NEO Battery Materials Announces Pricing of Non-Brokered LIFE Private Placement
TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
- TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
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 the pricing of the non-brokered private placement (the “Offering”). - Pursuant to the Listed Issuer Financing Exemption, the Units offered will be immediately freely tradeable, not subject to a hold period in accordance with applicable Canadian securities law.
- Each Unit shall consist of one common share of the Company (each, a “Common Share”) and one non-transferable Common Share purchase warrant (each, a “Warrant”).
- There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and at www.neobatterymaterials.com .