Toronto, Ontario--(Newsfile Corp. - November 3, 2025) - Mason Resources Inc. (TSXV: LLG) (OTCQX: MGPHF) ("Mason"), a significant shareholder of Nouveau Monde Graphite Inc. (NYSE: NMG) (TSX: NOU) ("NMG" or the "Company"), extends its congratulations to NMG's leadership team on the announcement of a series of transformative commercial and governmental agreements that position NMG at the forefront of the global energy transition and Canada's critical minerals strategy.
On October 31, 2025, NMG made the following announcements:
i) NMG and Traxys Finalize Offtake and Marketing Agreement for Natural Flake Graphite for Refractory Markets in North America and Europe;
ii) NMG Finalizes Multiple Offtake Agreements for its Phase-2 Graphite Production Demonstrating Strong Support from Canadian Government and Customers; and
iii) NMG and Panasonic Energy Update Their Commercial Agreement; Plan to Launch a Dedicated Initial Capacity of Active Anode Material Production.
Traxys Announcement
NMG has updated its joint marketing and offtake agreement with Traxys to encompass the North American and European refractory markets, supported by an exclusive roster of end-users. The renewed arrangement provides for the offtake of 20,000 tonnes per annum of graphite concentrate, including a firm take-or-pay commitment of 10,000 tonnes per year, to be produced at NMG's Phase-2 Matawinie Mine. Through this agreement, NMG will leverage Traxys' extensive market intelligence, customer relationships, and logistics infrastructure to deliver its flake graphite production into established Western industrial supply chains. The announcement coincides with the execution of multiple commercial agreements collectively covering up to 100% of NMG's anticipated future Phase-2 Matawinie Mine output.
New Offtake Agreements, Including with the Canadian Government
NMG announced the execution of binding supply and marketing term sheets with the Government of Canada for the placement of an aggregate of 30,000 tonnes per annum of graphite concentrate with Canada and allied entities for strategic applications under a seven-year offtake term. The Company has also revised its binding offtake agreement with Panasonic Energy to accelerate the construction and commissioning of its Phase-2 integrated value chain, targeting the production of 13,000 tonnes per annum of active anode material. In parallel, NMG finalized an updated commercial and marketing agreement with Traxys covering 20,000 tonnes per annum of graphite concentrate for the refractory market, including a firm take-or-pay commitment, pending Traxys board approval. Negotiations are also advancing with a leading anode manufacturer for the potential supply of up to 30,000 tonnes per annum of graphite concentrate from the Phase-2 Matawinie Mine, intended to support GM's active anode material requirements and other customers. Meanwhile, the Matawinie Mine project financing process continues to progress, with due diligence nearing completion and long-form term sheet discussions underway ahead of respective lenders' credit committee reviews.
Panasonic Announcement
NMG has revised its binding offtake agreement with Panasonic Energy to advance the production of active anode material through NMG's Phase-2 integrated value chain. This announcement coincides with the execution of multiple commercial agreements that collectively have the potential to secure 100% of NMG's future Phase-2 Matawinie Mine production.
Mason's Strategic Outlook
As a long-term shareholder of NMG, Mason Resources believes these achievements significantly enhance the value of its investment and reflect the growing importance of Canada's graphite assets within global energy and defence supply chains. Mason remains confident that NMG's integrated approach - from responsible mining to advanced battery material production - will continue to position the Company as a cornerstone of North America's clean-energy supply chain.
More details and complete coverage of those important announcements can be found on the Company's website at: https://nmg.com/investors/news.
About Mason Resources Inc.
Mason is an investment company principally engaged in the business of acquiring and holding positions in a concentrated number of investment opportunities mainly but not exclusively in minerals and materials sector. Some of its existing holdings include Black Swan Graphene Inc., Nouveau Monde Graphite Inc., Astra Exploration Inc., and NorthX Nickel Corp.
Mason Resources Inc. on behalf of the Board of Directors
Peter Damouni, President & Chief Executive Officer
For more information please contact:
Paul Hardy, Vice President - Corporate Development
phardy@masonresourcesinc.com
+1 (416) 844-7365
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
The information contained herein contains "forward-looking statements" or "forward-looking information" within the meaning of applicable securities legislation. Forward-looking statements or forward-looking information relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements" or "forward-looking information". Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to Mason's various investments and the likelihood that any gains from the investments will result in profitability for the Corporation on the timeline projected or at all, risks related to the development of NMG's projects, risks related to Black Swan's and NorthX Nickel's business, risk related to the failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with the industry; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in development activities or the completion of feasibility studies; the uncertainty of profitability; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of feasibility studies, and the possibility that future results will not be consistent with Mason's expectations; risks related to commodity prices fluctuations; and other risks and uncertainties related to Mason's prospects, properties and business detailed elsewhere in Mason's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and Mason does not assume any obligation to update or revise them to reflect new events or circumstances, except in accordance with applicable securities laws. Actual events or results could differ materially from Mason's expectations or projections.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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SOURCE: Mason Resources Inc.
