Neo Performance Materials Announces First Quarterly Dividend

TORONTO, March 8, 2018 /CNW/ - Neo Performance Materials Inc. (the "Company") (TSX: NEO) announced today that its Board of Directors declared a quarterly dividend totaling $0.095 per share on each of its common shares.

The quarterly dividend declared today will be paid on March 29, 2018 to shareholders of record on March 22, 2018.

Quarterly dividends are only payable as and when declared by the Company's Board of Directors and there is no entitlement to any dividend prior thereto.

Unless indicated otherwise, all dividends paid by the Company are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.

About Neo Performance Materials
Neo Performance Materials is a global leader in the innovation and manufacturing of rare earth- and rare metal-based functional materials, which are essential inputs to high technology, high growth, future-facing industries. The business of the Company is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals. The Company is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, US; and Beijing, China. The Company operates globally with sales and production across 10 countries, being Japan, China, Thailand, Estonia, Singapore, Germany, United Kingdom, Canada, United States, and South Korea. For more information, please visit www.neomaterials.com.

SOURCE Neo Performance Materials Inc