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Neo Lithium closes strategic investment with CATL; ~8% stake; 3Q project

  • Green Car Congress faviconGreen Car Congress

    By mmillikinDec 16, 2020, 3:16 am281 pts
    photo of Neo Lithium closes strategic investment with CATL; ~8% stake; 3Q project imageCanada-based Neo Lithium Corp. (NLC) announced the closing of a previously announced equity investment by China-based Contemporary Amperex Technology Co. Limited (CATL), whereby CATL, through a subsidiary controlled by CATL, subscribed for 10,217,503 common shares of Neo Lithium at a price of C$0.84 per common…
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