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NEO BATTERY MATLS LTD - NBMFF STOCK NEWS

Welcome to our dedicated news page for NEO BATTERY MATLS (Ticker: NBMFF), a resource for investors and traders seeking the latest updates and insights on NEO BATTERY MATLS.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NEO BATTERY MATLS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NEO BATTERY MATLS's position in the market.

Rhea-AI Summary
NEO Battery Materials Ltd. (NBM) closed a non-brokered private placement, raising $3,643,795.20 CAD through the sale of 11,386,860 units at $0.32 CAD per unit. Each unit includes one common share and one warrant. The company plans to utilize the proceeds to expand manufacturing capacity and research engineering headcount for its proprietary silicon anodes, NBMSiDE®, to meet the increasing demand from the global electric vehicle industry. The offering is subject to final acceptance from the TSXV.
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NEO Battery Materials Ltd. has appointed Dr. Jae Ha Woo as the new Chief Science Officer. Dr. Woo is an expert in lithium-ion battery electrode materials and all-solid-state batteries. His research has led to a major battery materials company licensing his patented technology. The company also announced the appointment of Danny Huh as Senior Vice President of Strategy and Operations and the resignation of Dr. J. H. Park as director.
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NEO Battery Materials announces that NBM Korea Co. has been officially certified as an Innovation Growth Venture Enterprise under South Korea's Ministry of SMEs and Startups. This certification allows NBMK to receive various benefits such as tax reduction, financial support, and technology support. It also enables South Korean institutional investors to participate in financings.
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NEO Battery Materials announces pricing of non-brokered private placement
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Temporary trading halt by TSXV for completion of Change of Business (COB) into Tier 2 Industrial, Technology, or Life Sciences Issuer. Minimum $3.9M CAD COB financing required. NEO to be listed as Tier 2 Technology Issuer. Enhances visibility and clarity for investors.
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NEO Battery Materials Ltd. is negotiating with 3 EV supply chain companies for additional bulk orders of silicon anode materials, due to a demand upsurge. The R&D Centre is operating at full capacity to fill sizeable orders. The company is also establishing a trilateral research collaboration with a South Korean research institute and engineering university to enhance performance, develop new products, and secure non-dilutive funding. Discussions for grants with a South Korean provincial government are also underway.
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3.91%
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NEO Battery Materials Ltd. is relocating to Gyeonggi Technopark to expand its production and R&D capacity. The company plans to hire specialized labor and install new equipment to increase its silicon anode production capacity. They are also seeking joint development and collaboration agreements with battery supply chain companies. Demand for their silicon anode technology has increased.
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-2.61%
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NEO Battery Materials Ltd. secures additional optimized sample orders of proprietary silicon anodes, NBMSiDE®, from global battery manufacturers & EV automakers. High demand from EV battery supply chain players. Initial and mid-stage testing with European battery manufacturers and a premium automaker. Dr. S. G. Kim, CTO of NEO, invited to speak at K-Battery Show 2023. Plans to establish relationships for collaborative opportunities.
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3.13%
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NEO Battery Materials receives first purchase order for silicon anode materials, plans to secure additional bulk sample orders
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3.54%
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NEO Battery Materials receives first purchase order for 0.4 metric tonnes of NBMSiDE® from an Asian chemical material company, plans to supply over one year for integration into customer's battery materials.
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NEO BATTERY MATLS LTD

OTC:NBMFF

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NBMFF Stock Data

21.81M
107.21M
7.85%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Toronto