News Releases

Neo Performance Materials Announces $70.9 Million Bought Deal Secondary Offering of Common Shares

Neo is pleased to announce that it and funds managed by Oaktree Capital Management, L.P. have 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, from the Selling Shareholders 4,500,000 common shares of the Company at a price of $15.75 per Common Share.

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Ali Mahdavi
Investor Relations
(416) 962-3300
ir@neomaterials.com

Jim Sims
Media Relations
(303) 503-6203
media@neomaterials.com

 

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