles-Olivier Tarte, CFO, acquired 50,000 Common Shares and 25,000 Warrants on a direct ownership basis through a prospectus or prospectus exempt offering on September 19th, 2017. This represents a $15,000 investment into the company's shares and an account share holdings change of 33.3%.

Nouveau Monde Graphite is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Nouveau Monde Graphite Inc, formery Nouveau Monde Mining Enterprises Inc, is a Canada-based mining exploration company. It specializes in exploration and evaluation of mineral properties located in Quebec. It operates through the acquisition, exploration and evaluation of mining properties segment. The Company's exploration and evaluation assets include Mac's Lead property, Riviere-aux-Castors property and Matawinie property. The Mac's Lead property consists of approximately 60 mining claims covering over 2,960 hectares and is located approximately 60 kilometers north-east of the Inuit community of Kuujjuarapik. The Riviere-aux-Castors property consists of approximately 95 mining claims covering over 4,840 hectares and is located approximately 40 kilometers southeast of the Radisson municipality, in the James Bay region. The Matawinie property consists of approximately 340 mining claims covering over 19,145 hectares and is located approximately 140 kilometers north of Montreal.

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Go to Nouveau Monde Graphite Inc. (NOU)'s company page

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