NEO Battery Materials Ltd. 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 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 [...]
NEO Battery Materials Ltd. announces that, in follow up to the Company's press release dated January 27, 2021 and in accordance with section 3.2 of the TSX Venture 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 [...]
NEO Battery Materials Ltd. has arranged a non-brokered private placement of up to 12.5 million units at a price of 12 cents per unit for proceeds of up to $1,500,000. Each unit will consist of one common share of the company and one share purchase warrant. Each warrant entitles the registered holder to acquire one additional share of the company at a price of 16 cents for a period of 3 years. All the securities issued [...]
NEO Battery Materials Ltd. is pleased to announce it welcomes Dr. Sang Young Lee to the Scientific Advisory Board. Dr. Sang Young Lee is a renowned researcher in the field of secondary cell or rechargeable batteries. Starting his career at LG Chem, Dr. Lee has served as a Principal Research Scientist for over 10 years. For the last decade, he has continued to develop next-generation batteries - flexible batteries, thin [...]
Dr. Jong Hyeok Park, Director and Chair of the Scientific Advisory Board of NEO Battery Materials Ltd. , is pleased to announce that NEO has achieved breakthrough results in attaining a highly stable long-term cycling ability using 100% silicon anodes. The pure Si anode that does not contain graphite anode materials has been successful in demonstrating these results at automotive rates of charge and discharge for over [...]
NEO Battery Materials Ltd. is pleased to announce it welcomes Mr. Jaehong Hur and Mr. Suk Joong Hwang to its Scientific Advisory Board. Mr. Hur is the former CEO of L&F Co., Ltd, a publicly traded company in South Korea with $2.5 billion market capital, and a global top-tier company in the cathode material business. Currently, Mr. Hur is the Chairman of the Board of Directors at L&F. He has over 15 years of experience in [...]
NEO Battery Materials Ltd. is pleased to announce it has engaged Stockhouse Publishing Ltd to provide increased market awareness and investor relationship services to the Company. The agreement is for a one-year term for a fee of $60,000. This transaction is arm's-length and subject to the approval of the regulatory authorities. Stockhouse will focus on expanding market awareness for the Company and introducing the [...]
NEO Battery Materials Ltd. is pleased to announce it has entered into a definitive agreement for a drawdown equity financing facility of up to CDN$8 million with Alumina Partners Ltd. , 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 [...]
NEO Battery Materials Ltd. is pleased to provide updates regarding the technology of the licensing agreement made with the University-Industry Foundation of Yonsei University . NEO's innovative technology will enable ultra-fast charging and discharging, longer battery life-span, and mechanical robustness for lithium-ion batteries through proprietary silicon nano-coating. Over the past decades, astonishing advances in [...]
NEO Battery Materials Ltd. is pleased to announce it has entered into a licensing agreement with the University-Industry Foundation of Yonsei University . Under the terms of the Agreement, the Company will be granted an exclusive world-wide license for three patents owned by Yonsei University related to silicon nano coating technology for battery anode materials. The three patents to be licensed include: 1 Negative [...]
Pan Andean Minerals is pleased to announce that, further to its press release dated February 12, 2021, the TSXV has approved the Company's name change from Pan Andean Minerals Ltd. to NEO Battery Materials Ltd. The Company will begin trading under the new name "NEO Battery Materials Ltd." and the new stock symbol "NBM.V" on Monday, March 8, 2021. The Company's new CUSIP number is 62908A100 and its new ISIN is [...]
Pan Andean Minerals Ltd. is pleased to announce it has entered into a non-binding Letter of Intent agreement with Belmont Resources Inc. to acquire a 25% interest in the A Block of the Kibby Basin Lithium Project. Belmont is the owner of the property known as the A Block, located 65 km north of Clayton Valley, Nevada claim block. The Kibby Lithium Property is approximately halfway between Las Vegas and Reno and located 65 [...]
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