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’s inaugural 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.
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.
Financial Results Filings
Neo issued this press release at the request of the Ontario Securities Commission to clarify the technical information contained in its press release dated August 22, 2022.
Neo has entered into an agreement with Paradigm Capital Inc., on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 4,500,000 common shares at an offering price of $15.00 per Common Share for gross proceeds of approximately $67.5 million.
Hudson Resources and Neo Performance Materials sign agreement on the Sarfartoq Rare Earth Element Project In Greenland.
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.