Nouveau Monde announces payment of accrued interests

Nouveau Monde Graphite announces the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests:Upon the approval of the TSX Venture Exchange and the New York Stock Exchange the accrued interests owed to Investissement Quebec or the third quarter of 2024 under the unsecured convertible note, as amended and restated ssued in connection with the private placement announced by press release dated November 8, 2022 will be deemed paid. 205,460 common shares at a price of US$1.59 representing an aggregate amount of US$326,681 will be issued and share certificates will be delivered to the Holder at the maturity, conversion or redemption of the Note in payment of the accrued interests due on September 30 for the third quarter of the year. The issuance of Common Shares is subject to the approval of the Exchanges and, when issued, will be subject to a hold period of four months and one day.