NRCan/CED Interest-Free Repayable Contribution of up to C$6.225 Million for the Lac des Iles Pit Extension (August 2025)
Loan
The Regional Economic Growth through Innovation program, delivered in Quebec by the Economic Development Agency of Canada for Quebec Regions (CED). Natural Resources Canada funded, and CED delivered, an interest-free repayable contribution of up to $6.225 million financing 75% of eligible costs of the pit extension at Northern Graphite's Lac des Iles mine.
Agency: Canada Economic Development for Quebec Regions (CED)
Authority: Regional Economic Growth through Innovation program