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NEO Battery Closes Upsized Non-Brokered Private Placement Offering of $5.5 Million
Globenewswire· 2025-09-29 12:30
TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to close its upsized non-brokered private placement (the “Offering”) through the issuance of 10,785,836 units (each, a “Unit”) at a price of $0.51 CAD per Unit for aggregate gross proceeds of approximately $5,500,000. Each Unit consists of ...