GATINEAU, QUEBEC–(Marketwire – Jan. 7, 2013) –

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES

Nouveau Monde Mining Enterprises Inc. (“Nouveau Monde” or the “Company“) (TSX VENTURE:NOU) was formed on December 31, 2012 under the Canada Business Corporations Actthrough the amalgamation of Tucson Acquisition Corporation (“Tucson“), a capital pool company, and New World Mining Enterprises Inc. (“New World“), a private company located in Gatineau, Quebec (the “Amalgamation“).

The Amalgamation constituted the qualifying transaction (the “QT“) of Tucson in accordance with the requirements of the TSX Venture Exchange (the “TSX-V“) Policy 2.4 – Capital Pool Companies. The Amalgamation is described in further detail in the press releases of Tucson dated June 27, 2012, September 7, 2012 December 3, 2012, December 11, 2012 and December 21, 2012 and in the joint management information circular of Tucson and New World dated November 20, 2012 all of which are available on SEDAR at www.sedar.com. Prior to the Amalgamation, Tucson received conditional approval of the QT from the TSX-V on November 19, 2012. The completion of the QT is subject to the final approval of the TSX-V which Nouveau Monde expects to receive shortly. Upon receipt of final approval from the TSX-V, Nouveau Monde will begin trading on the TSX-V under the symbol NOU.

The incoming board of directors of Nouveau Monde (the “Board“) is comprised of Mr. Alain Lambert, Mr. Roderick M. Bryden, Mr. Éric Desaulniers, Mr. Jacques Letendre and Mr. Ron Keenan. In addition, the following individuals have been appointed as the management of Nouveau Monde, Mr. Éric Desaulniers as President and Chief Executive Officer, Mr. Alain Lambert as Chairman of the Board, Mr. Martin Nicoletti as Chief Financial Officer and Mr. Richard Provencher as Corporate Secretary.

In connection with the QT and prior to the Amalgamation, New World completed two non brokered financings, the first being a private placement of 2,000,000 units at $0.30 (the “New World Units“), as announced by Tucson on September 7, 2012, and a further private placement of 843,000 New World Units, as announced by Tucson on December 21, 2012. Each New World Unit consisted of one common share of New World and one-half of a New World common share purchase warrant exercisable at a price of $0.45 per share and expiring 24 months after the respective closing dates.

In addition, on December 21, 2012, New World also completed a brokered financing of 540,540 flow- through units at a price of $0.37 per flow-through unit (the “Flow Through Units“). Each Flow Through Unit consisted of one common share of New World and one-half of a New World common share purchase warrant. Each whole warrant issued in connection with the brokered financing is exercisable at a price of $0.45 and expires on December 21, 2014.

The brokered and non-brokered financings resulted in aggregate gross proceeds to New World of $1,052,900. Nouveau-Monde will use the gross proceeds to finance the Company’s exploration expenditures on its mineral properties and for working capital.

About Nouveau Monde

Nouveau Monde is a mineral exploration company which holds mining claims in the province of Québec with the objective of discovering major ore deposits. The Company’s core business is project generation through the use of cutting-edge targeting methodologies and partnership development for the exploration of minerals.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Nouveau Monde will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Nouveau Monde.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

CONTACT INFORMATION

• Eric Desaulniers
  President and Chief Executive Officer of Nouveau Monde
  (819) 923-0333

  Alain Lambert
  Chairman of the Board of Nouveau Monde
  (514) 219-7988