Neo Performance Materials Inc. announced today that the Board of Directors of the Company has approved the adoption of a shareholder rights plan pursuant to a shareholder rights plan agreement.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, Canada, September 16, 2022 – Neo Performance Materials Inc.
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.
Neo has entered into a loan agreement with Export Development Canada for a term loan of up to US$75 million to finance the relocation, expansion, and sustainability upgrades to one of its environmental emissions catalyst manufacturing facilities.
Neo Performance Materials (TSX:NEO) reports record second quarter 2022 results.
Neo Performance Materials will report its second-quarter results for the period ended June 30, 2022, before the Toronto market opens on Friday, August 12, 2022.
Neo reports that the nominees listed in the management information circular dated May 16, 2022, for the 2022 Annual Meeting of Shareholders were elected as directors of the Company