NEO Battery Closes Upsized Non-Brokered Private Placement Offering of $5.5 Million – The Canadian Business Journal

Toronto, September 29, 2025 (Globe Newswire) – Neo Battle Materials Ltd. (“Neo” or “company”) (TWITHXV.: NBM) (OTC: NBMFF), an inexpensive battery developer with an increase in silicon, which provides longer, fast charging for unmanned aerial vehicles, robotics and electronics, glad to close its increased private placement (“The” (“The” (“The” (“The” (“The” (“The” (“The” (“The” (“The” (“The” (“The” (“The” (“The” (“Offer”) Through the release of 10 785 836 units (each, a”Unit”) At the price of $ 0.51 per unit for the total gross revenue in the amount of approximately $ 500,000.

Each unit consists of one common share of the company (each of which “General share“) And one indescribable order to buy a common action (each,”Order”). Each order will be carried out to acquire one total share of the company in the amount of execution in the amount of 0.80 US dollars within 36 months from the closing date or until September 29, 2028.

It is expected that pure revenue from the proposal will be allocated for ( In connection with the proposal, the company paid a suitable commission on cash in the amount of $ 203,806.77, suitable seekers. The proposal is subject to the final adoption of TSXV.

Units in accordance with the offer were offered to customers outside Canada in accordance with the liberation from the requirement of the avenue available in accordance with section 2.3 of the Ontario of the Securities Commission Rule 72-503- Distribution outside Canada (“”OSC 72-503“), And, accordingly, securities released in accordance with OSC 72-503 Protecting minority security owners in special transactions (“”Mi 61-101”) And, therefore, is not subject to TSXV 5.9 policy.

This press release is not a proposal for the sale or proposal for the purchase of any of the securities described here in the United States. Securities were not and will not be registered in accordance with the 1933 US securities law, with amendments (“1933 Act”) Or any state laws on securities and cannot be proposed or sold in the United States or for, or for an account or a benefit of the US persons (as defined in provisions S in accordance with the 1933 law), if not registered in accordance with the 1933 law and applicable to the state of securities, or exclusion from such registration requirements.

About Neo Battle Materials Ltd.
Neo Battle Materials is a Canadian battery technology company, focused on the development and production of lithium-ion batteries, reinforced silicon, in unmanned aerial vehicles (UAVs), robotics, unmanned systems, electronics and systems of energy storage for data processing centers. Thanks to the patent, inexpensive production process, the Neo battery provides a longer and super -suffered charger and provides complex solutions for the battery from the choice of materials, cell architecture and process optimization. The company seeks to become a leading manufacturer of high-performance components and materials of lithium-ion batteries, creating a safe, reliable chain of battery supplies in North America. To receive additional information, please visit the company's website at the address: https://wwww.neobattterymaterials.com/Field

On behalf of the board of directors
Spencer yes
Director, President and General Director

For relations with investors, PR & more information:
[email protected]

T: +1 (437) 451-7678

This press release includes certain promising statements, as well as goals, strategies, beliefs and leadership intentions. All the information contained in this document, which is not clearly historical in nature, may be informing information. Generally, Such Forward-Looking Information Can Be Identified Notably by the Use of ForMinology Such AS “PLANS”, “DOTES NOT EXPECT”. “IS Expected”, “Budget”, “Scheduled”, “Estimates”, “Forecasts”, “Intends”, “Anticipates” or “Does not anticipate”, or “Believs”, Or Varis of Suchh Words And PHRASS OR STETE THE CERTAIN Actions, Events or Results “May”, “CAN”, “CAN”, “CAN” or “will be taken”, “to occur” or “to be achieved”. Advanced information is subject to well -known and unknown risks, uncertainty and other factors that can cause actual results, level of activity, performance or achievement of the company that are significantly different from those that are expressed or implied by such far -sighted information, including, but not limited: volatile promotions; general world markets and economic conditions; the possibility of writing off and violations; risk associated with research and developments of technology related to the battery; risk associated with the efficiency and implementation of technologies that have not yet been verified or proven on a commercial scale; Scaling of production processes, including maintaining the constant quality of the material, production profitability and reproducibility of processes on a pilot or commercial scale; risks associated with the compatibility of existing chemical studies of the battery; Unforeseen risks associated with the introduction and maintenance of cooperation, joint ventures or partnerships with battery manufacturers, original equipment manufacturers and various companies in the global chain of battery supplies and Downstram; risks associated with the inability to develop and produce commercially viable products or that technical goals cannot be achieved within the framework of the expected terms or budgets as part of joint development or cooperation; The risk due to the fact that the purchase orders may not be fulfilled in full or on time, since the actual implementation of income depends on the delivery schedules, the achievement of technical milestones and the testing of customer acceptance; Contraboration risk after the delivery of commercial products; risks associated with the construction, completion and financing of commercial facilities, including Windsor and South Korean facilities; risks associated with violations of the supply chain or fluctuations in the costs of raw materials, processing chemicals and additive prices that affect production costs and commercial viability; risks associated with impossible risks arising during research, development and production; The competition that the company is faced with in providing experienced personnel and financing; access to adequate infrastructure and resources to support research and development of battery materials; risks associated with changes in the regulation of technologies governing the company; risks associated with the timely execution of strategies and business plans of the company; risks associated with the demand and implementation of the lithium-ion battery and the introduction of silicon anodes and the battery technology of the company; Problems of market implementation and integration, including the difficulty of turning on silicon anodes and silicon batteries in battery manufacturers and manufacturers of manufacturers; risks associated with various environmental and political rules that the company obeys; risks associated with regulatory and resolving delays; dependence on key personnel; risks of liquidity; risk of trial; Risk management; and other risk factors specified in the recent financial statements of the company and MD&A, as well as in recent securities for the company that are available on www.Sedarplus.caThe Advanced Information field is based on assumptions that the leadership considers reasonable at a time when such statements are made, including, in addition, the continuation of R&D and commercialization activities, no significant negative changes in the prices of predecessors, development and commercialization plans to continue in accordance with the plans and such plans for achieving their stated expected regulatory agreements and such agreements and such agreements and such agreements and such agreements and such agreements and such agreements and such agreements and such agreements and such agreements and such agreements and such agreements factors set out here. Although the company tried to identify important factors that can lead to significantly different results from those contained in reverse information, there may be other factors that lead to the fact that the results will not be the same alleged, supposed or alleged. There can be no guarantees that such far -sighted information will be accurate, since the actual results and future events can differ significantly from those expected in such far -sighted information. Such promising information was provided in order to assist investors in understanding the business, operations, research and development of the company, as well as commercialization and may not be suitable for other purposes. Accordingly, readers should not rely on incorrect information on promising information. At the date of this presentation, information about the perspective is provided, and the company is not obliged to update such promising information, except in accordance with applicable laws on securities.

Neither the TSX Venture Exchange, nor its provider of regulation services (how this term is determined in Thetsx Venture Exchange policy) are responsible for the adequacy or accuracy of this release.


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