NEO Battery Materials Announces Series A $3 Million CAD Strategic Investment from Automobile & PCB Inc. into South Korean Subsidiary, NBM Korea Co., for First Phase of Commercial Plant Project
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% StakeActive Cooperation Regarding Silicon Anode Commercialization Effort, Mass Production Facility Construction, Network Expansion, and Other Joint ProjectsParent Company, NEO Battery Materials Ltd., Protected from Shareholder Dilution as No Common Shares or Warrants IssuedNBM Korea in Discussion with South Korean Financial Institutions for Next Debt or Equipment Purchase Financing to Advance Commercial...
2022-06-30 9:00 AM EDT
NEO Battery Materials Signs MOU with the Province of Gyeonggi for Advancement of Silicon Anode Commercial Plant
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2022) - 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 30th. The MOU establishes grounds for investments and cooperation between NEO and Gyeonggi-do to advance the mass production of silicon anode materials for electric vehicle (EV) batteries.
2022-05-30 9:00 AM EDT
NEO Battery Materials Manufactures Pouch-Type Full Cell for Product Evaluation and Convenes NBMSiDE(TM) Commercial Plant Kick-Off Meeting
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - 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 additionally been convened with the engineering design company to streamline terms and efforts for fast-track construction completion.Pouch-Type Full Cell Manufacturing Completion and Performance Testing...
2022-04-05 9:00 AM EDT
NEO Battery Materials Receives Final Site Approval for Land Use of 106,700 Square Feet for NBMSiDE Commercial Plant Facility by Gyeonggi-do, the Largest Economic Province in South Korea
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2022) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is extremely pleased to announce that the Company has successfully received the final site approval by the Province of Gyeonggi ("Gyeonggi-do" or the "Province") to construct the commercial plant facility of NEO's patented silicon anode materials, NBMSiDE, for electric vehicle lithium-ion batteries.Through NEO Battery Materials Korea Co., Ltd. ("NBM Korea"), a wholly-owned subsidiary of NEO, the Company secured land...
2022-01-26 8:40 AM EST
NEO Battery Materials Builds NBM Korea R&D Scale-Up Centre in South Korea's Yonsei University
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2022) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has established and built its R&D Scale-Up Centre at the Yonsei University of South Korea through NEO Battery Materials Korea Co., Ltd. ("NBM Korea"), a wholly owned subsidiary of the Company. NEO and Yonsei University entered into a Collaborative Development Agreement in May of 2021 for the development and commercialization of the...
2022-01-06 9:15 AM EST
NEO Battery Materials Provides Review and Highlights of 2021
Vancouver, British Columbia--(Newsfile Corp. - December 30, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to share a review of 2021 related to the advancement of the Company's patented and proprietary silicon anode active materials for electric vehicle lithium-ion batteries.Overview of NEO Battery Materials Ltd.NEO Battery Materials Ltd. is a company that focuses on the anode material of the 4 core battery materials: 1) Anode, 2) Cathode, 3) Separator, and 4) Electrolyte....
2021-12-30 9:00 AM EST
Korean Intellectual Property Office Issues Core Patent for NEO Battery Materials' Silicon Anodes for High Performance Lithium-Ion Batteries
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Korean Intellectual Property Office ("KIPO") has issued a core patent of NEO's silicon (Si) anode material technology following the Notice of Allowance announcement made on November 18, 2021.Mr. Spencer Huh, President and CEO, commented, "We are glad to announce that the KIPO has issued one of the core patents related to NEO's low-cost,...
2021-12-24 9:15 AM EST
NEO Battery Materials Announces the Launch of 3 Silicon Anode Material Products "NBMSiDE" for High Performance Lithium-Ion Batteries
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has launched 3 types of silicon (Si) anode active materials, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100, and is on schedule to target the semi-commercial scale production of these materials by the end of 2022.
2021-12-06 9:00 AM EST
NEO Battery Materials Appoints Lithium-Ion Battery Binder and Polymer Technology Expert, Dr. Byeong-Su Kim, to Scientific Advisory Board
Vancouver, British Columbia--(Newsfile Corp. - November 23, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has appointed Dr. Byeong-Su Kim to the Scientific Advisory Board. His research and expertise are with polymer materials with an emphasis on lithium-ion battery binder technologies, synthesis of functional polyethers and polymeric therapeutics, and smart hybrid nanomaterials.Dr. Kim retains a total of 162 publications with over a total of 10,000 citations and...
2021-11-23 9:15 AM EST
NEO Battery Materials Receives Approval of a Core Patent from the Korean Intellectual Property Office
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has received a Notice of Allowance from the Korean Intellectual Property Office ("KIPO") regarding a core patent of NEO's silicon (Si) anode material technology since the application made in November 2020. The KIPO has determined that the core patent should be registered and will shortly issue the requested patent upon the completion...
2021-11-18 9:00 AM EST
NEO Battery Materials Announces Research Consortium LOI with the University of Toronto and an Undisclosed Global OEM for R&D and Scale-Up of EV Battery Materials
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has signed a letter of intent ("LOI") to form a research consortium with the University of Toronto and an undisclosed global OEM (Original Equipment Manufacturer) for the development and scale-up of lithium-ion battery material technologies for Canada's emerging battery electric vehicle (BEV) industry.As a part of this LOI, a joint NSERC (Natural...
2021-11-16 2:00 PM EST
NEO Battery Materials Appoints Dr. Dongmok Whang, Expert in Low-Dimensional Nanomaterials and Graphene, to Scientific Advisory Board
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has appointed Dr. Dongmok Whang to the Scientific Advisory Board. His research expertise lies in the field of fabrication and manufacturing of low-dimensional nanomaterials, especially graphene, semiconductor nanowires, and porous nanostructures for applications in electric vehicle lithium-ion batteries, fuel cells, and various energy storage solutions. Dr. Whang owns more than 50 patents,...
2021-11-10 9:00 AM EST
NEO Battery Materials Accomplishes Anode Production Capacity Upscaling Project
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce the Company has successfully completed the Silicon (Si) Anode Production Capacity Upscaling Project (or "Project") over the past three months.From the initial production rate of several grams per hour for manufacturing silicon anode materials at the lab-scale, NEO's engineering team has accomplished to expand the rate to a level of several kilograms per hour. This...
2021-11-04 9:15 AM EDT
NEO Battery Materials Appoints University of Toronto Professors Dr. Mohini Sain and Dr. Ning Yan to Scientific Advisory Board
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has appointed Dr. Mohini Sain and Dr. Ning Yan of the University of Toronto to the Scientific Advisory Board.About Dr. Mohini SainDr. Mohini Sain is an expert in the field of bionanotechnology, low carbon functional materials and next-generation low carbon transportation. Dr. Sain's reputation for research and development excellence in the automotive...
2021-10-29 9:00 AM EDT
NEO Battery Materials Announces Successful Completion of Semi-Commercial Plant Conceptual Design and Initiates Engineering EPC Stage for Construction
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has successfully completed the conceptual design of its semi-commercial plant facility and is now entering the initial EPC (Engineering, Procurement, and Construction) stage for the construction of the facility in South Korea.Mr. Spencer Huh, President and CEO of NEO, commented, "We are extremely pleased to announce that the conceptual design of...
2021-10-26 9:30 AM EDT
NEO Battery Materials Secures Silicon Anode Material Transfer Agreements
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the Company has secured material transfer agreements ("MTA") with working parties for the purpose of upscaled evaluations of NEO's silicon anode active materials applied towards high-power lithium-ion batteries and efficient electrode manufacturing processes. The MTA constitutes the transfer of materials between the parties and provides stringent clauses for the protection of NEO's proprietary technology.Mr....
2021-10-13 9:45 AM EDT
NEO Battery Materials Provides Corporate Updates on South Korean Subsidiary
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to provide the following updates on its initial process of incorporating its South Korean subsidiary, NEO Battery Materials Korea.NEO Battery Materials KoreaNEO is currently under the process of establishing its South Korean subsidiary, incorporating under the name of NEO Battery Materials Korea (or "NBM Korea"). The subsidiary will allow for a wider and aggressive marketability of NEO's...
2021-09-28 9:15 AM EDT
NEO Battery Materials Completes Semi-Commercial Plant Facility Due Diligence
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that the third-party engineering consulting firm has completed its due diligence for the selected semi-commercial facility in South Korea. The Company will receive the comprehensive report in the next week to finalize the decision regarding the site.Mr. Spencer Huh, President and CEO of NEO, commented, "As we have successfully completed the due diligence with the...
2021-09-20 9:15 AM EDT
Breakthrough Cycling Performance on All-Solid-State Electrolyte Batteries with NEO's Metallurgical-Grade Silicon Microparticle Anodes
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that NEO's metallurgical-grade silicon (Si) microparticle anode materials have achieved exceptional stability and breakthrough cycling performance with an all-solid-state electrolyte compared to the cells of conventional liquid electrolytes. NEO's low-cost, metallurgical-grade silicon particles of micron-size were able to sustain its original specific capacity of 3000 mAh/g without major capacity loss or performance degradation in the...
2021-09-14 9:40 AM EDT
NEO Battery Materials Receives DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - September 8, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) ("NEO" or the "Company") is pleased to announce that it has received Depository Trust Company ("DTC") eligibility on the common shares of the Company with CUSIP 60908A100. DTC eligibility will enable an accelerated settlement process and NEO's shares to be economically transferred between brokerage accounts electronically within the United States.Mr. Spencer Huh, President and CEO of NEO, commented, "Along with listing to the...
2021-09-08 9:00 AM EDT