NEO Battery Materials Ltd V.NBM

Alternate Symbol(s): NBMFF

NEO Battery Materials Ltd. is a Canadian battery materials technology company. It is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fast charging batteries compared to existing technologies. It is a producer of silicon anode materials for the electric vehicle and energy storage industries. It is developing and optimizing its silicon anode materials, NBMSiDE, through its all-in-one manufacturing process. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.

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NEO Battery Materials Ltd

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Comment by yukoninvestoron Nov 15, 2012 4:31pm

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Post# 20606876

RE: RE: And the news has arrived

I am thinking that since insiders are participating they made the financing price as low as reasonably possible without affecting "optics". At 20c to 25c I am thinking they would run the risk of not filling the financing; that may even happen at 16c... and so begins dilution and building of overhang, hopefully they make a discovery of merit prior to getting back to 90 million O/S.

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