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Neo Announces Strategic Review Process Intended to Maximize Shareholder Value and Announces Intention to Add Hastings Technology Metals Nominee to the Board

Newswire.ca - Fri Jun 14, 6:00AM CDT

TORONTO, June 14, 2024 /CNW/ - Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) announced today that the board of directors of Neo (the "Board") has formed a Special Committee of independent directors to lead a comprehensive strategic review process to consider opportunities to maximize shareholder value. The Special Committee intends to retain an independent financial advisor, in addition to other advisors it may retain, to support the strategic review process.

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