Skip to main content

NEO Battery and NBM Korea Enters into Definitive Lease Agreement for Operational Battery Electrode Manufacturing Facility

Newswire.ca - Tue Nov 25, 2025

TORONTO, Nov. 25, 2025 /CNW/ - NEO Battery Materials Ltd. ("NEO" or the "Company") (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to announce that the Company and its South Korean subsidiary, NBM Korea Co., Ltd., ("NBMK") have entered into a definitive lease agreement ("Definitive Agreement") with ENPLUS Co., Ltd., an arm's length party, ("Lessor") on November 10, 2025, to lease an operational battery electrode manufacturing facility.

Read more at newswire.ca

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.