Panasonic Holdings Corp (BUE:PCRFY)
ARS 4.44 0 (0%) Market Cap: 23.38 Til Enterprise Value: 26.25 Til PE Ratio: 10.05 PB Ratio: 0.78 GF Score: 69/100

Nouveau Monde Graphite Inc and Panasonic Holdings Corp to Announce Binding Offtake Agreement Call Transcript

Feb 15, 2024 / 03:30PM GMT
Release Date Price: ARS4.44
Marc Jasmin
Nouveau Monde Graphite Inc - Director, Investor Relations

Good morning, everyone. My name is Marc Jasmin, and I am Director, Investor Relations of Nouveau Monde Graphite.

I'm pleased to welcome you today to the call highlighting the signature by Nouveau Monde Graphite of two distinct long-term offtake agreements, one with General Motors and another with Panasonic Energy, both aiming for the supply of carbon-neutral active anode material that will be produced from our integrated facilities located in Quebec, Canada. These binding offtakes, which will cover a significant portion of our anticipated production, come along with an immediate total investment of USD50 million and a cumulative total intention to invest at FID an additional USD275 million.

These investments are also complemented by an immediate investment from co-investors for a total of USD37.5 million, which will be used to repurchase outstanding convertible debentures.

Joining me today to discuss these announcements, but also for those new to the Nouveau Monde Graphite story is Mr. Eric Desaulniers,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot