Nouveau Monde raises $15m for Quebec graphite project

Nouveau Monde Graphite (TSXV: NOU) has closed financing transactions totalling C$20 million ($15.3m) with Pallinghurst to fund the next phase of the company’s Matawinie graphite project in Saint-Michel-des-Saints, Quebec. The company issued a 3% net smelter royalty over the Matawinie property...