NEO Battery Materials to Expand into Canada with Appointment of Dr. Luc C. Duchesne as VP of Government Relations for Grant Funding Initiatives
13 7월 2023 - 9:30PM
(
TSXV:
NBM) (
OTCQB: NBMFF)
- Appointed Dr.
Luc C. Duchesne, Ph.D., as VP of Government Relations to Initiate
Canada Expansion Strategy Funded by Federal and Provincial Grant
and Non-Dilutive Financing Programs
- Extensive Record
in Grant Applications, Public-Private Partnerships, and Business
Operations in Pharmaceutical, Energy, and Mining
- Establishing
Ontario R&D Centre for Silicon Anode Production & Ease of
Access to North American Global Battery Manufacturers and EV OEM
Partners
- To Form Task
Force of Battery Professionals, University Professors, and Former
Government Officials to Increase Non-Dilutive Financing &
Expand Research
NEO Battery Materials Ltd.
(“NEO” or the
“Company”),
a low-cost silicon anode materials developer that enables
longer-running, rapid-charging lithium-ion batteries, is pleased to
announce the initiation of NEO’s Canada Expansion Strategy through
the appointment of Dr. Luc C. Duchesne, Ph.D., as the Vice
President of Government Relations to secure government grants and
non-dilutive funding initiatives.
NEO will expand to North America by establishing
an R&D Centre in Ontario next month, taking advantage of
favourable commercialization and material optimization progress in
South Korea. Producing localized NBMSiDE™, NEO’s proprietary
silicon anode materials, in Canada will facilitate better
communication, faster material evaluation, and improved
relationships with Canadian and U.S. global battery manufacturers
and EV OEMs, creating increased opportunities for collaboration and
innovation.
To strategically expand into Canada through
non-dilutive financing, NEO has appointed Dr. Luc Duchesne as VP of
Government Relations to lead federal and provincial grant
applications and to manage relationships with government officers
and entities. With vast experience in private-public partnerships
over a 35-year career, Dr. Duchesne bridges the gap between science
and business having senior-level leadership in multiple sectors,
including pharmaceutical, agriculture, manufacturing, energy, and
mining. He has an extensive track record of securing government
grants and non-dilutive funding on both the federal and provincial
levels.
Dr. Luc Duchesne commented, “I am excited to
join the Company’s journey to commercialization. The potential and
level of technology that NEO possesses is one of the first in
Canada, and the Company will be a critical component within the EV
battery supply chain going forward. Our first task will be to build
a portfolio of grant applications to secure non-dilutive government
funding for NEO’s R&D Centre in Ontario.”
He has authored and co-authored 85 peer-reviewed
scientific articles, literature reviews, books, and over 300
non-peer-reviewed articles. He is passionate about sustainability
and anthropogenic effects on the environment, earning his Ph.D.
from the University of Guelph in 1988, an MSc from the University
of Toronto in 1985 and a BSc in Forestry Sciences from Laval
University in 1983. As a former scientist with Natural
Resources Canada from 1991 to 2003, he received a 5NR Science Award
to Leaders in Sustainable Development for advancing and
communicating science for sustainable development.
Mr. Spencer Huh, President & CEO of NEO,
said, “With the decarbonization of the Canadian economy becoming a
central policy platform, NEO offers a technology suite that permits
governments to meet their policy targets of atmospheric carbon
reductions. In parallel, the Company aims to establish a task force
of battery professionals, university professors, and talented
personnel like Dr. Duchesne to increase the magnitude of
non-dilutive funding amounts. This task force will build a research
consortium with public and private entities to deploy NEO’s
technology platform in North America and conduct long-term studies
of its technology.”
About NEO Battery Materials
Ltd.NEO
Battery Materials is a Canadian battery
materials technology company focused on developing silicon anode
materials for lithium-ion batteries in electric vehicles,
electronics, and energy storage systems. With a patent-protected,
low-cost manufacturing process, NEO Battery enables longer-running
and ultra-fasting charging batteries compared to existing
state-of-the-art technologies. Building the first commercial plant
in South Korea, the Company aims to be a globally-leading producer
of silicon anode materials for the electric vehicle and energy
storage industries. For more information, please visit the
Company’s website at: https://www.neobatterymaterials.com/.
On behalf of the Board of DirectorsSpencer
HuhPresident and CEO604-355-6463shuh@neobatterymaterials.com
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NEO Battery Materials (TSXV:NBM)
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NEO Battery Materials (TSXV:NBM)
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