Neo Performance Materials Inc. is listed on the Toronto Stock Exchange under the ticker symbol “NEO.” A profitable, dividend-paying company with a strong balance sheet and robust cash-flow generation, Neo is well positioned in markets that are forecast to see robust, long-term growth driven by multiple global macro trends. These trends include vehicle electrification, industrial automation, consumer electronics, energy efficient lighting, air and water pollution control, and greater use of superalloys.
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.
Sustainability is not a buzzword at Neo. It is part of the DNA of our Company. Our advanced industrial materials are critical to technologies that reduce air and water pollution, achieve better fuel economy, increase energy efficiency, and reduce greenhouse gases and other air emissions. We also work hard to manufacture our products using sustainable practices that reduce environmental impacts throughout our supply chain. See examples of our commitment to sustainability in this video.
Sustainability Report provides details on the Company’s environmental, social, and governance performance in 2021. The Report also launches a formal reporting process that helps to explain and document Neo’s ongoing efforts to help fast-forward the world’s transition to a more sustainable and less carbon-centric future.eo’s inaugural
The report also highlights the many examples of how Neo’s rare earth and rare metal-based products are critical to the performance of many everyday and emerging products and technologies that advance sustainability and environmental protection.
Neo Performance Materials conducted its 2023 Annual General and Special Meeting of shareholders at 5300 Commerce Court West, 199 Bay Street, Toronto, Ontario, on Thursday, June 8, 2023, at 4:00 p.m. (Toronto time). Documents related to the meeting can be downloaded below: