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Stocks in play: Neo Performance Materials Inc.

Baystreet - Tue Aug 20, 9:09AM CDT

Has entered into agreements to sell (i) 86% equity interest in Jiangyin Jiahua Advanced Material Resources Co., Ltd. to Shenghe Resources Holding Co., Ltd for approximately USD $25.6 million cash; and (ii) 100% of the equity in Zibo Jiahua Advanced Material Resources Co., Ltd. to Shenghe for approximately USD $4.1 million cash. Neo Performance Materials Inc. shares T.NEO are trading up $0.50 at $8.10.

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