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Stock impact report

Electra Announces Results of Special Meeting [Yahoo! Finance]

Electra Battery Materials Corporation (ELBM) 
Company Research Source: Yahoo! Finance
TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“ Electra ” or the “ Company ”) is pleased to announce the results of its special meeting of shareholders held today in Toronto. A total of 13,792,275 common shares in the capital of the Company (“Common Shares”), or 24% of Electra's issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of all items of business put forth at the meeting, being (i) an amendment to the articles of the Company to complete a reverse stock split (the “Reverse Split”) of the issued and outstanding common shares (the “Common Shares”) of the Company at a ratio of one (1) post-Reverse Split Common Share for between three (3) to five (5) pre-Reverse Split Common Shares, as determined by the Board of Directors of the Company and (ii) the 2024 Employee Share Purchase Plan for the Company (the “2024 ESP Plan”). The Company's full voting r Show less Read more
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