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Neo Performance Materials Announces Completion of $67.6 Million Bought Deal Treasury Offering of Common Shares

Newswire.ca - Fri Sep 16, 8:00AM CDT

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TORONTO, Sept. 16, 2022 /CNW/ - Neo Performance Materials Inc. ("Neo", the "Company") (TSX: NEO) is pleased to announce that it has completed the previously announced treasury offering (the "Offering") of common shares of the Company (the "Common Shares") (see press release dated August 26, 2022).  The Company issued and sold from treasury an aggregate of 4,506,734 Common Shares (the "Offered Shares") at a price of $15.00 per Offered Share for total gross proceeds to the Company of approximately $67.6 million, including the partial exercise of the over-allotment option. 

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