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Slide #25. 5N Plus Inc — 100% Interest in its Sylarus Subsidiary
Acquirer:
5N Plus Inc (TSE:VNP.CA)
Acquiree:
100% Interest in its Sylarus Subsidiary
Details:
5N Plus Inc. (TSX: VNP), the leading producer of specialty metal and chemical products, is pleased to announce that it has acquired the remaining 33.33% percent ownership interest in its subsidiary Sylarus Technologies, LLC, located in St. George, Utah, and has changed its name to 5N Plus Semiconductors LLC.
5N Plus is a producer and recycler of high purity metals and compounds for electronic applications including solar modules and medical devices. Co.'s products include metals such as tellurium, cadmium, germanium, indium, antimony, selenium and related compounds such as cadmium telluride, cadmium sulphide and indium antimonide; used in electronic applications, for solar (thin-film photovoltaic) market, radiation detector and infrared markets. Co.'s customers are located for the most part in Canada, the United States, Europe, Israel and Asia.
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