Korean Intellectual Property Office Issues Core Patent for NEO Battery Materials’ Silicon Anodes for High Performance Lithium-Ion Batteries

Vancouver, British Columbia–(Newsfile Corp. – December 24, 2021) – NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) (“NEO” or the “Company”) is pleased to announce that the Korean Intellectual Property Office (“KIPO”) has issued a core patent of NEO’s silicon (Si) anode material technology following the Notice of Allowance announcement made on November 18, 2021.Mr. Spencer Huh, President and CEO, commented, “We are glad to announce that the KIPO has issued one of the core patents related to NEO’s low-cost, single-step nanocoating technology for manufacturing silicon anode active materials. As South Korea stands as one of the largest battery manufacturing countries and an epicenter of battery innovation, NEO will continue to strategically establish its presence and development within this market.”NEO will further submit this patent to the U.S. Patent and Trademark Office and the…

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