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Mason Resources Becomes Major Shareholder in Nouveau Monde Graphite Post Lac Guéret Sale

Strategic Investment by Mason Resources Inc.

Mason Resources Inc. (TSXV: LLG) (OTCQX: MGPHF), a forward-thinking investment company, has recently completed the sale of its Lac Guéret Property to Nouveau Monde Graphite Inc. (NYSE: NMG) (TSXV: NOU), cementing itself as one of NMG’s largest investors. This sale enhances Mason’s strategic positioning in the burgeoning graphite industry, central to the renewable energy sector.

Benefits for Mason Shareholders

Mason shareholders stand to gain from this transaction, which aligns with rapid advancements in NMG’s operations. Shareholders will benefit from the equity ownership in NMG as they progress in commercial discussions with leading battery and electric vehicle manufacturers. The sale provides Mason with a 143% premium on the Lac Guéret Property’s market value and a significant interest in NMG’s promising Uatnan Mining Project.

NMG’s Growth and Mason’s Strategic Position

NMG’s acquisition of the high-quality Lac Guéret deposit marks a strategic expansion for their natural graphite production capabilities. The move is set to reinforce NMG’s presence within the global battery materials market, while Mason’s equity ownership in NMG places it in a vantage position for future industry growth.

Comments from Leadership

Fahad Al-Tamimi, Chairman of Mason, expressed his vision for a robust Quebec graphite sector, which the partnership reflects. Arne H Frandsen, Chair of NMG, echoed these sentiments, emphasizing the Lac Guéret acquisition’s strategic significance for NMG’s development plans.

Transaction Outline and Projections

The agreement stipulates that Mason will receive over six million common shares in NMG, alongside a future cash payment, positioned to enhance Mason’s financial standing. This aligns with the companies’ shared values in sustainability and ethical sourcing within the anode material industry.

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