NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that, effectively on November 24, 2023, the Company had closed the non-brokered private placement of 11,386,860 units (the “ Units ”) of the Company at the price of $0.32 CAD per Unit (the “ Offering Price ”) for gross proceeds of... Read More

Appointed Silicon Anode & All-Solid-State Battery Expert, Dr. Jae Ha Woo, as New Chief Science Officer High-Impact Research Leading to Major NASDAQ-Listed Battery Materials Company Licensing Dr. Woo’s Patented Technology Former Scientific Research Engineer at General Motors Global R&D Centre Development in Nanostructured Silicon Anode Materials with Artificial Solid Electrolyte Interphase, Battery Performance Optimization,... Read More

NBM Korea Co. Officially Certified as Innovation Growth Venture Enterprise under South Korea’s Ministry of SMEs and Startups Accepted into Most Stringent Classification Out of 4 Certification Categories Enables South Korean Institutional Investors to Participate in Financings Entitled to Receive Various Benefits from Tax Reduction, Financial Support & Technology Support Certified after Rigorous Monthslong Due Diligence with... Read More

NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the pricing of the non-brokered private placement (the “ Offering ”). NEO will issue a minimum of 12,187,500 up to a maximum of 15,625,000 units (the “ Units ”) of the Company at a price of $0.32 per Unit (the “ Offering Price ”) for... Read More

Temporary Trading Halt by TSXV as Normal Course of Action for Final Completion of Change of Business into Tier 2 Industrial, Technology, or Life Sciences Issuer TSXV to Issue Final COB Approval & Trading Resumption in Two (2) Business Days Following Completion of: Minimum $3.9M CAD COB Financing & Minor Compliance Items To Fulfill Requirements in an Expedient Manner to Align NEO with Current Business Focus on Battery... Read More

Negotiating with 3 EV Supply Chain Companies for Silicon Anode Bulk Orders R&D Centre Operating at Full Capacity from Sample Demand Upsurge & To Fill Sizeable Orders Sequentially Establishing Trilateral Research Collaboration with South Korean Research Institute & Prominent Engineering University 1) Research for Performance Enhancement, 2) Product Development & 3) Non-Dilutive Funding Applications Discussing with South... Read More

Initiated Relocation Process to R&D Expansion Facility – Gyeonggi Technopark Located in Ansan Science Valley Streamlined Workflow to Upsize Silicon Anode Production Capacity and Material Evaluation Pipeline To Hire Specialized Labor and to Install New Equipment for Accelerated Optimization Process Strategizing to Ink Multiple Joint Development and Collaboration Agreements with R&D Capacity Increase NEO Battery Materials Ltd.... Read More

Secured Additional Optimized Sample Order of Proprietary Silicon Anodes, NBMSiDE ® , by Global Battery Manufacturers & EV Automakers High Demand from EV Battery Supply Chain Players for More Sample Production Represents Initial and Mid-Stage Testing with European Battery Manufacturers and Premium Automaker Dr. S. G. Kim, Chief Technology Officer, Invited to Speak at K-Battery Show 2023 Lecture on “Increasing the Energy... Read More

Received First Purchase Order for 0.4 Metric Tonnes of Proprietary Silicon Anodes, NBMSiDE ® , by an Asian Chemical Material Company under NDA Order Received through South Korean Subsidiary, NBM Korea Co. Plans to Supply Over One (1) Year with Optimized Samples Large Volume Test for Purpose of Integrating NBMSiDE ® into Customer’s Battery Materials to Develop Composite Anode Materials Customer will Present Developed Products... Read More

TORONTO, Aug. 28, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Optimized Batch of NEO’s Proprietary Silicon Anodes, NBMSiDE ® , Sent for Battery Performance Evaluation & Characterization Continued Optimized Sample Delivery with Various EV Battery Supply Chain Companies Undergoing 20+ Active Material Evaluations with Global Battery Cell/Material Manufacturers, EV Automakers Effective Feedback Loop Established for Close... Read More

TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Collaboration Advancement through Product Portfolio Expansion – Carbon Nanotube (CNT) Nanocoatings for NEO’s Silicon Anode Materials To Offer Diverse Performance & Cost Offering Alongside Polymer Nanocoatings to Downstream Manufacturers Preliminary Evaluation of Mechanically Durable CNT Coating to Improve Silicon Battery Performance Project 2N-CSi –... Read More

TORONTO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Successfully Validated Performance Enhancement from Improved Uniform Nanocoating Innovation New Chemical Additives Introduced to Further Strengthen Uniform Coating Ability & Reliability on Silicon Particles Extends Silicon Battery Cycle Life by Effectively Controlling Volume Expansion Demonstrates Over 70% Increase in Cycle Life Improvement No Material... Read More

High Demand & Request from Global Battery Cell Manufacturers & EV Automakers for Solid-State Battery Compatible Silicon Anodes Forms Solid-State Battery R&D Task Force for Integration of Silicon Anodes into Solid-State Batteries Secures Top Battery Professional Talent for Solid-State Battery Research To Launch New Silicon Anode Product Line with Task Force NEO Battery Materials Ltd . (“ NEO ” or the “ C o mpan y ”), a... Read More

Selected Among 10 Recipients of the Intellectual Property Support Program Administered by Korea Invention Promotion Association Active Support to Secure Exclusive Rights and Patents with Pro-Bono Technology Consulting for Market Competitiveness and Growth Expanding IP Strategy through New Patents, PCT Application Support, and Increasing Collaborations with South Korean Battery Industry Players NEO Battery Materials Ltd. (“... Read More

Applied to Federal-Level Grant Focused on EV Battery Technology for Funding of CAD$ 1.5 Million To Subsequently Apply to Provincial and Federal Programs to Increase the Magnitude of Funding in Canada In Communication with Provincial Government and Municipalities to Discuss Economic Incentives, Non-Dilutive Project Financing Programs, and Other Pertinent Considerations for Canadian R&D Centre Establishment To Partner with... Read More

TORONTO, July 19, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Accepted into Expansion Facility for R&D Scale-Up Centre – Gyeonggi Technopark Located in Ansan Science Valley Satisfied All Pertinent Requirements to Acquire R&D Space within GTP ASV, an Innovation Cluster that Situates GTP, Will Aid R&D Support, Testing & Certification, Strategic Cooperation, Facilities & Equipment, and Education & Training ASV Members... Read More

To Upsize the R&D Scale-Up Centre to Accommodate the Increased Material Evaluation Pipeline and to Prepare for Pre-Commercialization Phase Larger-Scale Production and Greater Engineering Headcount Implemented to Realize R&D, Commercial Plant, and Advanced Agreement Milestones Applied to Gyeonggi Technopark for Expansion Space through MOU with Gyeonggi Province To Hire At Least 5 Masters or Ph.D. Engineering Professionals to... Read More

Appointed Dr. Luc C. Duchesne, Ph.D., as VP of Government Relations to Initiate Canada Expansion Strategy Funded by Federal and Provincial Grant and Non-Dilutive Financing Programs Extensive Record in Grant Applications, Public-Private Partnerships, and Business Operations in Pharmaceutical, Energy, and Mining Establishing Ontario R&D Centre for Silicon Anode Production & Ease of Access to North American Global Battery... Read More

NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that the Company has recently conducted an internal feasibility study (the “Study”) of its Silicon Anode Commercial Plant in South Korea. The preliminary assessment has yielded robust economics and high profitability for NEO’s... Read More

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- ( T S X V : NBM ) ( OTCQB: NBMFF ) Entered Into Binding Agreement with Preferred Contractor for South Korean Commercial Plant To Initiate Ground Break in August 2023 with Targeted Completion by First Half of 2024 for Plant Commissioning and Mass Production Validation Initial Capacity of 240 Tons Per Year with Final Scale-Up to 5,000 Tons Per Year Will Supply Up to 3 Million EVs... Read More

NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation, it has engaged Generation IACP Inc. (“ Generation ”) to provide market making services with the objective of... Read More

TORONTO, June 30, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces a financing to raise a minimum of $3.9 million CAD in connection with the Change of Business (“ COB ”) into an Industrial, Technology, or Life Sciences Tier 2 Issuer. The... Read More

VANCOUVER, British Columbia, May 19, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Designated Preferred Contractor for South Korean Commercial Plant To Commence Final Negotiations Regarding Estimate Details, Construction Timeline, Material Procurement, and Other Considerations To Initiate Construction Upon Finalization... Read More

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Signed Over 10 NDAs that Include Global-Tier Battery Cell Manufacturers and EV Automakers through Interest in Uniform Nanocoating Capability To Conduct Additional Product Evaluation with Optimized Silicon Anodes in Larger Battery Cell Formats Two Patents Filed Regarding Silicon Anode Material Properties and Manufacturing Processes... Read More

VANCOUVER, British Columbia, April 18, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Significant Technology Milestone of Uniform Nanocoating Capability on Silicon Anodes Robustness and Nanocoating Thickness Control Effectively Increases Battery Run-Time and Cuts Down Charging Time for EVs To File Additional Patents... Read More

VANCOUVER, British Columbia, April 10, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Files 6 th Patent to Korean Intellectual Property Office for One-Step Nanocoating Technology for Silicon Anodes Ongoing Commitment to Strengthen IP Portfolio and Protect Unique Battery Engineering and Technology Solution Expected to File Multiple Patents on Materials and Manufacturing Process in First Half of 2023 Completed RFQ Process... Read More

In Discussion with 3 Contractors for RFQ in 2 Weeks & Will Select Best Contractor Based on Critical Procurement Factors Additional Material Evaluation with Further-Enhanced Silicon Anodes with 3 US-Based Battery Cell Manufacturers Including a Solid-State Battery Developer Engaged with Working Partners to Carry Forward Collaborative Ventures in Domestic and International Markets Final Stages of Securing Prominent U.S. VC... Read More

NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces that Chief Executive Officer Spencer Huh and Corporate Development Manager Danny Huh will participate in the Electric Vehicle & Auto Tech Virtual Conference, presented by Maxim Group and hosted by M-Vest, on Thursday, March 30, 2023. Both will... Read More

Incorporated NEO Battery Materials America LLC in the State of Delaware Management to Visit Ohio, Kentucky, and New York City to Build Business Relationships with Battery Industry Players, Governmental Organizations, and Prominent VC Funds for Silicon Anode Venture To Participate in South Korea’s Leading Battery Trade Show – InterBattery 2023 Samsung SDI, LG Energy Solution, and SK On to Participate This Year NEO Battery... Read More

VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Appointed Dr. S. G. Kim, a Silicon/Polymer Material and Chemical Technology Development Expert, as Chief Technology Officer Former Executive Vice President and Head of R&D of Hanwha Solutions, a South Korean Chemical Manufacturing Conglomerate with $10B in Sales and $8B Market Capitalization Held Previous Executive Level Leadership... Read More

VANCOUVER, British Columbia, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Letter of Intent with Top U.S. University Spin-Out Developer of Robust, Durable Polymer Electrolytes for Silicon Anode Optimization Purpose: Enhance Silicon Cycling Performance through Developer’s Novel Technology that Fortifies Mechanical Durability and Safety Features Potential for NEO’s Silicon Anode to be Used in Various Energy Storage Applications through... Read More

VANCOUVER, British Columbia, Feb. 22, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to provide the voting results of the Company’s Annual General and Special Meeting held on February 21, 2023. The details of the voting results are included... Read More

VANCOUVER, British Columbia, Feb. 21, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Engaged and Discussed with Ohio’s Business and Economic Development Organizations for U.S. EV Battery Industry Expansion Will Cooperate for Site Selection, State-Level Funding, and Resource Access To Establish Ohio R&D Center to Expedite Timeline for Joint Venture Opportunities Rigorous Testing Efforts with NDA Partners & Additional... Read More

Granted 1,300,000 Incentive Stock Options to Researchers and Commercialization Engineers at Exercise Price of $0.40 Based on Milestone Contracts with Global Battery Industry Players, Options Will Follow an Accelerated Vesting Schedule Plans to Appoint Chief Technology Officer and PhD-Level Engineer to Support Optimization & Prepare for Collaborative Work with NDA Partners Improve Silicon Anode Performance and On-Track with... Read More

Signed Collaboration Agreement with NanoRial Technologies Ltd., a Developer of Well-Dispersed Carbon Nanotubes (CNT) for Lithium-Ion Battery Performance Improvement Purpose to Optimize Performance of NEO’s Silicon Anode Materials with CNT as Effective Nanocoating Materials Intend to Jointly Apply to Canadian Governmental, Non-Dilutive Funding Programs NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon... Read More

Appointed Lithium-Ion Battery Expert, Dr. Basudev Swain, as Chief Science Officer Expertise Will Complement Silicon Anode Commercial Plant Progress and Optimization of Material Performance and Production Process Served Integral Research and Project Management Roles with Commercialization of Mass Production Systems and Battery Materials Based Projects for More Than 20 Years Will Aid in Silicon Waste Recycling as Value-Added... Read More

Under Process to Establish NBM America Ltd. in Ohio for U.S. Business Expansion To Initiate Active Business Development for Core Silicon Anode Business and Add Value-Enhancing Projects in Battery Materials Industry To Support Closer Interaction with U.S.-Based NDA Parties for Business Activities and Collaboration To Secure State and Federal-Level Funding Opportunities from IRA/DOE and Access Large Pool of Venture Capital... Read More

Approval of Construction Permit for Silicon Anode Commercial Plant in Oseong Foreign Investment Zone, Pyeongtaek City Actively Engaged in Discussions to Secure Reliable, Long-Term Investors for Strategic Investments Ideal Strategic Investors to Cooperate with NEO to Expand Business Initiatives Targeting Non-Dilutive Funding Opportunities from South Korean Governments’ Green and Clean Technology Policies NEO Battery Materials... Read More

VANCOUVER, British Columbia, Dec. 29, 2022 (GLOBE NEWSWIRE) -- ( T S X V : NBM ) ( OTCQB: NBMFF ) MOU with an Asia-Based Recycler of Silicon By-Product Waste from Solar and Semiconductor Manufacturing into High-Purity Silicon Powder Due to Strategic Reasons and Sensitive Nature of Information, Recycler Will Remain Confidential until Disclosed Potential to Reduce Silicon Input Price by Up to 40% and Secure Long-Term,... Read More

In Due Diligence Period with Pyeongtaek City’s Relevant Departments and Officials for Silicon Anode Commercial Plant Construction Approval Expecting Permit Approval Middle to End of January 2023 Initiated Discussion with South Korean Financial Institutions and Banks for Strategic Debt Financing at Low Interest Rates for Construction and Equipment Actively Exploring Non-Dilutive Funding Options through South Korean Government... Read More

Investor Update Webinar on Tuesday January 3 rd , 2023, at 5:00 PM PT/8:00 PM ET Discussion on: Commercialization/Collaboration Pathways, Silicon Anode Technical Improvements, Commercial Plant Construction & R&D Scale-Up Centre Activities NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”), a low-cost developer of silicon anode materials that enable longer-running, rapid-charging lithium-ion batteries, is pleased to... Read More

VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Submitted Construction Permit Application for Silicon Anode Commercial Plant to Pyeongtaek City, Gyeonggi Province Will Begin Initial Groundwork/Site Clearance, Basic Civil Engineering Work, and Bidding from Contractors Upon Permit Approval in 1 Month NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”) is a low-cost developer of... Read More

VANCOUVER, British Columbia, Nov. 23, 2022 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF) Received TSXV Conditional Approval for Proposed Change of Business into Industrial, Technology, or Life Sciences Tier 2 Issuer Will Require TSXV Review and Approval, Shareholders’ Approval, and Additional Conditions Met for Completion of Change of Business Annual General and Special Meeting to Be Announced in Subsequent News Release NEO... Read More

Successfully Installed Additional Equipment to Step-Up Mass Production Process and Product Optimization Preparing New and Additional Material Evaluation of Further-Optimized Silicon Anodes by NDA Partners in South Korea, the U.S., and Europe Additional Product Series Development with Graphite and CNT Composite Anodes Late Stages of Commercial Plant Design for Initial Construction Stage NEO Battery Materials Ltd . (“ NEO ” or... Read More

South Korean Subsidiary, NBM Korea Co., Ltd., Closed Series A $3 Million CAD Strategic Investment from South Korean Automotive Parts Manufacturer, Automobile & PCB Inc. (“A&P”) on July 1, 2022 In Process of Change of Business Application to Tier 2 Industrial, Technology, or Life Sciences Issuer with TSXV Exchange NEO Battery Materials Ltd. (“ NEO ” or the “ C o mpan y ”) announces that the Company’s South Korean subsidiary,... Read More

Attaining In-House Coin Full Cell Producing Capability for NBMSiDE™ Optimization at R&D Scale-Up Centre Able to Independently Produce Coin Full Cells to Realize Time and Cost-Saving Efficiencies for Product Optimization On-Going NBMSiDE™ Sample Evaluation and Optimization with Battery Cell Manufacturers Increased Cell Format and Capacity Testing with Global Non-Asian Battery Manufacturer Developing New Carbon Nanotube... Read More

Initiated Detailed Design of the Silicon Anode Commercial Plant and Completed Basic Manufacturing Design in July 2022 Under Process of Selecting Verified Equipment Manufacturers for Long-Lead Item Procurement & Detailed Design Cooperating with Gyeonggi Provincial Government to Receive Construction-Related Permits to Commence Groundwork Filed Key Silicon Anode Material Technology PCT Patent for International Protection... Read More

South Korean Subsidiary, NBM Korea Co., Ltd., to Receive Series A $3 Million CAD Strategic Investment from South Korean Automotive Parts Manufacturer, Automobile & PCB Inc. ("A&P"), for 40% Stake Active Cooperation Regarding Silicon Anode Commercialization Effort, Mass Production Facility Construction, Network Expansion, and... Read More

Collaboration Agreement to Advance NEO’s Patent Pending Carbon Nanotube (CNT) Coating Technology for Silicon Anode Materials with Applied Carbon Nano Technology Ltd. High Mechanical Endurance of CNT Can Help with Silicon’s Volume Expansion Problem CNT Market Expected to Reach $10.7B by 2028, Growing at 10.8% CAGR Applied Carbon Nano Technology Inc. Focuses on Developing and Commercializing CNT Products with Expertise in EV... Read More

MOU to Jointly Pursue Strategic Investments through NBM Korea Co. with South Korean Automotive Parts Manufacturer, Automobile & PCB Inc. (“A&P”) Intention to Cooperate with Strategic Financing, Silicon Anode Commercialization Effort, and Global Business Network Expansion Yongsan, A&P’s related company, generated CAD $600M in annual revenues and directly supplies to Hyundai, Kia Motors, and BYD Auto NEO Battery Materials to... Read More

NEO Battery Materials Ltd. ( TSXV: NBM ) ( OTCQB: NBMFF ) (" NEO " or the " Company ") is pleased to announce that the Company has signed a Memorandum of Understanding (" MOU ") with the Province of Gyeonggi (" Gyeonggi-do " or the " Province ") on May 30 th . The MOU establishes grounds for investments and cooperation between... Read More

NEO Battery Materials Ltd. ( T S X V : NBM ) ( OTCQB: NBMFF ) (“ NEO ” or the “ C o mpan y ”) is pleased to announce that Plug and Play Tech Center (“ Plug and Play ” or “ PNP ”) has exclusively invited NEO to present its Electric Vehicle Silicon Anode Commercialization Plan at the 2022 Annual Japan & Korea Pitch Session. The Company will be hosting an investor webinar on Tuesday, May 3 rd at 6 pm PT/9 pm ET (Wednesday, May... Read More

NEO Battery Materials Ltd. ( T S X V : NBM ) ( OTCQB: NBMFF ) (“ NEO ” or the “ C o m pan y ”) is pleased to announce that the Company, given its change of focus from battery mineral exploration to battery technology, is proceeding with a “change of business” application with the TSX Venture Exchange (the “ Exchange ”). With the planned construction of the Company’s Commercial Plant, that will be capable of producing an... Read More

NEO Battery Materials Ltd. ( TSXV: NBM ) ( OTCQB: NBMFF ) (" NEO " or the " Company ") is pleased to announce that NBMSiDE™ pouch-type full cells have been manufactured to evaluate product performance, viability, and durability in genuine battery charging conditions. The Kick-Off Meeting for NBM Silicon Anode Plant Project has... Read More

NEO Battery Materials Ltd. ( T S X V : NBM ) ( OTCQB: NBMFF ) (“ NEO ” or the “ C o m pan y ”) is pleased to provide corporate updates on InterBattery 2022, full cell testing updates with high energy capacity NBMSiDE™, and the near completion of NEO’s R&D Scale-Up Centre for continuous sample manufacturing. InterBattery 2022... Read More