"I would like to extend my gratitude to Nicholas for his contributions and dedicated service to 5N Plus over the past two decades," said
Earlier this year, 5N Plus unveiled its intent to transform the Company by substantially growing its businesses in specialty semiconductors and performance materials while harvesting legacy businesses and those with higher commodity exposure. As the market leader with approximately 45 percent share of the Company's Total Addressable Market (TAM), a key tenet of the strategy enables 5N Plus to considerably expand its TAM while continuing to focus on its core activities. The Company will rely on organic and M&A activities to achieve this objective and expects meaningful revenue expansion as it executes against its strategic roadmap.
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"I would like to thank my friends and colleagues at 5N Plus with whom I have shared my career for the better part of the past two decades," said
About 5N Plus Inc.
5N Plus is a leading global producer of specialty semiconductors and performance materials. The Company's ultra-pure materials often form the core element of its customer products. These customers rely on 5N Plus's products to enable performance and sustainability in their own products. 5N Plus deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company's products enable various applications in a number of key industries including renewable energy, security, space, pharmaceutical, medical imaging, and industrial and additive manufacturing. Headquartered in
Forward–Looking Statements and Disclaimer
Certain statements in this press release may be forward-looking within the meaning of applicable securities laws. Forward-looking information and statements are based on the best estimates available to the Company at the time and involve known and unknown risks, uncertainties or other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward–looking statements. A description of the risks affecting the Company's business and activities appears under the heading "Risk and Uncertainties" of the 5N Plus 2020 MD&A dated
Forward–looking statements can generally be identified by the use of terms such as "may", "should", "would", "believe", "expect", the negative of these terms, variations of them or any similar terms. No assurance can be given that any events anticipated by the forward–looking information in this press release will transpire or occur, or if any of them do so, what benefits that 5N Plus will derive therefrom. In particular, no assurance can be given as to the future financial performance of 5N Plus. The forward–looking information contained in this press release is made as of the date hereof and the Company has no obligation to publicly update such forward–looking information to reflect new information, subsequent or otherwise, unless required by applicable securities laws. The reader is warned against placing undue reliance on these forward–looking statements.
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