Neo Performance Materials Inc NOPMF

Primary Symbol: T.NEO

Chemicals Specialty Chemicals

Neo Performance Materials Inc. is a Canada-based company that provides advanced industrial materials, rare earth magnetic powders and magnets, specialty chemicals, metals, and alloys. The Company's business segments include Magnequench, Chemicals and Oxides (C&O) and Rare Metals (RM). The Magnequench segment production of permanent magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron (NdFeB or neo) magnets. The C&O segment manufactures and distributes a broad range of advanced industrial materials. The RM segment sources, reclaims, produces, refines, and markets specialty metals and their compounds. These products include both high-temperature metals (tantalum, niobium, hafnium and rhenium) and electronic metals (gallium and indium). These powders and bonded permanent magnets are used in motors, which are used in various automotive applications for hybrid, electric and internal combustion engine vehicles, and micro motors for household applications.

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Neo Performance Materials Inc > More HELP!!! please

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Post by templetooth2on Jun 14, 2024 10:44am

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Post# 36089124

More HELP!!! please

Why would you appoint a new board member 5 days or so before your AGM???

This reeks of last-minute thinking. Or panic. Or something.

Does this mean that the company will need to hold a special meeting for shareholders to vote on McGarva's board appointment? Or does he sit on the board until the next AGM before shareholders get to vote on his membership? That doesn't sound kosher.

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