Off-market insider buying at Nouveau Monde Graphite (NOU)

Off-market insider buying at Nouveau Monde Graphite (V:NOU)

Pallinghurst Graphite Limited, a 10% Holder, acquired 8,525,000 Common Shares on a direct ownership basis at a price of $0.235 through a private transaction on June 27th, 2019. This represents a $2,003,375 investment into the company's shares and an account share holdings change of 19.5%.

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.