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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Neo Performance Materials to Invest in Singapore Entity

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.

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Neo Performance Materials Announces Second Quarter 2020 Earnings Release

Neo Announces Voting Results at AGM

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.

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