Press Release - MINING COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
NEO Battery Materials Ltd Announces Mr Hur and Mr Hwang to Join Scientific Advisory Board
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
NEO Battery Materials Ltd. Secures an $8 Million Equity Facility with New York Private Equity Firm Alumina Partners LLC
NEO or the
Investment Agreement ) for a drawdown equity financing facility (the
Facility ) of up to CDN$8 million with Alumina Partners (Ontario) Ltd. (
Alumina ), an affiliate of New York-based private equity firm Alumina Partners LLC. The Investment Agreement with Alumina Partners provides a strong financial backing that will enable NEO Battery Materials to move to the next stage of executing our business plan and strategies, said Spencer Huh, CEO of the Company. The flexibility of the Facility will allow NEO to expedite the process of commercializing our proprietary silicon-based hybrid anode material and exploring the two crucial commodities necessary for our battery materials production - silicon and lithium.