April 3 (Reuters) - Nouveau Monde Graphite Inc NOU.V :
* NOUVEAU MONDE GRAPHITE ANNOUNCES A PRIVATE PLACEMENT OF $10.3 MILLION BY THE PALLINGHURST GROUP, A LEADING GLOBAL MINING INVESTOR
* NOUVEAU MONDE MINING ENTERPRISES INC - UPON CLOSING PALLINGHURST WILL HOLD APPROXIMATELY 19.99% OF SHARES
* NOUVEAU MONDE MINING ENTERPRISES - PALLINGHURST AGREED TO SUBSCRIBE TO 43.8 MILLION SHARES IN CAPITAL OF CORPORATION AT $0.235 PER SHARE
* NOUVEAU MONDE MINING - INTENDS TO COMPLETE A SECOND PRIVATE PLACEMENT TO SELECTED EXISTING INSTITUTIONAL SHAREHOLDERS AND OTHER INVESTORS
* NOUVEAU MONDE MINING - COMBINED PROCEEDS OF PALLINGHURST PLACEMENT AND INSTITUTIONAL PLACEMENT ARE EXPECTED TO BE APPROXIMATELY C$22 MILLION
* NOUVEAU MONDE - COMBINED EQUITY RAISE EXPECTED TO PROVIDE NOUVEAU MONDE WITH SUFFICIENT FUNDING FOR ITS NEXT STAGE OF DEVELOPMENT OF MATAWINIE PROJECT