Nouveau Monde Mining Enterprises Inc.
TSX VENTURE : NOU

Nouveau Monde Mining Enterprises Inc.

April 23, 2013 17:06 ET

Nouveau Monde Announces the Grant of 875,000 Share Purchase Options

GATINEAU, QUEBEC--(Marketwired - April 23, 2013) - Nouveau Monde Mining Enterprises Inc. ("Nouveau Monde" or the "Corporation") (TSX VENTURE:NOU) is pleased to announce the grant of 875,000 share purchase options to directors at a price of $0,30 per share for a period of 5 years. All these options will vest 1/3 by period of 6 months until April 19th, 2014. The Corporation has granted 500,000 share purchase options to Mr. Éric Desaulniers (President, Chief Executive Officer and Director), 125,000 to Mr. Alain Lambert (Chairman of the Board and Director) and 50,000 to each of the following persons: Mr. Roderick M. Bryden (Director), Mr. Jacques Letendre (Director), Mr. Ronald Keenan (Director), Mr. Richard Provencher (Corporate secretary) and Mr. Martin Nicoletti (Chief Financial Officer). These options were granted in accordance with the terms of the actual share purchase option plan of the Corporation.

About Nouveau Monde

Nouveau Monde is a Gatineau, Quebec based exploration company with a large portfolio of base and precious metals and industrial minerals in the province of Québec. It has adopted a project generator business model that provides the company with exposure to a multitude of projects to be explored and financed by partners while allowing it to carry out relatively low-cost, grassroots-style prospecting and reconnaissance exploration elsewhere while preserving its capital and thus limiting shareholders dilution.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Nouveau Monde will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Nouveau Monde.

Contact Information

  • Eric Desaulniers, MSc, Geo
    President and Chief Executive Officer of Nouveau Monde
    (819) 923-0333

    Alain Lambert
    Chairman of the Board of Nouveau Monde
    (514) 219-7988