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TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : 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 announce the signing of a multi-year offtake agreement (the “Offtake”) and a Joint Development Agreement (the “JDA”) with a North American lithium-ion battery company specializing in performance-intensive, speciality applications, including unmanned systems (UAS), drones, and defense-related mobile systems (the “Customer”).
TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : 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.
TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : 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 announce that due to strong demand from institutional and strategic investors, the Company has upsized its previously announced non-brokered private placement (the “Offering”) for aggregate gross proceeds of $4,000,000 to approximately $5,500,000. The upsized Offering will comprise the sale of up to 10,784,313 units (each, a “Unit”) at a price of $0.51 per Unit.
TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : 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 announce that it has entered into a Letter of Intent (“LOI”) with a South Korean battery company to lease an operational, revenue-generating battery components manufacturing facility to initiate customized, high-performance battery production for the drone, unmanned aerial vehicle (UAV), robotics, electronics, automotive, and energy storage sectors. In connection, the Company intends to undertake a non-brokered private placement.
TORONTO, Sept. 12, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery materials and components developer that enables longer-running, rapid-charging batteries, is pleased to receive its first, multi-year purchase order valued at $4.5 million CAD and secure a Joint Development Agreement (“JDA”) for high-performance battery products with an Asian manufacturer specializing in AI-powered mission flight control systems for drones and unmanned aerial vehicles (UAV) (the “Customer”). NEO's silicon-enhanced battery products will deliver industry-leading capacities, safety-reinforced power output, and overall weight reduction to enhance flight time, payload capacity, and mission operability.
TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : NBM) (OTC: NBMFF), a low-cost silicon battery materials developer that enables longer-running, rapid-charging batteries, is pleased to initiate a new development program for high-performance lithium-ion batteries tailored for the growing drone and unmanned aerial vehicle (UAV) industry. The project leverages NEO's proprietary silicon battery materials, NBMSiDE® P-200 and P-300N, to resolve the primary limitation in drone technology – battery performance.
TORONTO, July 23, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that the Korean Intellectual Property Office (“KIPO”) has issued Notice of Allowances for two patents regarding the P-100 and P-200 silicon battery materials. NEO is in efforts to integrate the P-200 series for short-duration, high-capacity drone and defence-tech applications.
TORONTO, July 18, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (T S X V : NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the closing of the second and final tranche (the “Final Tranche”) of the oversubscribed, non-brokered private placement (the “Offering”) through the issuance of a further 1,400,000 units (each, a “Unit”) at a price of $0.50 CAD per Unit (the “Offering Price”) for gross proceeds of $700,000 CAD.
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