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.
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.
Neo is pleased to announce that its high-purity heavy rare earth separations facility in Jiangyin (JAMR), China has reopened for full operations after being shut down for 12 days following a government-mandated and city-wide lockdown order.
Neo Performance Materials reports record first quarter 2022 results.
Neo reported strong year-over-year gains in revenue, volumes, operating income, Adjusted EBITDA, and profitability in the year ended December 31, 2021.
A joint communiqué has been issued in support of expanding valued-added rare earth product manufacturing in Estonia.
Neo Performance Materials Announces $87.5 Million Bought Deal Treasury and Secondary Offering of Common Shares
Neo Performance Materials Inc. (TSX: NEO) released its second-quarter 2021 financial results, reporting a record $135.1 million of revenue with very strong profitability.
Neo announced 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 2,111,758 of its issued and outstanding common shares.
Neo Performance Materials announces $79 Million bought deal secondary offering of common shares.
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