News Releases

Neo Materials Rare Earth Magnet Facility In Europe

Neo Launches Construction of Permanent Rare Earth Magnet Facility

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.

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Neo Normal Course Issuer Bid And Automatic Purchase Plan

Neo Performance Materials Inc. Announces Normal Course Issuer Bid and Automatic Purchase Plan for its Common Shares

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.

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