NEO Battery Materials Ltd V.NBM

Patience

[Zevo]

While we are waiting for something to happen, just re read what they have accomplished last year.
-patience will pay off . Stay long my friends ..

Business Developments

• Increased the non-disclosure agreement ("NDA") count from 2 in March 2021 to approximately 20 NDAs which include globally established industry players in the battery cell manufacturing, materials manufacturing, and automotive industries

• Completed the establishment of the wholly-owned South Korean subsidiary, NEO Battery Materials Korea Co., Ltd., for flexibility of operations in South Korea and creating relationships with battery manufacturers and government entities

• Signed a Letter of Intent with the University of Toronto and an Undisclosed Global OEM for a research consortium on the R&D and scale-up of electric vehicle (EV) battery material technologies

• Formed a licensing agreement and collaborative development agreement with the Yonsei University of South Korea for the development and advancement of NBMSiDE manufacturing and nanocoating material technologies for high-performance EV lithium-ion batteries

• Secured talented Scientific Advisors and In-House Researchers excelling in the field of rechargeable lithium-ion batteries for application in electric vehicles: Addition of7 Scientific Advisors, 2 Senior Research Engineers, and 2 Semi-Commercial Plant Project Managers

Mr. Spencer Huh, President and CEO of NEO, expressed, "2021 was a highly special and historical year to NEO. We hold great confidence and belief that we will be among the advanced and crucial components of the supply chain for the promising lithium-ion battery industry in the coming years. We expect that 2022 will be another decisive year to achieve important and noticeable milestones related to the commercialization and performance improvement of NBMSiDE. On behalf of management and the board of directors, we would like to thank all our team and our valued shareholders for a great 2021. We will move forward at full capacity to maximize our shareholders' value in 2022, and we wish you the best happy new year."