Nouveau Monde Graphite

Mason Graphite Inc (TSX-V:LLG, OTCQX:MGPHF) announced that two leading Institutional independent proxy voting advisory firms have recommended Mason shareholders approve the company's joint venture agreement with Nouveau Monde Graphite (TSX-V:NOU) Inc (NMG). Institutional Shareholder Services (ISS) and Glass Lewis each recommended that Mason Graphite shareholders vote for the option and joint venture agreement and the change of business. » Mehr auf proactiveinvestors.com

Mason Graphite Inc (TSX-V:LLG, OTCQX:MGPHF) announced that two leading independent proxy advisory firms have recommended that its shareholders vote in favour of the option and joint venture agreement with Nouveau Monde Graphite (TSX-V:NOU) Inc. Both Institutional Shareholder Services (ISS) and Glass Lewis advised that Mason Graphite shareholders also vote in favour of the change of business, according to a statement from Mason Graphite. » Mehr auf proactiveinvestors.com

Mason Graphite Inc (TSX-V:LLG, OTCQX:MGPHF) and Nouveau Monde Graphite (TSX-V:NOU) Inc have entered into an investment agreement to develop and operate the former's Lac Guéret property in Quebec, according to a joint announcement.  As part of the deal, NMG will make a concurrent equity investment in Mason Graphite of up to C$5 million, conditional upon at least $10 million in expenditures from NMG on the property and the completion of an updated feasibility study based on estimated production of at least 250,000 tons of graphite concentrate per year. » Mehr auf proactiveinvestors.com