view Neo Lithium Corp Neo Lithium receives increased investment from Chinese shareholder CATL

The company said CATL’s subscription for 860,870 shares will raise around C$2.62 million, allowing the investor to maintain its 8% stake in Neo Lithium The money will be used to fund development work at Neo Lithium’s 3Q Lithium project in Argentina

Neo Lithium Corp ( CVE:NLC ) (OTCQX:NTTHF) (FRA:NE2) said Contemporary Amperex Technology Co Limited (CATL), a Chinese battery manufacturer and technology company that specializes in lithium-ion batteries for electric vehicles and energy storage systems as well as battery management systems, has said it intends to subscribe for 860,870 shares in Neo Lithium to maintain its 8% stake.…

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