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NEO Battery Materials Ltd.: NEO Battery Materials Enters into Collaborative Development Agreement with YUIF Regarding Silicon Anode Technology
TSXV: NBM) (
Collaboration ) with Yonsei University-Industry Foundation ( YUIF ). The objective of the Collaboration is to conduct research and forward the development and commercialization of the proprietary ion-conductive polymer nanocoating technology for silicon anode applications.
Spencer Huh, President and Chief Executive Officer, commented, We are delighted to be partnered with YUIF to collaboratively develop our proprietary silicon anode technology. Our disruptive technology holds the potency to remove the bottleneck for electric vehicles through silicon s superior electrochemical properties. We look forward to advance this partnership for further productive opportunities.
Vancouver, British Columbia (Newsfile Corp. - May 11, 2021) - Dr. Jong Hyeok Park, Director and Chair of Scientific Advisory Board of NEO Battery Materials Ltd. (TSXV: NBM) ("NEO" or the "Company"),
NEO Battery Materials Ltd. Receives Final TSXV Approval to Close Oversubscribed Financing
TSXV: NBM) (
NEO or the
Company ) is pleased to announce that it has received final TSXV approval to close its previously announced non-brokered private placement offering of 17,141,667 units of the Company ( Units ) at a price of $0.12 per unit for gross proceeds of $2,057,000, oversubscribing the financing by $557,000. Each Unit will consist of one common share and one common share purchase warrant exercisable at $0.16 per warrant for a period of 36 months.
Certain directors and officers of the Company have participated in the Financing for an aggregate of 2,150,000 units, and are considered related parties to the Company under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ( MI 61-101 ). The Company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and (
NEO Battery Materials Ltd. Announces Intention to Meet TSX Venture Exchange Listing Requirements
TSXV: NBM) (
NEO or the
Company ) announces that, in follow up to the Company s press release dated January 27, 2021 and in accordance with section 3.2(b) of the TSX Venture Exchange (the Exchange ) Policy 2.5, the Company provided a submission to the Exchange prior to April 30, 2021 evidencing how it intends to meet Tier 2 continued listing requirements as a mining Company.
In connection with the submission to the Exchange, the Company is providing the following summary and updates to its mining operations:
Pursuant to the Company s press releases dated January 26, 2021 and February 11, 2021, the Company has staked new mining claims in Golden, BC, along strike with a quartzite bed, targeting silica in the quartzites over a total of 467 hectares. The Company has also engaged an exploration manager to oversee the exploration program (the Initial Program ) of the mining claims. T