NEO Battery Materials Ltd. Appoints Chris Theodoropoulus to Advisory Board

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - NEO Battery Materials Ltd. (TSXV: NBM) ("NEO" or the "Company") is pleased to welcome Mr. Chris Theodoropoulus to its Advisory Board.

Mr. Theodoropoulus received his BCL and LLB degrees from McGill University in 1981 and 1982. He has practiced law in Vancouver, B.C. until 2006 with an emphasis on public companies, mergers and acquisitions, initial public offerings, secondary debt and equity financing, and dispute resolutions.

Mr. Theodoropoulus is the Founder and President of Dominion Goldfields Corporation, a private investment and precious metals royalty firm. In the period from 2006 to 2012, he served as the Chairman of Africo Resources Ltd., a company that was listed on the TSX until its privatization in 2016, and was involved in the exploration and development of a copper and cobalt deposit in the DRC.

In addition, during his tenure, he has served as a director of a number of technology and mining companies including Peer 1 Network Enterprises Inc., Norsat International Inc., Goldquest Mining Corp., Pediment Gold Corp., Ethos Capital Corp., and a number of other companies.

"On behalf of the board, I am pleased to welcome Mr. Chris Theodoropoulus as an advisory board member. Mr. Theodoropoulus brings in his vast expertise from the legal profession and Canadian capital markets. His decades of relevant experience in corporate and M&A transactions will benefit all of NEO's stakeholders. We are currently in the process of strengthening our management team to strategically move on to the next steps of our corporate objectives," commented Spencer Huh, President and CEO of NEO Battery Materials.

About NEO Battery Materials Ltd.

NEO Battery Materials Ltd. is a Vancouver-based junior resource company focused on battery metals exploration in North America. The Company has staked new mining claims in Golden, BC, along a strike with a quartzite bed, targeting silica in the quartzites for a total of 467 hectares. The Company focuses on exploring and producing silicon, which, when added to anode materials in the production of lithium-ion batteries, provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials. The Company intends to become an integrated silicon producer and anode materials supplier to the electric vehicle industry. For more information, please visit the Company's website at: https://www.neobatterymaterials.com/.

On behalf of the Board of Directors
Spencer Huh
President and CEO
604-697-2408
shuh@neobatterymaterials.com

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