Neo Performance Materials Announces $79 Million Bought Deal Secondary Offering of Common Shares
Neo Performance Materials announces $79 Million bought deal secondary offering of common shares.
Neo Performance Materials announces $79 Million bought deal secondary offering of common shares.
Andrew Bell, host of BNN/Bloomberg’s “Commodities” news show, today interviewed Constantine Karayannopoulos, Chief Executive Officer of Neo Performance Materials on the Company’s unique position in the rare earth industry and its strategies for growth as a supplier of critical rare earth materials to technologies that advance sustainability goals.
Q4 2020 Highlights (unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars) Q4 2020 revenue of $110.4
Neo Performance Materials and Energy Fuels are pleased to announce a new rare earth production initiative spanning European and North American critical material supply chains.
Neo is pleased to announce that it and funds managed by Oaktree Capital Management, L.P. have entered into an agreement with Paradigm Capital Inc., on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, from the Selling Shareholders 4,500,000 common shares of the Company at a price of $15.75 per Common Share.
Neo is pleased to announce the completion of its previously announced secondary offering of an aggregate of 3,932,500 Common Shares at a price of $12.10 per share for total gross proceeds to the Selling Shareholders of approximately $47.6 million.
TORONTO, November 2, 2020: Neo Performance Materials Inc. (“Neo”, the “Company”) (TSX:NEO) will report its third-quarter results for the period ended September 30, 2020, before
Neo Performance Materials (TSX:NEO) released its first quarter 2020 financial results.
Neo Performance Materials released its fourth quarter 2019 financial results.
Neo Performance Materials is pleased to announce that its Neo Magnequench facility in Tianjin, China has been named as a “Top 100” manufacturing enterprise in Tianjin by the Tianjin Enterprise Association.