NEO Battery Materials Announces Minimum Financing in Connection with Change of Business into a Technology Issuer
2023年7月1日 - 5:30AM
(
TSXV: NBM) (
OTCQB: NBMFF)
NEO Battery Materials Ltd.
(“NEO” or the
“Company”),
a low-cost silicon anode materials developer that enables
longer-running, rapid-charging lithium-ion batteries, announces a
financing to raise a minimum of $3.9 million CAD in connection with
the Change of Business (“COB”) into an Industrial,
Technology, or Life Sciences Tier 2 Issuer.
The Company has yet to finalize the term, nature
and/or price of each Unit of the financing. The net proceeds of the
financing will primarily be utilized for groundwork for the South
Korean silicon anode commercial plant, material & equipment
procurement, North American R&D expansion, and general working
capital. The financing is subject to compliance with applicable
securities laws and approval of the TSX Venture Exchange, and NEO
expects the final approval of the COB to occur following the
closing of the financing.
About NEO Battery Materials
Ltd.NEO Battery Materials Ltd.
is a Vancouver-based company focused on electric vehicle
lithium-ion battery materials. NEO has a focus on producing silicon
anode materials through its proprietary single-step nanocoating
process, which provides improvements in capacity and
efficiency over lithium-ion batteries using graphite in their anode
materials. The Company intends to become a silicon anode active
materials supplier to the electric vehicle industry. For more
information, please visit the Company’s website at:
https://www.neobatterymaterials.com/.
On behalf of the Board of DirectorsSpencer
HuhPresident and CEO604-355-6463shuh@neobatterymaterials.com
This news release includes certain
forward-looking statements as well as management's objectives,
strategies, beliefs and intentions. Forward looking statements are
frequently identified by such words as "may", "will", "plan",
"expect", "anticipate", "estimate", "intend" and similar words
referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management.
All forward-looking information is inherently uncertain and subject
to a variety of assumptions, risks and uncertainties, including the
speculative nature of mineral exploration and development,
fluctuating commodity prices, the effectiveness and feasibility of
technologies which have not yet been tested or proven on a
commercial scale, competitive risks and the availability of
financing, as described in more detail in our recent securities
filings available at www.sedar.com. Actual events or results may
differ materially from those projected in the forward-looking
statements and we caution against placing undue reliance thereon.
We assume no obligation to revise or update these forward-looking
statements except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
NEO Battery Materials (TSXV:NBM)
過去 株価チャート
から 4 2024 まで 5 2024
NEO Battery Materials (TSXV:NBM)
過去 株価チャート
から 5 2023 まで 5 2024
