 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. The lithium brine developer said CATL will subscribe for the shares through a non-brokered private placement at C3.05 each, providing Neo Lithium with gross proceeds of around C2.62 million. 