CORRECTION: Tristan C. Menard is Appointed Executive Vice-President, Capital Markets at Nouveau Monde Graphite Inc.

Please note that the release issued earlier today by Nouveau Monde Graphite Inc. (TSXV:NOU) under headline "Nouveau Monde Increases Its Indicated Resources to 95.8 Mt at a Grade of 4.28% Cg for its West Zone Graphite Deposit – Matawinie Property" should be replaced by this release.

SAINT-MICHEL-DES-SAINTS, Quebec, July 05, 2018 -- Nouveau Monde Graphite Inc. (TSXV:NOU) (“NMG”) announces that Tristan C. Menard has been appointed Executive Vice-President, Capital Markets. Mr. Menard has relinquished his seat on NMG’s Board of Directors to join the company’s Management team.

Prior to joining NMG, Mr. Menard was a Portfolio Manager and Associate at Jarislowsky Fraser’s Montreal office, where he was part of a team managing over $10 billion in assets for private and institutional clients. He also worked as a financial analyst at the Standard Life Assurance Company of Canada, focusing primarily on Materials companies, Life Insurance companies and Real Estate Investment Trusts.

Mr. Menard will oversee the Company’s Capital Markets Strategy and Initiatives (“CMSI”) and take charge of NMG’s relations and alliances with the main financial places’ participants. Mr. Menard’s professional experience and knowledge of the Organization, its industry and markets will undeniably enable him to partake in NMG’s development. Mr. Menard’s expertise and comprehension of financial markets and his broad network will prove to be non-negligible assets for NMG. Mr. Menard is thrilled to have the opportunity to support the Company’s Management team in continuing and growing NMG’s value responsibly and sustainably for all its shareholders.

Mr. Menard holds the Chartered Investment Manager designation and is completing an Executive MBA at Sherbrooke University. Trained at the Collège des Administrateurs de Sociétés, he is a Director and a member of the Finance Committee of the Regroupemement des Jeunes Chambres de Commerce du Québec and a Director and the Treasurer of AlterGo, Formation AletrGo and Défi Sportif AlterGo.

About Nouveau Monde Graphite

In 2015, Nouveau Monde Graphite discovered a major and high-quality graphite deposit on its Matawinie property, located in Saint-Michel-des-Saints, 150 km north of Montreal, Quebec. The discovery led to the announcement of a prefeasibility study on October 25, 2017. The prefeasibility study results revealed projected graphite concentrate production levels of 52,000 tonnes per year over a 27-year period. In the summer of 2018, NMG will be launching its first tonnes of concentrated graphite flake manufactured in demonstration plant. NMG’s demonstration plant has been built for a production capacity of 2,000 tonnes of concentrated flake graphite for a two-year period.

Moreover, in a vertical integration and sustainable development perspective, the company is planning the establishment of a large-scale graphite secondary transformation facility, catering the needs of the booming lithium-ion battery market. With over 60 years of experience in the world of graphite, NMG’s team develops its projects with the utmost respect of neighboring communities, while favoring a minimal ecological footprint. NMG’s project is privileged by direct access to the workforce and infrastructure needed to operate its mining project, and it can also rely on an abundant, affordable and renewable source of hydroelectricity.

For more information:

Eric Desaulniers
President & CEO
Tel: +1 (819) 923-0333
www.nouveaumonde.ca

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All statements, other than statements of historical fact, contained in this press release including, but not limited to the “About Nouveau Monde Graphite” paragraphs which essentially describe the Corporation’s outlook and objectives, constitute “forward-looking information” or” forward-looking statements” within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

Further information regarding Nouveau Monde is available in the SEDAR database (www.sedar.com) and on the Corporation’s website at: www.nouveaumonde.ca.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/109778df-13c3-46c9-b29f-48b6d3a012c5