Neo Performance Materials Inc. (TSX: NEO) released its second quarter 2023 financial results.
Neo Performance Materials will report its second-quarter results for the period ended June 30, 2023 before the Toronto market opens on Friday, August 11, 2023.
Neo Magnequench, a division of Neo Performance Materials Inc. (“Neo” or the “Company”) (TSX: NEO), is pleased to announce the launch of its new first rare earth magnet manufacturing facility in Europe. Based in Narva, Estonia, the plant expects to support the development of about 1.5 million electric cars by 2025. Additional applications include wind turbine manufacturing and other clean transportation, and energy solutions.
Neo Performance Materials (TSX: NEO) announced today that the Toronto Stock Exchange has accepted a notice filed by Neo of its intention to make a Normal Course Issuer Bid for up to 3,585,011 of its issued and outstanding common shares. In connection with the Bid, the Company has entered into an automatic share purchase plan with its designated broker to allow for purchases of its Shares.
Hastings Technology Metals and Neo Performance Materials sign a non-binding Heads of Agreement, outlining the framework for the parties to negotiate a binding commercial offtake agreement for the supply of rare earth concentrate from Stage 1 of the Yangibana Rare Earths Project.
Neo Performance Materials (TSX: NEO) has entered into a subscription agreement providing for the purchase of up to US$84.7 million of ordinary and preference shares of its wholly-owned direct subsidiary, Magnet Ventures Pte Ltd. over the course of several tranches, and subject to certain conditions precedent.
Neo Performance Materials Inc. (TSX: NEO) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 25, 2023 for the Annual General and Special Meeting of Shareholders were elected as directors of the Company.
The two leading independent proxy voting and corporate governance advisory firms – Institutional Shareholder Services and Glass Lewis – have recommended that shareholders vote FOR all the resolutions put forth by Neo’s Board of Directors at the upcoming annual and general meeting of shareholders on June 8, 2023.