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NEO Battery Materials Ltd. (V:NBM)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 520 - 800 West Pender St.
Tel: N/A
IR: See website
Key People
Sungbum Spencer Huh
President, Chief Executive Officer, Director
Nancy Xiao Zhao
Chief Financial Officer
Chris Chung
Vice President - Corporate Finance (Asian Markets) and Director
Business Overview
NEO Battery Materials Ltd, formerly Pan Andean Minerals Ltd, is a Canada-based junior resource company focused on battery metals exploration in North America. The Company focuses on exploring and producing silicon, which, when added to anode materials in the production of lithium-ion batteries, provides improvements in capacity and efficiency over lithium-ion batteries using graphite in anode materials. The Company has staked new mining claims in Golden, British Columbia (BC), along a strike with a quartzite bed, targeting silica in the quartzites for a total of approximately 467 hectares. The Company intends to become an integrated silicon producer and anode materials supplier to the electric vehicle industry.
Financial Overview
For the three months ended 31 May 2021, NEO BatteryMaterials Ltd revenues was not reported. Net loss increased64% to C$494K. Higher net loss reflects Corporate listingand filing fees increase from C$1K to C$72K (expense),Interest expense increase from C$12K to C$69K (expense),Marketing increase from C$1K to C$49K (expense). BasicEarnings per Share excluding Extraordinary Items totaled to-C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $71.76M as of May 31, 2021
Annual revenue (TTM): $0.00M as of May 31, 2021
EBITDA (TTM): -$1.74M as of May 31, 2021
Net annual income (TTM): -$1.85M as of May 31, 2021
Free cash flow (TTM): -$0.89M as of May 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 87,675,647 as of Jul 9, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization