Canada Growth Fund Leads ~US$82M Private Placement for Nouveau Monde Graphite’s Matawinie Mine

Canada Growth Fund Inc. (CGF) entered into a definitive agreement for an approximately US$82 million private placement to support the construction and phased development of Nouveau Monde Graphite Inc.’s flagship Matawinie Mine and related refining facility. The equity financing is part of a larger ~US$633 million package and will be complemented by investments from Eni S.p.A. and Investissement Québec, as well as a concurrent bought-deal public offering of subscription receipts.