Public market insider buying at Neo Performance Materials (T:NEO)

Geoffrey Ralph Bedford, CEO, acquired 10,000 Common Shares on a direct ownership basis at a price of $12.790 on March 19th, 2019. This represents a $127,900 investment into the company's shares and an account share holdings change of 34.2%.

Rahim Suleman, CFO, acquired 10,000 Common Shares on a direct ownership basis at prices ranging from $12.520 to $12.820 between March 20th, 2019 and March 22nd, 2019. This represents a $126,700 investment into the company's shares and an account share holdings change of 73.4%.

Neo Performance Materials is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Neo Performance Materials Inc is Canada-based company engaged in rare earth metal processing sector. The Company manufactures and distributes a broad range of light and heavy rare earth engineered products. The Company's activity is divided in four segments: Magnequench Segment, production of magnetic powders used in bonded and hot deformed fully dense magnets; Chemicals and Oxides Segment, distributes a broad range of light and heavy rare earth functional materials; Rare Metals Segment, sources, produces, reclaims, refines and markets high value metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium and indium; Corporate Segment, includes finance, administration, information technology, accounting and legal. Neo Performance Materials Inc. (NEO) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, two insiders have invested a total amount of $254,600.