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by Will Purcell

The critical and specialty minerals stocks box score on Monday was a positive 100-87-123 as the TSX Venture Exchange added seven points to 985. Well, that was quick: It took just as long for Nouveau Monde Graphite Inc. (NOU) to price an overnight marketed public offering as it did for the company to sell all 8.33 million shares at $2.40 (U.S.), raising $20-million (U.S.) for work at its Matawinie graphite project in Quebec.

Little wonder the sale went quickly: The selling price, about $3.30 in Canadian currency, was well below the $4.50 per share that Nouveau Monde was trading at late last week. It was also lower than the average of $3.54 at which 2.21 million shares traded after word of the sale hit the street late last week. Nouveau Monde, which added 16 cents to $3.62 on 412,000 shares today, is looking to build a $1.3-billion graphite mine and processing facility in Quebec.

Ken Johnson's Lipari Mining Ltd. (LML) was unchanged at 27 cents on less than a board lot today. The company has a kimberlite processing plant en route to its Tchiuzo project in Angola. The plant, which the company recently acquired, is expected to arrive at the site in early January. (It was acquired in Sudbury and is now in Montreal, being prepared for shipment to Luanda.)

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